A draft of the rent agreement document needs to be made and it should include the following information:
Name and permanent residential address of both landlord and tenant, details of the property being given on rent, duration of the rental agreement, amount of monthly rent, and security deposit payable and any other terms and conditions that the tenant or owner have agreed upon.
After verification by both landlord and tenant, the draft rent agreement document needs to be printed on a stamp paper of INR 100 or above. Both parties need to visit the Sub-Registrar’s Office under whose jurisdiction the property comes, for the registration of the agreement. After the payment of the stamp duty and registration charges at the office, the rent agreement is generated. Both the parties and witnesses will be asked to sign the document before the Sub-registrar.
Important documents that are required for rent agreement registration are a document mentioning the property details, proof of address of the property to be registered, photo ID of both the landlord and the tenant, demand draft of the stamp duty, and the registration amount. There needs to be two witnesses who should also provide their photo ID proofs at the office.
