With flourishing real estate market and people owning more properties than one, renting a property is a common trend these days. With prevalence of nuclear families along with the increasing rate of migration the trend has gained further popularity.
But feuds between the landlord and the tenant are also common. A ‘rental agreement’ becomes critical to avoid disputes at a later stage. It defines the duties and responsibilities of both the parties involved.
As per the Registration Act 1908, all rent agreements for tenure of one year and above have to be legally registered. Being a legally...
