A rental agreement should spell out rent payment dates, frequency, penalty if rent is late, and a clause that specifies rent increase.
A leave and licence rental agreement is a contract between a landlord and a tenant. The agreement specifies the terms and conditions based on which the property is let out.
Real estate rental agreements and contracts are between two parties and the government cannot enforce any notification, experts say
It tries to balance the rights and interests of owners, tenants
When Surinder Kumar (name changed), a central government employee, shifted to New Delhi after his promotion, he moved into a two-bedroom rented apartment in an upmarket society in Dwarka. His landlord, who lived abroad, R
A home owner who is looking to rent out his/her property, can either advertise the vacancy online or in newspapers or even approach a broker. Likewise, a prospective tenant can search for options online R
The rental housing market has evolved over the years, with new legislations and registration procedures that help to protect landlords against the potential risk of tenants violating terms and conditions of the rental agreement. R
Vasu Srivastava, an aspiring law student from east Uttar Pradesh, who recently shifted to Delhi for her higher studies, moved into a two-bedroom apartment in Dwarka, with her college friend. However, after two months R
Renting out a residential property is not a passive income generating strategy. The owner has to take the right steps to ensure best returns at least costs.