A security deposit, also known as a caution deposit, is a sum of money paid by a tenant to a landlord as a guarantee for the performance of the rental agreement. It serves as a form of security for the landlord in case the tenant breaches the terms of the agreement, causes damage to the property, or fails to pay the rent.… Read more
Everything you need to know about the Delhi Rent Control Act
Tags: Rental
The Delhi Rent Control Act, 1958 was enacted by the Indian government in order to protect migrants living on the streets of Delhi. … Read more
A Landlord’s Guide: The Vital Questions to Ask When Renting Your Property!
Tags: Rental Guide
Renting out your property in India can be a lucrative investment, but it also comes with responsibilities. Selecting the right tenant is crucial to ensure a hassle-free and mutually beneficial rental experience. To make an informed decision, it’s essential to ask prospective tenants a series of questions during the screening process. In this blog, we’ll discuss the key questions to ask prospective tenants before renting out your property in India.… Read more
The Landlord’s Dilemma: What to Do When Rent Goes Unpaid!
Tags: Rental Guide
Being a landlord in India can be a rewarding endeavor, but it also comes with responsibilities and challenges. One of the most common issues faced by landlords is tenants who fail to pay rent on time. When rent payments are consistently missed, it can lead to financial strain for the landlord. In this blog, we’ll explore the steps and options available to landlords in India when their tenant is not paying rent.… Read more
Your Guide to Rent Agreements: Format, Components, and Legal Implications Demystified!
Tags: Rental Guide
A rent agreement, also known as a rental agreement or lease agreement, is a legal document that outlines the terms and conditions agreed upon between a landlord and a tenant for the rental of a property. In India, rent agreements are governed by the Rent Control Act of each state, and they hold legal significance in protecting the rights of both landlords and tenants. Here’s an overview of the format, components, and legal significance of a rent agreement in India:… Read more
Unlocking Rewards: How Paying Rent with Credit Cards Can Benefit You in India!
Tags: Real EstateRental
Introduction: In today’s digital era, credit cards have become a ubiquitous payment method for various transactions. While credit cards are commonly used for retail purchases, they also offer a convenient and advantageous way to pay rent. This blog explores the benefits of paying rent through credit cards in India and why it is gaining popularity among tenants.… Read more
Understanding Tenant Rights: Defending Eviction by Landlords in India!
Tags: Rental
Introduction: In India, the relationship between landlords and tenants is governed by specific laws and regulations that protect the rights of both parties. When facing eviction, tenants have certain legal defenses that they can employ to challenge the eviction notice and protect their interests. In this blog, we will explore the rights and options available to tenants in India when defending eviction by landlords.… Read more
Unrealized Rent: Managing Cash Flow in the Rental Market!
Tags: Rental
Unrealized rent refers to rental income that has been earned but not yet received by the landlord. It occurs when tenants owe rent that is due but have not yet paid it. The landlord recognizes the rental income as earned because the tenants have occupied the property and are obligated to pay rent according to the terms of the lease agreement. However, the actual collection of the rent is pending.… Read more
What Kinds of Tenancy Agreements are There in India?
Tags: Real EstateRental Guide
Tenancy agreements are a vital aspect of the rental market in India. These agreements outline the terms and conditions of the tenancy and help to protect the interests of both the landlord and the tenant. There are several types of tenancy agreements in India, each with its own set of features and legal implications.… Read more
