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Validation of an online rental agreement refers to the process of confirming that the agreement is legally binding and enforceable. This may include verifying the identities of the parties involved, ensuring that all necessary terms and conditions are included in the agreement, and confirming that the agreement has been properly executed and executed by all parties.

Yes. An additional cost of INR 250 would be charged for providing you with a hard copy of the Rent Agreement.

After filling the required details in the online form, an executive would make a visit to capture the biometric information.

The stamp duty on an online rent agreement varies by state and union territory in India. It is generally a percentage of the total rent amount for the lease period, and can range from 1% to 7%. It is important to check with the relevant state government or local authority to determine the exact stamp duty rate for an online rent agreement in your area.

Generally, online Rental agreements can have any tenure or lease term, whether it be for a few months or several years. The 11-month tenure is a common lease term used in India. It is a popular option because it allows landlords to avoid certain regulations that apply to agreements that are longer than 11 months.

Yes. We give you an option to edit your rent agreement online before submitting it to the government authority.

The time duration to complete an online rental agreement can vary. Some online rental agreements can be completed in just a few minutes, while others may take longer to fill out and review. It is important to carefully read and understand the terms of the agreement before signing, which can take additional time. However a general agreement completion time is 3-5 days.

After filling the form, a biometric would be scheduled to update the KYC required for the rent agreement.

The total fee for creating an online rent agreement will depend on several factors, including the state or union territory where the property is located, the duration of the lease, and any additional services that may be required. The fee generally includes the cost of the stamp duty, as well as any additional charges for registering the agreement. Some third party service providers may charge a fee for creating and registering the online rent agreement. It is advisable to check with different service providers for the total fee for creating an online rent agreement in your area.

Yes, it is possible for you to execute and sign an online rental agreement from anywhere in the world as long as you have internet access. The process of signing the agreement will depend on the specific agreement and the parties involved, but it could be done through an electronic signature software, typed signature, email confirmation or video conferencing.

Yes, it is possible to add multiple tenants in an online rental agreement. It is known as a multi-tenancy agreement. The process of adding multiple tenants will depend on the specific agreement and the parties involved, but it usually requires all tenants to sign the agreement and agree to the terms and conditions of the lease.

If a landlord or tenant claims that they never signed a rent agreement after digitally signing it, there are a few steps that can be taken to resolve the issue. One option is to check the digital records of the agreement to see if there is a record of the signature. Many online platforms that facilitate digital rental agreements will keep records of the agreement, including signatures.

In general, it is a good practice to have both a digital copy and a printed copy of the rent agreement. This way, both parties have a physical copy of the rent agreement, which can be useful in case of any disputes or if the digital copy is not accessible.

To make an online rent agreement, the following documents are typically required:

• Identify proof of both the landlord and tenant, such as a passport or voter ID card.
• Address proof of both the landlord and tenant, such as a utility bill or bank statement.
• The rent agreement, including the terms and conditions of the lease.
• Digital signatures of both the landlord and tenant.

In India, The Indian Contract Act 1872, The Information Technology Act 2000 and The Information Technology (Amendment) Act 2008 provide for the Legal Recognition of Electronic Signatures, Electronic Records and Electronic Contracts. They provide that an electronic contract, which is signed with an electronic signature, is considered as a valid contract.