An agreement between a landlord and the tenant for the use of a residential property on rental basis is known as Residential Rental Agreement. This agreement states the rule laid down by the landlord and the date when the property has been acquired for rental purpose. A tenant can use the property for a maximum tenure of eleven months and if by any chance, there is a need to extend, the agreement needs to be renewed.
If the agreement is prepared for more than 11 months, the agreement needs to be registered.
Benefits of Residential Rental Agreement
- This agreement protects the rights of both the parties, landlord and tenant
- There will be a legal proof for any discrepancy that may arise in future
How we work?
Once you want a Residential Rental Agreement to be prepared, and request us for drafting it, we shall draft it in the next 3 to 4 business days. Our VcourTs representative will be in constant touch with you for any doubts and clarification.
We entertain iterations at the max two times.
Don’t waste time. VcourTs is the trusted name for all your legal needs.