Online Rent Agreement and Leave License Agreement in Pune: A Comprehensive Guide
Renting a property could be an exhilarating and daunting experience. While finding a suitable property is a task in itself, the paperwork that comes with it can be overwhelming. In Pune, the government has made it easier for people to rent properties with the online rent agreement and leave license agreement facilities. In this article, we will guide you through everything you need to know about these digital agreements.
What are Online Rent Agreements and Leave License Agreements?
An online rent agreement is a legal document that outlines the terms and conditions of renting a property. It is a legally binding agreement between the landlord and tenant, which includes the rental amount, duration of the lease, maintenance charges, and other terms and conditions of the rental agreement. The leave and license agreement is a form of a rental agreement that is often used for a short term rental, usually for a period of 11 months. A leave and license agreement is similar to a rental agreement, but it provides more flexibility for both the landlord and tenant.
Benefits of Online Rent Agreements and Leave License Agreements
Digital rent agreements have several advantages over traditional paper agreements. Firstly, it saves time and effort as you do not have to go to the registrar`s office to get the agreement registered. Secondly, the process is more transparent, and there are fewer chances of fraudulent activities. Thirdly, it saves the environment by reducing paper usage. Lastly, it is cost-effective as there are no middlemen involved, and the process is entirely online.
How to Create an Online Rent Agreement or Leave License Agreement in Pune?
Creating an online rent agreement or leave license agreement is a simple process that can be done from the comfort of your home or office. To create an online agreement, follow the below steps:
Step 1: Visit the official website of the Maharashtra government`s Department of Registration and Stamps, i.e., www.igrmaharashtra.gov.in.
Step 2: Click on the `E-registration` tab on the home page.
Step 3: Select `Leave and License` or `Rental Agreement` from the drop-down menu, depending on your requirement
Step 4: Enter the details of the property, landlord, and tenant.
Step 5: Pay the registration fees online.
Step 6: Download the agreement and print the same on stamp paper.
Step 7: Get the agreement signed by the parties involved.
Step 8: Finally, register the agreement using the unique document number provided at the time of registration.
Documents Required for Online Rent Agreement and Leave License Agreement
To create an online rent agreement or leave license agreement, the following documents are required:
1. Passport-size photos of both landlord and tenant.
2. PAN card of both landlord and tenant.
3. Aadhar card of both landlord and tenant.
4. Electricity bill or property tax bill of the property to be rented.
5. Mobile number of both landlord and tenant.
6. Email ID of both landlord and tenant.
Conclusion
In conclusion, online rent agreement and leave license agreement are a boon for tenants and landlords in Pune. It makes the entire process of renting a property seamless, hassle-free, and transparent. However, it is essential to ensure that all the necessary documents are in place before creating the agreement. It is also recommended to seek legal advice before signing any legal documents.