Rental Agreement In Bangalore
In the last 2 decades, Bangalore has enormously grown as one of the Biggest & leading IT city in the country. As one of the leading IT city, it attracts a lot of people from all across the Globe.
With so many professionals coming down to our lovely city, all look for a great residential place to be rented out.
Whenever, you are renting out a place there are so many thing which has to be considered, out of them Rental Agreement is a very crucial & important component. If rental agreement is ignored in the Initial Stages, it might cause a severe problem while vacating the house.
Here are 2 types of Rental Agreement you must know about.
1) Rental Agreement (Without Notary)
Description :-
It refers to a ordinary rental agreement which is not signed by the Notary. It does have a e-stamp paper of any value. The main drawback is it doesn’t hold a strong legal value.
Pricing :- Rs.370 (Free Home Delivery) (Inc of E-Stamp Paper of INR.100)
2) Rental Agreement (With Notary)
Description :-
It refers to a ordinary rental agreement which is signed by the Notary. It also has a e-stamp paper of any value. The main advantage is it holds a strong legal value. This is the most preferred form of rental agreement in Bangalore.
Pricing :- Rs.450 (Free Home Delivery) (Inc of E-Stamp Paper of INR.100)
So, if you are new to Bangalore Or if you are a landlord & renting out the your premises in Bangalore, make a note of the above before getting your Rental Agreement done.
Apart from these 2 types, once can also go for a Registered Rental Rental agreement, to know more about it, you can reach out to us 🙂