This rental agreement is not registered in Ghaziabad on April 1, 2014 notarization and should not be confused. Certification is merely a method of deterrence and proof that the document was indeed signed by the parties involved in the treaty. Non-notarized agreements are considered incidental to the courts only in the event of a dispute. As a witness, LESSOR and LESSEE wrote the signing of the lease agreement on the day of the month and year above 1) the format of any agreement would depend on the facts of the respective case. We often see that most people prepare a fairly carefree lease with a lot of flaws, because they are simply not aware of the problems that might follow. The majority of the population does not realize that a poorly drafted agreement could make things ugly in the event of a dispute in the future. Stamp duty is taxable for the validity of a legal document. In UP, stamp duty for leases is 4% of the annual rent – deposit if the term of the tenancy is less than one year. 3) LESSEE also agrees to pay a monthly rent of 7,500/- (Only seven thousand five hundred rupees).
The rent for each month is paid on the 5th of each month (after the end of the month) 12) LESSOR has the right to terminate the lease if the LESSEE does not regularly pay the rents for a period of two consecutive months or does not violate any of the conditions provided and takes possession of the planned premises. To create a lease with LegalDesk, enter your data into our customizable and legal prefabricated rental agreement, which you can access by clicking on the button below. Enter the details of all the participants and the details of the rental property. Check and print the Softcopy prepared on the buffer paper, or you can allow us to print the document on stamp paper and deliver it to you. 2) LESSEE paid a sum of 50,000/- (Only Fifty Thousand Rupees) for the LESSOR bond. The deposit is not paid and will be refunded to the LESSEE at the time of the evacuation of the planned premises after deducting any rental, electricity, breakage, cleaning and painting costs. Even if the two parties know each other amicably, it is highly recommended to create rent to avoid trouble. While only big cities like Noida, Kanpur, Lucknow, Ghaziabad, etc. insist on really expensive rentals, small towns like Agra or Varanasi are rather relaxed. Here is a list of clauses that should never be omitted from your lease – 7) If the LESSEE requires you to regularly pay the rent on time or to commit a delay in meeting or executing the terms agreed here, LESSOR reserves the right to terminate LEASE and take possession of the calendar premises.
4) If LESSEE wishes to evacuate the premises before the expiry of the period available to them, they must announce a one-month notice period in writing or one month`s rent instead of notice.