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Akki (Software Engineer)     05 December 2013

Need information before renting a property

Hello All,

I have a flat in Pune, Maharashtra and now I am planning to give it on rent. Because I live abroad, I am planning to prepare a notarised "LEAVE  AND LICENSE AGREEMENT" on Rs 500 stamp paper for 2 years.

Is is sufficient or do you think I should specify any extra terms and conditions in that?

Thanks.



Learning

 2 Replies

Rahul Yadav (CEO)     10 December 2013

Hi!

Yes you are right and to rent a flat only these agreements are necessary. To get more information you can consult any real estate agent like contact housing.com to get more details about those rent agreements or you can make a call at 03-333-333-333

Bobby Mani T (Lawyer)     15 December 2013

In Maharashtra The New Rent Control Act has came into force. (as per my information, you check it out)  As per th enw law you can give building for limited perod.  IF such a facility is available in the Act that prevailing there, you may take use of it and give the building for limited period, so that you will get the buidling when you return.


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