Many things are overlooked by both tenants and landlords when entering into a tenancy agreement. Most of the time, they give rise to all kinds of epic confrontations and unpleasant scenarios. To avoid most of them, here`s what you need to keep in mind. Currently, traditional stamp papers will be more widely available than their electronic counterparts. E-Stamping in Haryana – e-stamping is a fairly new concept in Haryana. It was recently introduced, March 2015, to be precise. This electronic stamp system still replaces traditional stamp paper sold by cash/banks. This electronic stamp system is operated by the state government and is different from that operated by Stock Holding Company of India (SHCIL). The usual way to design a lease would be to contact a lawyer and let them know your requirements. The lawyer would then prepare an approximate project with the details of the parties involved and the property for rent. The clauses required by both parties would be included in the draft and the final version will be reviewed by the tenant and lessor. If the facts are found to be satisfactory, they will then be printed on stamp paper of appropriate value and those involved will place their signatures along with the signatures of two witnesses.
The document is then registered with the local sub-registration office. LegalDesk offers excellent prefabricated, ready-to-use, lawyer-for-service rental contracts that can be accessed from anywhere in the world. You can simply log on to our website and create one in minutes. For those of them who are considering renting a place in Gurgaon or the rest of the Haryana, this page will prove to be a lifes savior. We will talk briefly about the know-how of creating and registering a lease in the state of Haryana. As in any state, Haryana has its rules on the value of stamp duty to be paid to the state. In the case of leases, stamp duty applies – no matter how much you trust your tenant/owner, the omission of important clauses in your tenancy agreement is like leaving a bomb unattended. Here is a list of clauses that you should never forget to include in your rent. Caution – Deposit is usually recovered in advance is an amount that is refunded. He or she is usually returned to the tenant while he or she clears the premises and hands over the keys. The standard in Haryana is 2-3 months` rent to collect a deposit, although some landlords may ask for more. The trend varies from city to city.
Major cities such as Chandigarh, Faridabad, Gurgaon, etc., can request higher amounts. Smaller amounts can be calculated in cities such as Panipat or Yamunanagar. You can also use the online rental service to design it yourself and get it delivered the legal business can be painful, even more so if they were done in a biffed way. Registering a document with the local chancellery offers the following benefits. Founded in 1966 by the secession of the former Punjab, the green country of India, Haryana is often touted as the most fertile state in India. Although Haryana still shares its capital with Punjab, it is a remote world with its lush greenery and abundant wildlife.