Rent Agreement is also known as Rental Agreement or Leave and Licence Agreement. Due to high property prices & floating population there is always a huge demand for property on rent. In my previous post on Real Estate, i highlighted 10 Benefits of Staying on Rent. To enjoy these benefits, you have to take a house on rent :). Rent Agreement is signed between Owner and the Tenant. Rent Agreement can signed on a regular stamp paper of Rs 100 / Rs 200. In some places like Mumbai, most of the Rent Agreements are registered in sub-registrar office. Cost of registration is equally borne by the ... Read More
10 Benefits of Staying on Rent
10 Benefits of Staying on Rent, an offbeat post for website on Home Loan and Real Estate. Today morning i decided to write something different. I always try to share neutral perspective i.e. both sides of story for the benefit of readers. You might have come across many people who prefer staying on rent because of unaffordable & increasing property rates. I highlighted this in my post, Endless Wait for Property Prices to Fall. In Indian society, staying on rent is a social stigma. It is linked to financial instability. On internet, you will find lot of financial data whether you should ... Read More