Get Rental Agreement Online in HyderabadOn Enquiry

How it works?

• Step-1

  Choose type of Rental Agreement

• Step-2

  Enter Landlord, Tenent & Property info

• Step-3

  Review Draft & confirmation

• Step-4

  Print Rental Agreement

• Step-5

  Doorstep Delivery

Procedure to get rental agreement in Hyderabad

Things to remember before making a rent agreement

• Discuss clauses with your landlord/tenant and draft a rough sketch of rental agreement
• Print reviewed draft on stamp paper of recommended value
• Place signatures of the owner and tenant at places designated along with the signatures of two witnesses
• Finally, register the deed at a local Sub-Registrar office
• Now you can use our Online Rental Agreement service in Hyderabad if you don’t have time to do all this yourself. Just visit the portal www.notarykart.com and leave the rest on our shoulders

How to register rental agreement in Hyderabad

Preparing the Agreement

Before you start to prepare a rental agreement in Hyderabad, it is highly advised to discuss necessary clauses that should be included both by the landlord and tenant. Once the clauses are finalized, a deed is drafted and reviewed by both parties. Remember to mention some vital clauses like monthly rent, caution deposit, lock-in period, maintenance charges and several others which just should not be left out.

Purchasing the stamp paper

Buy the stamp paper of recommended value and print the prepared draft on it. The tenant and landlord must then place their signatures at designated places in the contract in the presence of two witnesses, who also sign the deed. The contract is then registered at the local Sub-Registrar office.

Now you can use our Online Rental Agreement service in Hyderabad if you don’t have time to do all this yourself. Just visit the portal www.notarykart.com and leave the rest on our shoulders.

Registration of Rental Agreement in Hyderabad

Registering a document means backing up the contract’s content with an authorized official/ office. This is a fraud deterrent method and ensures that the contract was indeed signed by the parties involved in the contract.

Registration charges for rental agreements in Hyderabad

Registration charges for rental agreements in the dual states of Telangana and Andhra Pradesh are 5%.

Required documents to register rental agreement in Hyderabad

Before registration of the rental agreement, both tenant and landlord may have to produce the flowing documents

• Identity proof
• Title of ownership (landlord)
• Passport size photo

Advantages of registering a Rental Agreement

• Prevents possible forgeries and fraudulent actions
• Is proof that it was signed by parties mentioned in the document only
• Vital factors related to the property become revealed thereby exposing feuds and cases on the property

Vital Clauses to include in your Rental Agreement

The rental agreement is done easily through online in Bangalore; you can easily do it without the help of any broker or any service providers. You need to enter the following information in our portal:

• Rent and other Maintenance charges - Charges for each must be clearly spelled out in the contract to prevent both parties from breaching the contract.
• The penalty for late payments – In most cases, landlords are free to levy a fine on delayed rent payments. Details about such fines must be clearly stated in the deed.
• Cleaning and painting – If Landlord cleans and paints the property under discussion before the Tenant moves in, the charges for the same can be deducted from the deposit paid by the Tenant. So the deed must clearly state that charges for painting and cleaning will be cut from the security deposit.
• Lock in period – This refers to the minimum duration for which the deed cannot be terminated by both parties. Mention the duration of lock-in period in the contract
• Food habits of the tenants – Landlord must mention his rules on food habits like veg/ non- veg etc. that can be practiced on the rented property.

Things to keep in mind for landlords while renting

• Payment receipts – Collect receipts for your token, security deposit and even your monthly rent.
• Painting and maintenance charges– It is a common trend among Landlords to deduct one month’s rent as painting charges from the security deposit. While this is a valid deduction, the Tenant should know that if the property was not painted freshly for him, then the landlord cannot deduct painting charges.
• Registration – An unregistered rental agreement will count as collateral evidence only should a dispute arise.
• Security Deposit – Security deposit is a few months’ worth of money, collected in advance from the Tenant to avoid losses to the Landlord due to various reasons like nonpayment of rent or damages to the property. This is a refundable amount and that fact should be spelled out in the contract.
• Token Advance – Token advance too is a small sum of money paid to the Landlord before even the contract is drawn up. This serves the purpose of blocking the house from other potential tenants and thereby taking the house off the market. Payment of the token advance also considers the deal sealed and if either party backs out, he/she is responsible for compensating for the losses occurred by the other party.
• Owner’s verification – Many times, caretakers or Tenants themselves might pretend to be the owner and try to rent out/ sublet the place. It is the tenant’s job to ask for the various documents to prove a person’s claim to ownership

11-month rental agreement

In the city of Hyderabad, the period of the rental agreement is usually 11 months and later it can be renewed at the end of the 11th month. The tenant must pay the rent and additional charges such as the electricity bill, water bill according to the usage or as agreed by both the tenant and the landlord at the time of registration.

Long-term lease agreement

This is one of the popular methods of renting in Hyderabad. In this agreement, the tenant will pay the lump sum amount to the landlord as the one-time deposit for certain period of time for example 2 or 3 years. In this case, the tenant or lessee need not required to pay any monthly rent for the landlord, they must pay only extra charges such as the electricity and water charges every month as earlier agreed at the time of leasing. At the end of the lease period, the landlord must return the deposited money without interest.

Different types of rent agreement in Hyderabad

1. Flat Rental Agreement

The flat rental agreement is used when someone wishes to rent out a single unit in an apartment complex, not the whole property. Such rental agreements have to be drafted with care, with clauses for access rights to common amenities and the rules of the residents association. Ideally, draft the agreement a few weeks before you move in. That would give both the landlord and the tenant to make changes should they feel so.

2. House Rental Agreement

A house rental agreement, a well-drafted one at that, should be in place before any house rental commence. If you are a landlord who is planning to give your house on rent, you will need to sign a house rental agreement. And vice versa. In short, every rental transaction should begin with the drafting of a house rental agreement.

3. Commercial Office Agreement

Any individual, business owner or company wishing to take up a property to use as an office can make use of a commercial office lease. So if you are the owner of a property apt for office use or if you are an individual who wants to lease a property for office use, commercial office lease is what you need.

4. Room Rental Agreement

Room agreement too is pretty much like the conventional rental agreement, but it has slight differences as some facts are different as the landlord only rents a room in the property.

5. Commercial Shop Rental Agreement

When you wish to open a store/ shop of some kind in a shopping complex, you will need to prepare a commercial shop agreement. The agreement will be signed between the owner of the business and the landlord.

Frequently Asked Questions (FAQs)