The Madras High Court ruled that under the Tamil Nadu Regulation of Rights and Responsibilities of Landlords and Tenants Act, 2017, landlords within the state can’t evict their tenants via quick-song tactics if they didn’t enter into written tenancy agreements after the regulation went into effect on February 22, 2019, and registered those agreements with the Rent Authority (a state government-appointed officer).… Read more
Everything About the Rent Control Act of Maharashtra
The Act regulates the leasing of residential properties, and each State has its version. In Maharashtra, the new Act (Maharashtra Rent Control Act 1999) has introduced several modifications to the existing Act, making it applicable throughout the State. … Read more
Rent Agreement Format and Legal Implications in India: A Deep Dive!
Tags: Rental
In India, a rent agreement is governed by the provisions of the Indian Contract Act, 1872, and the respective state’s Rent Control Act, if applicable. Here is the format, components, and legal significance of a rent agreement in India:… Read more
Top five areas in Noida that provide the highest rental yield
Tags: Noida
The rental yield of a property has a serious influence on its demand in real estate. … Read more
Rent Receipts in India: Key Tips and Latest Updates
Tags: RentalRental Guide
Renting a property is a common practice in India, and it comes with certain responsibilities for both landlords and tenants. One crucial aspect of this arrangement is the issuance and acceptance of rent receipts. In this comprehensive guide, we will explore the significance of rent receipts, their legal implications, and provide an in-depth analysis of the rent receipt format in India. Drawing on the latest news and sources, we aim to provide readers with a thorough understanding of the importance of proper documentation in the realm of rental agreements.… Read more
Leave and License Agreement: Meaning, Maximum Period and Benefits
Tags: LegalRealty GuideRental
A leave and license agreement is an essential contract that outlines the terms and conditions between a landlord (licensor) and a tenant (licensee) in the context of property transactions. Under the terms of this agreement, the licensee is granted the right to use the licensor’s property for a predetermined amount of time, provided that rent or other remuneration is paid.… Read more
What is rental yield? – Meaning, Formula & How to Calculate
When you compare your normal costs to the money you get from renting out your property, you may determine the amount of money you are making on an investment asset, which is known as rental yield. You can estimate the possible ongoing return on your investment more accurately if you comprehend the fundamentals of asset yield. When it comes time to go over the lease on a financed item, it could also be useful.Finding out a property’s condo yield also helps you decide if it is in the ideal location for your investment goals or if you can get a better condo yield by investing in a different neighborhood or buying a different property.… Read more
10 Best rent payment apps to pay rent with credit card with less charges.
Paying rent can sometimes be a hassle, especially when dealing with different payment methods and deadlines. Fortunately, the best rent payment apps are here to help. If you’ve ever wondered, “Can I pay rent using a credit card?” the answer is yes. These apps make rent payment through credit cards straightforward and convenient, allowing you to manage your finances more efficiently. In this blog, we’ll guide you on how to pay rent with a credit card and introduce you to the top 10 platforms that offer this service with minimal charges. Discover how to pay rent with a credit card and simplify your monthly payments today.… Read more
Rent Agreements in India – Types, Required documents & registration process
Rent agreements in India are a vital aspect of the tenant-landlord relationship, governing the terms and conditions of renting a property. Understanding these agreements is crucial for both parties to ensure a smooth and lawful rental experience. In this guide, we delve deep into the intricacies of rent agreements in India, providing you with invaluable insights and practical advice.… Read more
How do you calculate the rental value of your property?
Tags: Rental Guide
Do you intend to rent out your home to supplement your income? Renting not only necessitates the required repairs and upgrades to make the home appealing to tenants, but it also assists you in determining an appropriate rental value based on market sentiment. Knowing how to estimate the property’s rental value can help you as a landlord set the optimum price and close a good deal.… Read more
