Being a landlord in India can be a rewarding endeavor, but it also comes with responsibilities and challenges. One of the most common issues faced by landlords is tenants who fail to pay rent on time. When rent payments are consistently missed, it can lead to financial strain for the landlord. In this blog, we’ll […]
Tag Archives: Rental Guide
Your Guide to Rent Agreements: Format, Components, and Legal Implications Demystified!
Tags: Rental Guide
A rent agreement, also known as a rental agreement or lease agreement, is a legal document that outlines the terms and conditions agreed upon between a landlord and a tenant for the rental of a property. In India, rent agreements are governed by the Rent Control Act of each state, and they hold legal significance […]
How will Rent Courts Resolve Tenant-Landlord Disagreements?
Tags: Real EstateRental Guide
Rent Courts, also known as Rental Dispute Redressal Courts, are a new initiative introduced by the Indian government to resolve landlord-tenant disputes in a timely and efficient manner. These courts are designed to provide a platform for landlords and tenants to resolve their issues without the need for lengthy legal battles.
What Kinds of Tenancy Agreements are There in India?
Tags: Real EstateRental Guide
Tenancy agreements are a vital aspect of the rental market in India. These agreements outline the terms and conditions of the tenancy and help to protect the interests of both the landlord and the tenant. There are several types of tenancy agreements in India, each with its own set of features and legal implications.
Rental Guide: Refund policies and security deposits?
Tags: Rental Guide
While renting a home, a tenant must pay additional security money to cover any unanticipated or unavoidable expenditures that the landlord may have to incur at the tenant’s request. This sum, known as a security deposit, varies by city; for example, in Delhi, it is normally 1-2 months’ rent, although in some major cities, it […]
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 […]
In what ways will Rent Courts resolve landlord-tenant disagreements?
Tags: Realty GuideRental Guide
On June 2, 2021, the Ministry of Housing and Urban Affairs adopted the Model Tenancy Act (MTA) to govern the lease of buildings in a transparent and efficient manner employing quasi-judicial entities. The goal was to reconcile the interests of renters and owners by resolving disputes in a timely manner by establishing an adjudicating system, […]
About loan against property rentals!
Real estate is a valuable asset that may be a lifesaver in difficult times in addition to giving one a place to live. For instance, a homeowner in dire need of money doesn’t need to take out pricey personal loans; instead, they can use a home equity loan to get by during the financial crisis […]
All About Tenant police verification in Pune!
Tags: Real EstateRental Guide
Tenant police verification is an important step in the process of renting a property in Pune, as it helps to ensure the safety and security of the landlord and other tenants in the building. The process involves a background check on the tenant to verify their identity and criminal history.
What exactly is rental yield?
Tags: Real EstateRental Guide
When a property is rented, it generates a fixed monthly income. Rental yield is simply the proportion of the property value earned from rental revenues over the course of a year. It is one of the most frequent ways for calculating a property’s Return on Investment (ROI). It describes the concept in depth and discusses […]
