Are you contemplating renting a property from a landlord who may be an Indian NRI? There are several guidelines you should be aware of if you are. First and foremost, it’s crucial to confirm that your owner has named a representative in India who may act on their behalf in the event of any legal […]
Tag Archives: Rental
Cheers Across Borders: Model Tenancy Act’s Impact on NRIs!
The Model Tenancy Act (MTA) has brought cheer to NRIs. The Act, which was approved by the Union Cabinet in 2021, is a uniform law that will govern the renting of premises in India. The Act provides a number of benefits for NRI landlords, including:
Prime Office Rent Surge: Dubai’s H1 Real Estate Market Report!
Tags: CommercialDubaiRental
Dubai, the gleaming jewel of the United Arab Emirates, has once again proven its resilience and allure in the world of real estate. In a remarkable turn of events, the rental rates for prime office spaces in Dubai experienced an astounding surge of over 50% during the first half of the year. This article delves […]
Unlocking Rewards: How Paying Rent with Credit Cards Can Benefit You in India!
Tags: Real EstateRental
Introduction: In today’s digital era, credit cards have become a ubiquitous payment method for various transactions. While credit cards are commonly used for retail purchases, they also offer a convenient and advantageous way to pay rent. This blog explores the benefits of paying rent through credit cards in India and why it is gaining popularity […]
Understanding Tenant Rights: Defending Eviction by Landlords in India!
Tags: Rental
Introduction: In India, the relationship between landlords and tenants is governed by specific laws and regulations that protect the rights of both parties. When facing eviction, tenants have certain legal defenses that they can employ to challenge the eviction notice and protect their interests. In this blog, we will explore the rights and options available […]
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:
Unrealized Rent: Managing Cash Flow in the Rental Market!
Tags: Rental
Unrealized rent refers to rental income that has been earned but not yet received by the landlord. It occurs when tenants owe rent that is due but have not yet paid it. The landlord recognizes the rental income as earned because the tenants have occupied the property and are obligated to pay rent according to […]
Not Signing a Rent Agreement?: The Potential Pitfalls and Disadvantages!
A rent agreement is a legal contract that specifies all of the mutually agreed-upon terms and conditions between the landlord and the renter. They must pay a registration fee and appear in person at the sub-office registrar’s to complete papers and register the agreement. To save money and save paperwork, two parties may opt to […]
Why Landlord Insurance is a Must-Have for Renters in India?
Tags: Realty GuideRental
If you’re a renter in India, you may be wondering if landlord insurance is something you need to consider. Landlord insurance can provide peace of mind to both landlords and tenants by protecting the property and the occupants. In this guide, we’ll discuss what landlord insurance is, what it covers, and why it’s important for […]
10 reasons why renting a home in India might not be a wise choice?
Tags: Rental
India’s real estate market has expanded significantly over the years, with several new projects and developments popping up in different locations. Although renting a home could seem like a practical choice for many, there are some reasons why it might not be a wise choice in the long run. This essay will go over 10 […]
