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For rental contracts with a duration of less than or more than 11 months, it is not necessary to record it. For leases concluded for one year or more, it is recommended to register (no certification). This is a precautionary measure to deter fraud, which proves that the companies mentioned in the contract are the ones that actually signed it and that the agreement is not a counterfeit or false agreement. LegalDesk.com offers a very convenient way to create your lease online without having to consult lawyers or search for stamp documents. You can also create a large number of other legal documents with LegalDesk.com! An agreement has been reached with the _________________________________________________________________________________etc___________________________years________________Smt._____ We only use professional human translators and 100% of our certified translations meet these requirements. Token Advance – Normally, karnataka has a system to pay a token advance before the full amount of the deposit is paid. This is done to block the house by the tenant, so that the owner does not give the house to any other person. But there are a lot of lags. Many people don`t take a receipt while they pay the token advance. You must always establish proof of all payments made in a rental store either by check, DD, online transfer, etc. If the payment is made in cash, ask the owner to send you an SMS or receive the payment in writing.

Sometimes you may choose not to pursue the deal and may want to recover the token advance paid. In this case, if the owner agrees to repay the full advance, it is good and good. But if the owner suffers a loss of money, he can deduct a sum from the token advance and return the same to you. However, if your reason for terminating the contract is valid, you can recover the full amount. The rental agreement or lease is processed on a stamp document. There are 2 types of rental in India, one is a lease that lasts at least 12 months. This is governed by the rent control laws adopted by the Land Government. The other type is a rental and license agreement with a maximum duration of 11 months that is not covered by the Rent Control Act….