Check These 4 Pointers before You Initiate E-Registration of Rent Agreement

After searching for a long time, you finally found a house that suits your requirements. You complete the initial talks with the property owner and settle down with the terms and conditions he proposes.

Wait! Doesn’t all of it look too hasty? Besides, why should you agree with all the proposals the landlord puts forward when you have a right to negotiation? Thus, before finally initiating e registration of rent agreement, you need to go through a few checks. This ensures that you don’t end up paying unnecessary charges or rent hike for that matter.

4 pointers to check before initiating e-registration of rent agreement:

Rent and escalation clause

Professional agencies facilitate e-registration of rental agreement. They come with experts who draft an agreement containing all necessary provisions to induce obligations.

However, all they can do is draft it as per the instructions of parties involved. Hence, before signing it, you need to check that it contains the rent agreed upon between you and your landlord. Also, an escalation clause with a 10% increase every year is the standard norm landlords follow for rental increment. Be clear with your landlord over this as a discrepancy may result in a dispute over agreed increment.

Charges related to available facility

Your rental agreement should also mention all the fees that you have to pay while you use the facilities available on the premises. So, before you give your consent to the agreement, make sure you check if there are any penalties or charges applicable.

Also, you may have to pay any fees over and above the agreed rent to use facilities like a gym or swimming pool present in the premises. Make sure to be clear of all these details so that after e registration of rent agreement, you are not stuck with unnecessary fees or charges.

Additional conditions imposed by the owner

There may be other terms or conditions the owner have included in the rental agreement. For instance, the owner may not allow keeping pets in the house or may not permit late night house parties. These may or may not be agreeable from your end too. Hence, checking on these terms and conditions will give you a fair idea of whether the place will be suitable for you to stay or not.

Clauses relating to damage and repair

A rental agreement should also contain provisions related to payment for any damage and repairing of the house. Don’t forget to check out who will be bearing the cost of these repair and maintenance costs.

Usually, payments for regular maintenance and whitewashing are borne by the owner. If the agreement states it as your obligation, you can renegotiate the terms before completing the registration.

Performing all these checks will ensure you get to have a fair say in the drafting of the rental agreement. Give final thumbs up to the registration only if you are convinced of the clauses’ suitability. Make sure you hire a competent professional agency to ensure all essential provisions are in place.