To tell him, without doing anything more. There was still time before the 11-month rental period expired. I deducted this amount from the advance. I even wrote it. Alternatively, you can use our customizable, verified lawyer ready to use rental contracts to save time and money. The registration fee for rental contracts in Karnataka is 1% of the deposit. While many people forget the importance of paying a correct stamp duty and registering the document, these factors cannot be ignored. If the corresponding stamp duty is not paid, the parties may have to pay, in the event of a dispute, 10 times the original value as a fine. 3. Prohibition period: These days, the owners insist on the clause relating to the prohibition in the period in the lease. Usually, lock in the period is 6 months, but the clause is cleverly included to keep the lock within the renewal period of the lease in the future. Ideally, there should be no blockage in time in the rental agreement and landlord/tenant can serve as a month`s notice to evacuate the apartment.
6. Non-maintenance costs: housing associations always demand an additional amount for corpus funds, drop funds, housing painting, etc. All these heads should only be worn by the owner. The reason is that the payment under these heads adds the long-term value of the property. These fees cannot be classified as maintenance costs. In the lease, it should be made clear that the non-maintenance costs are borne by the owner. 11. Brokerage: Last but not least, it is not advantageous for brokers, real estate agents, etc.
if tenants stay longer. Therefore, they came up with an innovative fee brokerage idea at the time of the renewal of the lease. Second, owners want to keep brokers in a good mood, as they will have to manage them in the future. In short, you should discuss brokerage with the owners and include a clause in the rental agreement that is once brokerage. At the time of renewal of the agreement, there will be no payment to brokers. An owner can pay to maintain his relationship with the brokers. „I had to argue for hours with the landlord to get the 10-month rent advance back,“ Sahoo said. „And even then, I recovered less than 50% of my deposit. I owed him two months` rent which he adjusted in advance. Painting costs, which are usually monthly, have been overtapped. For this, I lost 15,000 ru. „,“ said Sahoo, who now wants to take the matter to the consumer court.
S Satish, another landlord at J P Nagar, said: „We would be happy for the tenant to take responsibility for painting the 8th. Govt Taxes: There is a dispute between the landlord and the tenant over who will be responsible for property taxes and other public/municipal taxes.