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House Lease Agreement Sample India

Under the 2019 Model Rental Law, landlords cannot increase pre-tenancy for the entire period for which a lease has been signed. For example, if the lease expires after 11 months, the lessor cannot increase the monthly rent during that period. Only after this period and at the time of registration of the new lease is the lessor legally entitled to make an increase in interest rates that generally does not exceed 10% of the existing amount. In addition, the lessor must announce the tenant three months in advance before increasing the rent in accordance with the bill. In some countries where the e-stamp is available for rental contracts, you do not need to buy the stamp paper physically. You can register on the website of Stock Holding Corporation of India Ltd (SHCIL) and check that the state in which you reside offers this possibility.

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