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Rent Agreement Online

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What is Rent Agreement?

To formalize the home renting process, a tenant and a landlord must put the terms and conditions of the verbal agreement in writing and get the document registered to provide it legal validity. This document is known as the rent agreement or the rental agreement. Note that verbal agreements between the landlord and the tenant have no legal backing. And, in case of any future disputes between the two parties, neither the tenant nor the landlord will be able to approach any legal authority to claim relief, if the rent agreement is not executed and duly registered. Under the recently passed Model Tenancy Act 2019, states could set up rent authorities in cities, where landlords and tenants would have to go to the rent agreement registered.


A rent agreement typical takes about the specifics of the tenancy which includes names of the tenant and the landlord, their addresses, the duration of tenancy, the monthly rent, the responsibilities pertaining to property maintenance, penalties on default, etc.

Why is a Rent Agreement necessary?

It is important to have a rent agreement in place to take care of any disputes that may arise between landlord and tenant, due to varied reasons like:

  • Tenant subletting the Property
  • Landlord increasing rent without prior notice
  • Tenant setting up business in the house premises
  • Landlord denying returning the security deposit
  • Tenant damaging the property

Apart from some of the pointers mentioned above, there are many such disagreements that might arise during tenants stay in the property. To take care of all such disputes well in advance, a proper govt-approved rental agreement needs to be in place. Rent agreement is a documented proof for the terms and conditions that have been agreed between the landlord and tenant while renting a property.

What are the various details that are mentioned in a Rent Agreement?

The various details that are listed in a rent agreement are:

  • Details of both the parties
  • Terms of payment
  • Notice period clause
  • Lock in period duration
  • Date of execution of agreement
  • Purpose of lease: Whether for residential or business purpose
  • Yearly increment terms
  • Annexure: Which includes all the list of items in the house like light, bulb, bed, table, etc.

For details regarding the format of online rent agreement or viewing a rent agreement sample, one can check Rent Agreement Format.

What are the benefits of creating rent agreement online on Housing.com?

One can create the rental agreement online on Housing.com. It is completely hassle-free and an online rental agreement is created instantly just by filling in the required information. Once the online rental agreement is created, it is mailed to both the parties, i.e. landlord and tenant for getting it signed. Apart from the convenience factor, the online rental agreement facility offered by Housing.com is quite cost effective as well.


Currently the facility to create online rent agreement is available in all the major cities of India like Bangalore, Delhi, Gurgaon, Hyderabad, Chennai, Kolkata, Faridabad, etc.

Which all cities is Online Rental Agreement service available in?

Digital Rental Agreement service is available in 18 states and 100+ cities such as Bangalore, Gurgaon, Delhi, Noida, Hyderabad, Mumbai, Pune, Kolkata, Chennai, etc.

What is the process of creating the Rent Agreement online?

An online rent agreement can be created by filling in the owner-tenant-property details, making the payment, and digitally signing the agreement. A PDF of the online rent agreement will be shared with owner and tenant/s after everyone has signed.

What details an online rent agreement must have?

Details that an online rent agreement must have include:


  • Name and addresses of the landlord and the tenant
  • Digital signatures of the landlord and the tenant
  • Type of tenancy
  • Duration of tenancy
  • Monthly rent
  • The extent of increase in rent every year
  • Security deposit
  • Terms and conditions of the tenancy
  • Responsibilities of the land lord and the tenant

While a standard rent agreement will have all these details, you can also customize the online rent agreement according to your specific requirements.

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Testimonials

What our users say

Nikita
5.0
Kolkata
I appreciate the help I got from the online rent agreement facility on Housing when shifting to a new rented home in Kolkata. Will certainly use it again and again.
Victor Suri
5.0
Bangalore
Really appreciate the ease Housing’s online rent agreement facility provides. It is as if they know what a tenant generally goes through and have tried to address the very same issues.
Rajiv Dhawan
5.0
Hyderabad
Housing’s online rent agreement service acts as a one-stop-shop for tenants like me. Really appreciate the facility. Housing is a highly recommendable platform for tenants and landlords.

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Frequently asked questions

Is an online rent agreement valid?

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Online rent agreements that are executed on e-stamp paper and signed by both the parties, are legally valid documents. Online rent agreement can be used as address proofs.

Will I get a hard copy of this online rent agreement?

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How do I sign the online rent agreement?

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How much stamp duty is payable on online rent agreements?

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Why is the online rent agreement only for 11 months' tenure?

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Can I edit the clauses mentioned in the online rent agreement?

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How much time does it take to create an online rent agreement?

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How can my tenant/landlord sign this rent agreement online?

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What are the charges for creating the online rent agreement?

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Can I execute and sign the online rent agreement from anywhere in the world?

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Can I add multiple tenants in this agreement?

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What if my landlord/tenant claims that they never signed the rent agreement after digitally signing it?

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Do I need to get the online rent agreement printed, or is a soft copy sufficient?

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What are the documents required to make the online rent agreement?

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What is the legal validity of a digital signature?

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What are the terms and conditions?

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