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Online Rent Agreement - FlatMate.in
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Everything about lease/rent agreement

Queries you might have

Online Rent Agreement - FlatMate.in

What is a rental agreement ?

A rental agreement is a legal document that summarises the terms and conditions of a rental property’s use, including the rent amount, duration of the stay, security deposit, responsibilities of the landlord, tenant and other relevant details.

Why is rent agreement so important ?

Rent agreement is a legal document which specifies the terms of the rental possession of the property. In case of legal disputes it might serve as evidence.

Online Rent Agreement - FlatMate.in
Online Rent Agreement - FlatMate.in

How long is a rental agreement valid for?

The rental agreement is made for 11 months to bypass the Rent Control Act. The rent control act gives the tenant immunity against evictions, therefore the landlord prefers to keep the agreement valid for 11 months only.

Our Other Services

Other services we provide to you

Online Rent Agreement - FlatMate.in

Tenant verification

safegaurd yourself from scams by verifying your potential tenant

Online Rent Agreement - FlatMate.in

Manage your flat

A relationship manager will be assigned to manage your flat and find tenants

Online Rent Agreement - FlatMate.in

Rent receipt

You can generate your own rent receipt and download it online.

Frequently Asked Questions

What should be included in a rental agreement?

One should include names of parties involved, property address, rent amount and due date, security deposit details, duration of tenancy, maintenance responsibilities, rules regarding pets and subletting, and procedures for resolving disputes.

What happens if either party wants to end the agreement early?

Early termination may require giving proper notice as per the agreement terms. Depending on the agreement terms, penalties or fees may apply for breaking the lease early.

What is a security deposit, and how does it work?

A security deposit is a sum of money paid by the tenant to the landlord to cover any damages beyond normal wear and tear. It is refundable upon the end of the tenancy, minus any deductions for damages or unpaid rent.

What happens if a tenant damages the rental property?

Tenants are generally responsible for damages caused beyond normal wear and tear. Landlords may deduct repair costs from the security deposit at the end of the tenancy. Detailed move-in and move-out inspections can help document the property’s condition.

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