A rental / lease agreement involves a transfer of interest from the owner to the tenant, or a lessor to the lessee. A Rent Agreement is usually governed by restrictive rent control laws, wherein the amount of rent has to be ideally charged based on a formula devised by the local executive, legislative or judiciary, or as the case maybe. Tenant or lessee usually have good control over the terms with the Rent control laws usually coming into play, when the lease period is at least 12 months.
Documents Required for Lease & Rent Agreement:
Lease & Rent Agreement takes around 1-2 working days.
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