As far as India is concerned, it is not mandatory to have a lease certified by a notary. However, some property owners prefer to do the same, and it`s a very personal decision. In WITNESS OF THE VERMIETER/Owner and tenant/tenant/tenant have control under ___ (Location) on this ___ (lease date) year first mentioned above in the gifts of the following witnesses According to the provisions of the draft Model Rental Law, 2019, landlords cannot make an increase in pre-tenancy for the entire period for which a rental agreement was 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. Note that notarized leases are not identical to registered documents. In the event of a dispute between the lessor and the tenant, the court will not allow a notarized agreement as evidence. It is therefore important to have the lease properly registered. If the agreement includes a deposit, add more Rs100 and Rs1,100 as a registration fee – bringing the total cost to Rs6,240. This does not apply to fees due to lawyers or other intermediaries for all paperwork. Yes, you can make the deal during the rental period, but make sure the landlord and tenant are trustworthy.
Lump sum payments are always made by cheque or net transfer, as no immediate agreement is reached. But try to conclude the agreement within a month. It is very risky to continue for the entire duration without the agreement. Therefore, if your landlord refuses to enter into the agreement after a month, it is advisable to stop and withdraw the rent payment.. . .