When a person decides to move into a rental property, there are a number of conditions that are imposed by the property owner. These conditions are related to the kind of lifestyle that one can expect in a rented property. The property owner is responsible for offering the basic necessities but he/she may also put certain restrictions on the property as well. All the terms and conditions are laid down in the lease agreement and the rent agreement format in word is considered to be one of the top formats in the country. The overall growth in demand for housing in the country has increased and the demand for rental properties is high indeed. This is the reason why the tenants should know about their rights to live in a rented property. These rights allow them to ensure that all the terms and conditions laid down in a rental agreement are conducive to their lifestyle.
The rights of tenants as per the norms in India
When the property owners let a property out, there are a number of features that are allowed to be installed in the properties. For one, the basic necessities like electricity and water supply should be made available. These are mandatory for living and it is the responsibility of the property owner to ensure that provisions have been made to ensure that their supply is ready. The overall growth in demand for housing in the country has increased in the year 2015 and the instances of property rentals have also increased. Therefore whenever a property is let out, the aforementioned clauses are definitely included in the rent agreement format in word which can then be printed on stamp paper.
The rent amount is also subject to certain laws. In most of the states, the rent amount is in accordance with the norms established by the state. The amount itself depends on the value of the property and the location that it is at. There is a new rental agreement law being structured to replace the new one to do away with the archaic norms of property rentals.
Then there is the option to sublet a property. The tenants do not have the right to sublet a property without the express consent of the property owner. If the property owner allows, then the process can be taken ahead by the property seekers. Similarly, there can be norms related to pet restrictions or cooking of non vegetarian food- a trend that is prevalent in certain parts of the country. All these factors have to be considered while signing a rental agreement.
How to make the best rental agreement?
In view of the high rental demand and the property owners as well as tenants seeking the best property rental options, property portal housing.com has emerged as one of the most prominent new tools for creating a lease agreement. The online lease agreement service allows property owners to create a rent agreement format in word in accordance with their needs, get it printed on a stamp paper and then have it delivered for free to the tenants for signing. The portal has made the process deceptively simple.