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Rent Agreement : What is the matter of 11 months rent agreement, know the basic rights of tenants

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Rent Agreement: There is lack of information among people regarding some rules and laws related to property. In such a situation, today in this news we are going to tell you about the eleven months rent agreement. You can also know about the basic rights of tenants in this news…
News of sour and sweet relationships between landlords and tenants often comes to the fore. Every year, many questions and answers float in the air regarding rent increase and rent agreement. A 10% increase every 11 months. Threats to vacate the house every now and then. So the question arises, what are the rights of tenants? How much can a landlord increase the rent every year? Why do landlords and tenants bicker? Let us tell you about the rights of landlords and tenants in Haq Ki Baat.
Can a rent agreement be made for more than 11 months?

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Actually, under Section 17 of the Registration Act, 1908, there is no mention anywhere that the rent agreement will be made only for 11 months. Actually, the landlord and tenant make an agreement for less than 12 months so that it can be made without any problem. This saves both the parties from the hassle of getting the documents registered at the sub-registrar’s office. Stamp duty for a rent agreement for 11 months is less, whereas for a rent agreement for a longer period, you will have to pay more stamp duty. Therefore, both the parties make an agreement for 11 months only.

What are the basic rights of tenants, how much can landlords increase the rent every year?

No landlord can deny essential services like electricity, water etc. to his tenant. As far as increasing the fare every year is concerned, it is as per the rules of the local states. For example, if you are in Maharashtra, then under the Maharashtra Rent Control Act 1999, the landlord has the right to increase the rent by 4% every year. It should also be mentioned here that the tenant has to pay standard rent. If the landlord makes some changes to the house or changes its structure, he can increase the rent beyond the standard of 4% and it can go up to 25%.

How beneficial is it to stay on rent for a long time?

If both the parties agree to this then the landlord and tenant can make a long term agreement. If the tenant wants to stay for 5 years, then the rent agreement should be registered keeping in mind his rights. If things are done only through a notary, then despite the term of 5 years, the landlord can evict the tenant by giving one month’s notice without giving any reason.

Who benefits from 11 month contract?

An 11 month rent agreement gives the landlord an advantage when it comes to canceling the agreement. This gives the landlord an opportunity to increase the rent. Actually, to avoid any dispute, landlords make rent agreements only for short periods. As far as legal point of view is concerned, the rent agreement cannot be kept as evidence in the court. In such a situation, the tenant cannot present the unregistered rent agreement as his right.

Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
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