Why Rent Agreement ( Leave and License Agreement ) is must?
In recent times there has been a surge in the number of tenant-landlord disputes arising out of several reasons. No individual would ever like to get trapped in a legal situation.
It is essential to get the Rent Agreement ( Leave and License Agreement ) registered before handing over your property to a tenant to avoid unwanted legal situations.
Is there any Penalty for not registering the Rent Agreement ( Leave and License Agreement )?
If anyone fails to register the Rent Agreement ( Leave and License Agreement ) with the authorities may end up paying a hefty penalty up to 10 times the original amount plus the stamp duty charges
and the remaining registration charges. Defaulters will have to pay a fine at an interest rate of 18% from the date the Rent Agreement ( Leave and License Agreement ) started.
What is e-registration of Rent Agreement ( Leave and License Agreement )?
It is a new facility introduced by the Maharashtra government that enables you to register your Rent Agreement ( Leave and License Agreement ) online without visiting the sub registrar office. Signatures are captured using a biometric device and user details are verified using the Aadhaar system.
What are the pre-requisites to avail e-registration facility to register Rent Agreement ( Leave and License Agreement )?
All parties should have Aadhaar card and PAN number
Is online Rent Agreement ( Leave and License Agreement ) registration possible?
Yes it is possible to build Rent Agreement ( Leave and License Agreement ) draft online. Visit www.esevapune.in to register the agreement Owner , Tenant & 2 Witnesses should Visit the center for biometrics authentication.
Is it possible to execute the Rent Agreement ( Leave and License Agreement ) in absence of owner/landlord??
Yes, If owner is not present at the same time, he/she must sign the Power of Attorney, granting attorney the rights of agreement closure.
Can Tenant fill the online form to initiate Rent Agreement ( Leave and License Agreement )?
Either the owner or the tenant can fill in the required information.
Is witness mandatory?? How many witness are required for the process to register Rent Agreement ( Leave and License Agreement )?
Yes, 2 witnesses are required who have valid Aadhaar card and should be available at the time of execution of the e-registration.
How many days does it take for the Rent Agreement ( Leave and License Agreement ) agreement to get registered?
After submission it usually takes 2 working days for the document to get registered.
Is online registration of Rent Agreement ( Leave and License Agreement ) possible in Maharashtra??
Online registration of rental agreement is possible in Maharashtra.
Doorstep registration Service available to register Rent Agreement ( Leave and License Agreement )?
Once the appointment for registration is scheduled. Our team Can visit your home on the scheduled day and the biometric registration can be done at home where the owner, tenant and two witnesses will be available in same place.This service is available on all days of the week and can be availed on Sundays too! with the additional visit charges.