Rental documentation
srinivasan
(Querist) 15 April 2015
This query is : Resolved
While making Rental agreement, does we need follow rent increment by system or owners wishes and tenant agrees for highger portion while comparing earlier agreement?
Both are accepting the increment agreed amount. Is is require to comply system wise procedure.
M.Sheik Mohammed Ali
(Expert) 15 April 2015
every year you renewal of rental agreement you can mentioned your hike of rental amount, no need any separate procedure.
M/s. Y-not legal services
(Expert) 16 April 2015
thats not mandatory.. but you can not act against the content of your agreement..
Dr J C Vashista
(Expert) 16 April 2015
It is optional.
However, it is not a fit query for reply.