Is NoBroker rental agreement valid?

According to Registration Act 1908, registration of rent agreement is compulsory. If you are using a notarized rent agreement then the registration is not required. But in case of a registered rent agreement the document is only valid after paying the stamp duty and has been registered at the registrar office.

Is NoBroker plan good?

Recently I had purchased Paid Plan from NoBroker and the service is excellent. I got the tenant within one week. Relationship Manager (RM) Shubham Rai was excellent. He got all the details of the house, spoke to many tenants and shortlisted.

Who will prepare the rental agreement?

Typically, a rent agreement is drafted by a real estate agent hired by the landlord and the tenant. To authenticate the agreement, both the landlord and the tenant ought to sign the agreement in the presence of two people who are non-beneficiaries of the property and will sign on the agreement as witnesses.

Can rent agreement be made online?

One can create the rental agreement online on Housing.com. It is completely hassle-free and an online rental agreement is created instantly just by filling in the required information. Once the online rental agreement is created, it is mailed to both the parties, i.e. landlord and tenant for getting it signed.

Does NoBroker refund money?

We have initiated a refund of Rs. 7668 for your MoneyBack Plan. Your refund will appear on your account within 7-10 working days.

Is it possible to make rent agreement online?

Is online rent agreement possible?

Yes, an online rent agreement is legal and valid if: The agreement has been drafted with the mutual consent of the tenant and the landlord. It has been digitally signed by both parties or printed and then signed. It is printed on a stamp paper of appropriate value or has an e-stamp affixed at its beginning.

Is online rent agreement valid?

Online rental agreements that are executed on E-stamp paper and signed by both the parties, are legally valid documents.