Registered Tenancy Agreement Benefits in Maharashtra

Maharashtra Register Tenancy Agreement Registration-

 Registering a rent agreement in Maharashtra brings many benefits to both landlords and tenants.

 Some of the benefits are as follows:

  1. Legal Validity: A registered tenancy agreement is legally valid and recognized by law.  It helps both landlords and tenants to protect their interests in case of any legal disputes.

 2.  Easy to enforce: A registered tenancy agreement makes it easy to take any legal action in case of breach of contract.  Can be used as evidence in court if necessary.

 3. Protection of house and property of landlord: A registered tenancy agreement ensures protection of property of house and landlord.  It may include clauses such as restrictions on misuse of assets.

 4.  Fixed rent and duration: A registered rental agreement includes a fixed rent and duration of the agreement, which prevents any disputes between the landlord and the tenant.

 5.Ease of Police Verification: A registered tenancy agreement makes it easier to police the tenant.  This is important for the safety of landlords and building societies.

 6.  Proof of Address: Tenant can use the registered rent agreement Passport Office Income Tax Office for scholarship in college and the same is considered officially.

  To register a tenancy agreement in Maharashtra, both the landlord and the tenant need not visit the Deputy Registrar's office.  They need to carry proof of identity, Aadhaar card as proof of address and two witnesses with copies of Aadhaar card.  They also have to pay registration fee, stamp duty and any other applicable charges.  Once the tenancy agreement is registered, both parties should keep a copy of it for their records.