When you rent a property in India, you sign a rental agreement with the landlord or the property owner. This agreement is a legal document that outlines the terms and conditions of the rental agreement and serves as proof of the lease agreement between the tenant and the landlord. So, who keeps the original rental agreement India?
The simple answer is that both the tenant and the landlord should keep a copy of the original rental agreement. The rental agreement is an important document that serves as proof of the terms and conditions of the tenancy. It can also be used as evidence in case of any disputes in the future. So, it`s essential that both parties have a copy of the agreement.
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The landlord generally prepares the rental agreement, and both parties sign it. Once the agreement is signed, it becomes a legal document. The tenant should ensure that they receive a signed copy of the agreement from the landlord. This copy should be kept in a safe place and easily accessible.
The landlord should also keep a copy of the agreement, preferably in a digital format. This ensures that they can access it easily and quickly when needed. It`s important that the landlord keeps a copy of the agreement as it outlines the terms and conditions of the tenancy and serves as proof of the agreement between the tenant and the landlord.
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In case of any disputes or legal issues related to the tenancy, both parties can refer to the rental agreement to resolve the matter. If one party does not have a copy of the agreement, it can be challenging to resolve the issue satisfactorily.
In conclusion, both the tenant and the landlord should keep a copy of the original rental agreement India. It`s a legal document that outlines the terms and conditions of the tenancy and serves as proof of the agreement between the parties. The agreement should be kept in a safe place and easily accessible to both parties. By keeping a copy of the agreement, both parties can resolve any disputes or legal issues related to the tenancy quickly and efficiently.
Source: https://t-tees.com
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