Formed in 1966 by breaking away from former Punjab, the Green Land of India, Haryana is often praised as the most fertile state in India. Though Haryana still shares its capital with Punjab, it is a world apart with its lush greenery and abundant wildlife. All of this has never deterred the state from becoming one of the popular locations for development and massive residential avenues around NCR.
For those of you planning to take up a place for rent in Gurgaon or rest of Haryana, this page will prove to be a lifesaver. We’ll briefly discuss the know-hows of creating and registering a rental agreement in the state of Haryana.
The conventional way to draft a rental agreement would be to approach a lawyer and telling him your requirements. The lawyer would then prepare a rough draft including details of parties involved and the property up for rent. Clauses requested by both parties would be included in the draft and the final version will be reviewed by both Tenant and Landlord. If found satisfactory, the deed is then printed on stamp paper of due value and the parties involved will place their signatures along with signatures of two witnesses. The document is then registered at the local Sub-Registrar office.
You can also use Online Rental Agreement Service to draft it yourself and get it delivered
Like in every state, Haryana too has its set of rules on the value of Stamp duty to be paid to the state. For rental agreements, the Stamp duty is –
No emphasis is needed on the importance of paying the appropriate Stamp Duty. In case a dispute arises and Court finds out that the required Stamp Duty was not paid, parties involved may have to pay up to ten times the value of normal Stamp Duty.
e-Stamping in Haryana – e-Stamping is a fairly new concept in Haryana. It was introduced recently, March 2015 to be precise. This e-stamping system is yet to replace the conventional stamp papers sold by treasury /banks. This e-stamping system is run by the State Govt. and is different from the one operated by Stock Holding Corporation of India (SHCIL).
Currently, the traditional stamp papers are going to be more widely available than their electronic counterparts.
Handling legal matters can be tedious, more so if they were done in a botched up manner. Registering a document with the local Registrar office provides you the following benefits.
Like in most states in India, Haryana too has three types of rental agreements.
No matter how much you trust your tenant/ owner, omitting important clauses in your rental agreement is like leaving a ticking bomb unattended. Here’s a list of clauses you must never forget to include in your rental deed.
Many a things are overlooked by both tenants and landlords while entering into a rental agreement. Most often, they result in all kinds of epic disputes and unpleasant scenarios. To avoid most of them, here’s what you need to pay attention to.
Security Deposit – Security deposit is usually collected in advance is a sum that is refundable. It is usually returned to the tenant while he/she vacates the premises and hands over the keys. The norm in Haryana is collect 2-3 months of rent as security deposit all though some landlords may ask for more. The trend varies from city to city. Big cities like Chandigarh, Faridabad, Gurgaon etc may demand higher amounts. Smaller amounts may be charged in cities like Panipat or Yamunanagar.
Token Advance – This is a fully refundable amount collected from the Tenant before the contract is even created. The idea is to book the property for the Tenant and thereby prevent the Landlord from letting other potential tenants developing an interest in the
LegalDesk offers excellent pre-drafted, lawyer verified, ready to use rental agreements which can be accessed from anywhere in the world. You can simply log on to our website and create one in a matter of minutes.
To create a rental agreement with us –
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