What is a Rental Agreement?
It’s a legal contract of the rental between a landlord and a tenant. It states the guidelines for temporary possession of the property. This agreement differs from a lease, which is for a fixed term.
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Tips for NRIs to Rent Property
Non-residents of India pass sleepless night if they own property or land in India. Its maintenance gives rise to unlimited worries which abandon their sleep. The leading query that frequently catches countless NRIs its prey is tenant management. Lending a house is quite easy but keeping a watch over tenants time to time is the toughest for all. Why is it so? Against this question of yours, I have some major reasons which drag NRIs to complexities and dilemmas if they hire a tenant:
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