You can conclude the retroactive agreement of July 2019 as stamp paper is from July 2019, if so, how many months of return date is valid…. I think its allowable sum says 1 month, the sum says 3.pls clarify?… – Yes, a restrospective agreement can be made legally. Token Advance – Normally, there is a system in Karnataka to pay a symbolic prepayment of the payment of the total deposit amount. This is done to block the house by the tenant, so that the landlord does not give the house to another person. But there are a lot of discrepancies in this one. Many people don`t take a receipt while paying tokens. You should always provide proof of all payments made in the case of a rental transaction, either by cheque, DD or online transfer, etc. If the payment is made in cash, ask the owner to send you an SMS or receive it in writing. No no. The agreement is executed from that date.
It may be mentioned that the lease is effective from that date and will apply to that period or up to that date. Karnataka was one of the first states to implement e-stamping and is still considered one of the states where e-mail papers have almost entirely replaced traditional stamp papers. They are readily available, usually by cooperative banks and are issued in a variety of securities. Yes, you can write a rental agreement, but before that, an oral contract must have taken place and the deed can therefore be executed or executed in writing from the date of the stamp or after. The one-day flat rent would also be eligible for the HRA exemption. Moving to Karnataka is a wonderful experience. The wide choice of sights and excellent climate is an added beauty in this state. It is growing rapidly in the information technology sector, which is rapidly creating many job opportunities. This has led more people to move to Karnataka, especially in cities such as Bangalore, Mysore, Belgaum and Mangalore, to look for work. As a result, the demand for rental housing has increased significantly. But although the city has a place for everyone, you absolutely need to know how the rental is followed in this city. Finding a place to rent for a comfortable stay is really a tedious and time-consuming and energy-consuming task.
In Karnataka, rent and rent are controlled by the Karnataka Rent Control Act, 2001.