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Can we have a rental agreement for 5 months?

                Yes, can have a rental agreement for 5 months. A rental agreement can be prepared to minimum of 1 day to maximum of 99 years. Any duration of a rental agreement should pay the required stamp duty, which is even 1 day or maximum to 99 years. In Karnataka, For 5 months rental agreement, you may use Rs. 100/- non-judicial e-stamp paper. E-stamp paper is available at your nearest co-operative bank, court, or register office. No need to register a rental agreement. Registration is mandatory for the agreement duration of more than 11 months. Generally, an agreement is registered at respective sub-register office. You may notarize the rental agreement from notary public, this helps you better legal stand and use the agreement as your local address proof. In Karnataka, we provide rental agreement service, our service includes agreement execution + notary + home delivered in 2 working days. Same day express delivery available. To opt for ou...

How do I change the name in the Bangalore (BBMP) property tax records/receipts?

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  Apply for Khata transfer to change the name in BBMP property tax record. Here I will explain the step by step procedure with supporting documents that how I change my name in property tax record. Step 1:  We bought a resale property on 13th April 2016 from Mr. Faraz Rauf (seller) to Mr Manish Singh (buyer). Below sale deed image for your reference. Step 2:  As of 2019 -2020, Previous owner name that Mr. Faraz Rauf (seller) name reflects in tax paid receipt and BBMP record. Below property tax receipt image with name circled for your reference, Step 3:  on 22nd June 2020, we applied for khata transfer. Below acknowledgment receipt form BBMP, for your reference. Step 4:  On 24th Aug 2020, we received SMS from BBMP that our Khata application was approved and proceed with khata transfer fee. We paid the khata transfer fee at Bangaloreone center on 28th Aug 2020. Below payment receipt for your reference. Step 5:  On the same day of bill payment that is on 28th ...

What should I do if someone backed out from taking my rented flat at the end moment? The flat is in Bangalore and I have the token amount with me.

  Token advance is one of the ways to freeze deal. A promissory payment In question, you haven’t specified the figure of token advance and duration of time between token amount receipt and promised date of possession by tenant. We presume that you received the token advance of less than one-month rent and time duration pro-rates the token advance. For example,  Finalised rent is Rs.20K per month. You received the token advance of Rs. 10K on 1st day of month and promised possession date is 15th of month. If you haven’t heard anything from tenant even after the 15th day of month. On the goodwill gesture, call and check the status from tenant. If the deal is called-off by tenant, you could restore the token advance for incurring collateral damage of rental loss. Which is Rs. 10K for 15 days and Rs. 20K for 30 days. (On pro-rated) Your loss is not just limited to15 days of tenant possession. you may lose rent for another 15–30 days till you find another replacement. We provide ten...

Who provides tenant move-in and move-out inspection services in Bangalore?

  PGN Property management provides tenant move-in & move-out inspection service in Bangalore. Generally, we inspect the following things for onboard and exit of a tenant. Apart from below, we add up if any special requirement to be checked. Living & Dining Hall: Main door light Calling bell Ceiling fan with regulator Tubelight with holder Wall lights Ceiling lights Wall cabinet Curtain rods Balcony light Socket Doors (Henges/handle/stopper) Balcony window lock — Mesh door Main door key Balcony door key Letterbox key Common Bathroom: Geyser with brand name & Litre Exhaust fan Wall & ceiling lights Washbasin Mirror Towel rod & Ring Shower curtain & Rod Soap Stand Taps Wall mixer Shower Health faucet (Flow) Toilet bowl Flush Tank Woodwork for bathroom Kitchen & Utility area Cylinder Wall light (Tubelight/ bulb) Woodwork Hob Chimney Exhaust fan Taps in kitchen & utility area Drainage (Washbasin) Extra slab & sink kitchen & utility area balcony li...