Rent agreement is the fundamental document meant to establish a transparent and mutually-responsible relationship between a landlord and a tenant. It sets out the mutually agreed terms and conditions between both the parties and also point out their obligations and responsibilities.

That is why it is highly important that rent agreement should contain all the necessary details about the transaction and not miss out on any element. Here is a quick checklist about the subjects a rent agreement must cover:

Both the parties-tenant and landlord, must check all the clauses mentioned in the document before signing. It is a good practice to first share the draft agreement with each other before going for printing. Once, you check and understand the details and terms and conditions mentioned in the document, it can be signed off.

The Registration Act makes it mandatory to register a rent agreement with tenancy duration exceeding 11 months. The state of Karnataka has ascertained the following stamp duty charges towards rent agreement .