Executed when premises are being rented or leased. Executed on a non-judicial stamp paper and mandatorily registered if the rent period exceeds 11 months.It sets-out clearly how much the rent is, when it is due, who is responsible for repairs etc. You can view rent agreement format below.Executing a lease agreement is the most important step in renting a property. The lease helps to set expectations for the tenants and answers a lot of questions that may come up during the rental term.
