Value Of Notary Rent Agreement

As soon as you create your lease, make sure that it will be verified by both parties. Then, continue to save your document. Do not confuse registration with certification, as the two are two different actions. Project: Log in to LegalDocs.co.in and answer a few simple questions to start establishing a notarized rental agreement by filing details about the owner, tenant, and property. Your draft lease agreement is automatically ready. Certification generally involves the verification and attribution of a seal of authenticity to a document. This is done by a notary appointed under the Notaries Act. The procedures for both are governed by different laws and can therefore be considered as two totally different procedures. After examining the deed and the parts, the notary puts his seal on the document. The main task of a notary is to verify the parties and he is not required to examine all the conditions set out in the agreement. In a corrigendum of 19 June 2015 issued by the Ministry of Foreign Affairs of the Government of India, it is stated that a lease agreement duly registered in 1908 in accordance with the provisions of Section 17 of the Registration Act and executed by the lessor for the benefit of the tenant can only be accepted as a valid document for proof of address when applying for a passport. As provided for in section 107 of the Transfer of Ownership Act, a lease with a term of one year or more may only be concluded through a duly registered lease.

It is imperative that all leases for a period of more than 11 months be registered. . . .