As a rule, the lessor begins the negotiation process by presenting the terms of his lease agreement in writing. The main themes of the rental agreement are the duration of the lease, the amount of the rental and the deposit, the maximum occupancy of the rental and the conditions of subletting, as well as restrictions such as the size or number of pets. All other restrictions should be included in the rental agreement, as well as the rules on parking and the use of common areas. To varying degrees, renting may include purchasing services for different periods, for example.B. staying in a hotel, using a computer in an internet café, or driving in a taxi (some forms of English use the term ”renting” for this activity). Due to the short duration of a rental agreement, they allow much more flexibility when it comes to increasing rents. From a technical point of view, the rent can be revised each month with a lease in order to remain in line with the current market rent, as long as the rent increases comply with local law and the termination clauses that govern the monthly rent. (3) Fixed-term leases are fixed-term leases. They must be in writing. One-year leases are very common.
According to rcW 59.18.210, 12-month leases must be notarized to be valid. Leases also prevent the lessor from increasing the rent or changing the rules of the lease for the limited time. Tenants are required to comply with the terms of the rental agreement for the entire lifetime or must expect penalties. The lease should also contain details about the tenant`s responsibility for repair and maintenance. Most leases are signed for 11 months to avoid stamp duty and other fees. Under the Registration Act 1908, registration of a lease is mandatory if the term of the lease is longer than 12 months. If a contract is registered, stamp duty and registration fees must be paid. For example, in Delhi, the cost of stamp paper for a lease of up to five years is 2% of the total average annual rent for one year.
Add a flat fee of Rs100 if a deposit is part of the agreement. For a lease of more than 5 years but less than 10 years, it is equal to 3% of the value of the average annual rent of a year. . . .