No, there is no need to notarize a PG agreement. As long as the agreement is concluded on a stamp document of a necessary value, the document is deemed valid. 1.What will happen if there is no P.G. agreement? If I make for a single person a notarized agreement on the stamp document of rs.100 / – The duration of the stay is 6 months and the monthly rent is Rs.2600 / – per month. I take two months` rent in advance without deposit and after 2 months, if he wants to stay, I take back the next rent 2 months in advance. Will this notarized agreement on the rs.100 / stamp document – be applicable in court in case of legal problem with the paying customer? Or will the court ask for an agreement on the rs.500/- stamp document? As a tenant, you can rent a separate apartment or a separate part of the house. And the landlord cannot enter these premises without obtaining permission from the tenant. On the other hand, a paying customer stays on the owner`s premises and can share many common facilities with him. Now that a paying customer is not a tenant, he/she cannot enjoy all the privileges granted to a tenant under the law. But the government has also taken special precautions for paying customers. It`s up to you. If you want to register it in tehsil or sdm Office, you must pay a stamp duty of about 4 to 6% of the rental amount depending on the period of the agreement, plus 1% for the registration fee. And if you don`t want to sign up, you can make the deal on 100rs stamp paper and be notarized.
Paid accommodation is becoming a preferred choice among students and young employees. It is per month or two months or how long it lasts. In my opinion, it may be on 100/ stamp paper – Given that paid housing in cities is becoming a trend, there is a good chance that newcomers to the city will be led to pay huge deposits and fees for different facilities and, ultimately, not keep the owner`s promises. A person residing on the owner`s premises in the same house, who enjoys all the benefits of the house as a guest and who pays for facilities such as food, laundry, bed, etc. to the owner. A paying customer is not a tenant and therefore does not benefit from the legal privileges of a tenant. As a precautionary and safety measure, it is recommended that anyone who intends to go to accommodation for paying guests prepares above all an agreement with the owner with clear conditions.
