As per the new guidelines issued by the government, it is now mandatory to provide your Aadhaar card when entering into a rent agreement. This is to ensure that the tenant`s identity can be verified, and there is no fraudulent activity involved. If you are looking to enter into a rent agreement and are wondering about the format, here`s what you need to know.
The rent agreement format for Aadhaar card is similar to a regular rent agreement, with the addition of a section for Aadhaar card details. The following details must be included in the agreement:
1. Parties to the Agreement: This section should include the name of the landlord, tenant(s), and any other person who is a party to the agreement.
2. Property Details: This section should include the full address of the property, along with the details of the premises being rented out.
3. Rent Details: This section should include the rent amount, due date, and the mode of payment. It should also include any security deposit amount, along with the terms and conditions for its refund.
4. Duration of the Agreement: This section should mention the start and end date of the rent agreement, along with the notice period required for termination of the agreement.
5. Aadhaar Card Details: This section should include the Aadhaar card number of the tenant(s) and the landlord. It should also include a photocopy of both Aadhaar cards.
Before signing the agreement, both the landlord and tenant(s) should carefully read each section and clarify any doubts. It`s always advisable to have a legal expert review the agreement to ensure that it meets all legal requirements and protects the interests of both parties.
In conclusion, to enter into a rent agreement, it is mandatory to provide Aadhaar card details. The format for the agreement is similar to a regular rent agreement, with the addition of a section for Aadhaar card details. As a tenant, ensure that you have a copy of the signed agreement and all supporting documents for future reference.