Landlords and tenants benefit: Government plans simplified, affordable rent agreement process

Rent agreement: In view of all the hassles and problems in getting a Rent Agreement made, the Yogi Adityanath government of Uttar Pradesh is now going to make special preparations. The Stamp and Registration Department is preparing to make this process online.

Soon a portal will be created to make the process of rent agreement easier. There will be a proforma of rent agreement on this portal. In such a situation, its registration process will become very easy for landlords and tenants.

Know what to do

After the portal is ready, the landlord and the tenant will be able to register the rent agreement themselves. For this, the proforma available on the concerned portal will have to be filled. In this proforma, the landlord and the tenant will have to fill all their information themselves. Also, the necessary certificates will have to be uploaded. After this process, the rent agreement will be registered online. The process of depositing the fee will also be online.

Trial will be done in 4 cities

Also Read : EPFO Early Pension Rule: Can you get pension even before retirement? What does the rule say

As a pilot project, the trial of this system will first be done in Lucknow, Prayagraj, Varanasi and Meerut. If this trial is successful, then this system will be implemented in the entire state. It is being told that if everything goes well, the Stamp and Registration Department can start the online process of rent agreement from next month.

Planning to reduce fees

The government is preparing to simplify the process of rent agreement and also make it cheaper. Till now, a fee of 2 percent is charged on rent agreement. This fee can be reduced to 1 to 1.5 percent of the rent. Let us tell you that in the current system, any landlord or tenant has to go to the court and get the agreement made on a stamp paper of Rs 100 and after this there is a separate registration process. In this process, more money is spent and time is also wasted. With the online process, people will get relief from all the hassles.