Can we make a rental agreement of 33 months on a stamp paper and notarize it?
Yes,
Landlord and tenant can mutually agree to make 33 months rental agreement.
In Karnataka, it’s common to make a rental agreement of more than 11–33 months to retain tenancy for longer duration of time.
On the expiry of tenancy duration, an agreement is mutually renewed for further period or terminated if mutual disagreement.
We suggest you execute a rental agreement on Rs 200 non-judicial e-stamp paper + landlord and tenant should sign at all pages of agreement + two witnesses sign + notarize the agreement.
Since it’s 33 months rental agreement, it’s important to draft a rental agreement that focuses on long-term favour. For example: Fix the rental fee, security deposit, notice periods, renovation cost based on long-term focus.
We don’t like to answer this question based on landlord or tenant perspective which would become a controversial answer instead if you are a tenant, work on fixing less rent and assure the landlord to stay longer. If you are a landlord, work on fixing the rent which cover year-on-year rent appreciation for next 33 months.
In the long-duration rental agreement, it’s important to cover all the necessary terms & conditions and mutually understandable by landlord and tenant. so that tenancy will be durable and termination will be smooth without hassle.
Below mock draft for your reference,
In Karnataka, we provide rental agreement service. Our service includes drafting + exeuction + notary + home delivered in 2 working days. Same-day express delivery available.
To opt for our service, please whatsapp to + 9 1–9 7 4 2 4 7 9 0 2 0.
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