
DizzyNarwhal
Query around rental agreement
We are planning to rent an apartment but we want to rent it for minimum 3 years to avoid hassle. So planning to have a minimum 3 years agreement. So two queries around it:
- What should be yearly %increase in rent advisable
- Even for longer term agreement, owner can give 2 months notice for vacating. So how do we protect against it
Thanks
12mo ago
Talking product sense with Ridhi
9 min AI interview5 questions

BubblyNugget
Stealth12mo
5-10% in hyd

FuzzyUnicorn
Stealth12mo
5% is the standard increase. And 1-2 months of the standard notice period on the agreement but it depends on the owner- tenant relationship by and large.

GoofyMochi
Angel One12mo
Are you ready to pay stamp duty?
If rent agreement is of more than 11 months then you will need to pay stamp duty.
Discover more
Curated from across