Thursday, August 18, 2022

Why rent agreements are mostly made for 11 months only?

With large-scale migration of people for better opportunities, most of us have either lived on rent or given house on rent. Living on rent means signing a rent agreement with the landlord for a specified time. A rent agreement is a contract encapsulating the terms and conditions on which a property is leased out to a tenant. This includes the terms and clauses related to monthly rent, usage of the property, security deposit, tenure, among other things.

from Personal Finance News-Wealth-Economic Times https://ift.tt/xMIv4Bq

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