Hello, I’ve been renting out my apartment in Hyderabad since May 2011 and have been receiving rent regularly. Some folks have advised me to formalize things with a rental agreement. I’ve only increased the rent once, by 15%. Now, I’m curious: 1. Can I still sign a rental agreement with my tenant, acting as if it was in place since 2011? 2. What paperwork do I need to prepare for this? I’m not very familiar with this process. Appreciate your guidance. Regards, Prassana Hyderabad

Apni Law
Apni Law
Law Forum › Category: Documentation › Hello, I’ve been renting out my apartment in Hyderabad since May 2011 and have been receiving rent regularly. Some folks have advised me to formalize things with a rental agreement. I’ve only increased the rent once, by 15%.

Now, I’m curious:

1. Can I still sign a rental agreement with my tenant, acting as if it was in place since 2011?
2. What paperwork do I need to prepare for this? I’m not very familiar with this process.

Appreciate your guidance.

Regards,
Prassana
Hyderabad

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Apni Law Staff asked 2 years ago

Hello, I’ve been renting out my apartment in Hyderabad since May 2011 and have been receiving rent regularly. Some folks have advised me to formalize things with a rental agreement. I’ve only increased the rent once, by 15%.

Now, I’m curious:

1. Can I still sign a rental agreement with my tenant, acting as if it was in place since 2011?
2. What paperwork do I need to prepare for this? I’m not very familiar with this process.

Appreciate your guidance.

Regards,
Prassana
Hyderabad

1 Answers
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Best Answer

Apni Law Staff answered 2 years ago

While you can still sign a rental agreement, it won’t retroactively validate the rental arrangement since 2011. The agreement should state the current rent and terms. You’ll need the tenant’s ID proof, your ID proof, and a witness’s signature. It’s advisable to consult a lawyer to draft a comprehensive agreement.

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