[Rental Agreement]

[Expertaman2315]

E

Expertaman2315
PARTICIPANT
May 2, 2025 at 4:57 am

I stay in Banglore and have been planing to shift to a new house.
Today the owner mentioned the property is on his wife’s name and I will be signing a contract with her.
But she does not have a PAN Card so I can’t claim HRA or anything of that sorts.

Also he’s asking to pay deposit and rent in cash???
I am not sure if this is a legal and valid rent agreement. What are the requirements in Karnataka for a contract to be valid? I am afraid he will sign an invalid contract and make troubles later

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[Calmkalyani5604]

C

Calmkalyani5604
PARTICIPANT
May 2, 2025 at 4:58 am

Why you will need hra in new regime?

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[Expertaman2315]

E

Expertaman2315
OP
May 2, 2025 at 5:04 am

I just want the contract to be legit, if I am claiming HRA it will make sure she is earning some money, but if I pay in cash there is no proof of me paying the money or them earning any!

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[Calmkalyani5604]

C

Calmkalyani5604
PARTICIPANT
May 2, 2025 at 5:11 am

It is totally cash deal. If you are not ok then dont rent because she doesn’t have pan or they are not willing to give.

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[Gopalguy337]

G

Gopalguy337
PARTICIPANT
May 2, 2025 at 5:14 am

Find a new property, not worth the hassles

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[Niharikarider869]

N

Niharikarider869
PARTICIPANT
May 2, 2025 at 5:16 am

Paying rent as cash is not illegal. Claiming HRA from your employer does not need owner PAN. You need it only to claim tax deduction, which is not possible under new regime.

Get a rent receipt signed every month when you pay cash. Add this a clause in the agreement that rent receipt will be signed by the owner every month. 

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[Desishark6045]

D

Desishark6045
PARTICIPANT
May 2, 2025 at 7:56 am

Deposit paid and that rent is going to be paid in cash has to be mentioned in the agreement. There should be reciepts for deposit paid and rent paid.

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[Luckynaman8382]

L

Luckynaman8382
PARTICIPANT
May 2, 2025 at 3:11 pm

Take a stamp paper by paying stamp duty on the security deposit, make sure of the agreement is for more than 1 year get it registered

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