Understand the online notarised rent agreement procedure in Bangalore and the required documents from our experts at Vakilsearch!
Online notarised agreements are legal contracts that have been signed and notarised using digital methods. They offer the same legal standing as traditional notarised agreements but provide a convenient and efficient way to complete the notarisation process. The process of notarising an agreement online involves using a web-based platform, video conferencing, and electronic signature technology to complete the notarisation remotely. The notary public can verify the identities of the signatories, witness their signatures, and stamp the document with a digital notary seal. This process provides a secure and convenient way to notarise agreements, making it ideal for individuals and businesses that need to complete the process quickly and from a distance.
Notarised Online Rent Agreement in Bangalore
Online notarised rent agreements are a convenient and secure way to execute a rent agreement in Bangalore. The process involves the creation of an electronic document, which is then signed by the parties involved and notarised by an authorised notary public. The notary public uses e-signature and video conferencing technology to verify the identity of the parties and authenticate the agreement.
The online process is fast, secure and efficient, and eliminates the need for physical meetings between the parties. It also reduces the risk of fraudulent activities, as the notary public can verify the identity of the parties through video conferencing.
To create an online notarised rent agreement in Bangalore, you can use an online platform that provides this service. You’ll need to provide basic information about the property and the parties involved, and the platform will generate a draft agreement for your review. Once you’ve reviewed and approved the agreement, you can sign it electronically and the notary public will use video conferencing to verify your identity and authenticate the agreement.
It’s important to ensure that the online platform you use is trusted and secure and that the notary public is authorised by the Indian government to perform e-notarisations. You should also ensure that the agreement complies with the applicable laws and regulations in Bangalore.
Process of Online Notarising Agreements
- Select an Online Notarising Provider: You can select an online notarising service based on which best suits your needs.
- Draft Your Agreement: Go over the document to make sure all necessary components are included.
- Draft the Notarial Certificate: This document, which will be attached to the agreement, must be notarised.
- Deliver the Contract and Certificate to the Notary Public: Uploading the contract and the notarial certificate requires following the notarising service’s instructions.
- Reviewing: Review the Contract and Certificate to ensure that all information is correct and that all required signatures are included.
- Digitally notarise the Agreement and Certificate: The Agreement and Certificate will be digitally notarised by the notarising service.
- Sign the Agreement: The agreement must be signed by both parties, whether in person or online.
- Obtain the Notarised Agreement: Both parties will receive an email with the Notarised Agreement.
Documents Required for Notarising Rent Agreement
The specific documents required for notarising a rent agreement can vary depending on the jurisdiction, the type of agreement, and the parties involved. However, some common requirements for notarising a rent agreement include:
Rent Agreement: A draft of the rent agreement, which outlines the terms and conditions agreed upon by the parties involved.
ID Proofs of the parties: Government-issued photo ID proofs such as Aadhar card, PAN card, passport, driving license, etc., of the landlord and tenant.
Address Proofs of the parties: Documentary evidence of the current residential address of the landlord and tenant, such as a utility bill, bank statement, or ration card.
Property Documents: Documents related to the property being rented, such as the property’s title deeds, tax receipts, or property tax receipts.
Proof of Ownership: Documentary evidence of the landlord’s ownership of the property, such as a sale deed, power of attorney, or a certificate of inheritance.
Stamp Paper: The rent agreement must be executed on non-judicial stamp paper of the correct value as per the applicable stamp duty laws.
Advantages of Notarised Agreements:
Legally Binding: Notarised agreements are legally binding and enforceable in a court of law. They provide evidence of the terms and conditions agreed upon by the parties involved.
Authentication: The notary public verifies the identity of the parties involved, ensuring that the parties signing the agreement are who they claim to be. This reduces the risk of fraud and identity theft.
Evidence: Notarised agreements serve as evidence of the transaction, providing a clear record of the terms and conditions agreed upon.
Convenience: Notarised agreements can be executed from any location, as long as the parties involved have access to a notary public. This eliminates the need for physical meetings between the parties.
Time-Saving: Notarised agreements are typically processed faster than traditional agreements, as the notary public can authenticate the agreement quickly and efficiently.
Charges for Notarised Agreements
The charges for notarising an agreement vary depending on the location, the type of agreement, and the services provided by the notary public. In India, the charges for notarising an agreement typically range from ₹200 to ₹1000. The exact charges will depend on the notary public and the services provided.
It’s important to note that in addition to the charges for notarising the agreement, you may also need to pay other fees, such as stamp duty and registration fees, if applicable. You should consider these costs when budgeting for a notarised agreement.
To conclude, notarising a rent agreement in Bangalore is easier when done online. It is always advisable to contact a legal expert to know the process better and we at Vakilsearch can provide the necessary guidance.
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