As more and more transactions move online, it`s no surprise that the government of Maharashtra and the Notary government of India have also moved towards digitizing their services. One such service is the online leave and license agreement, which has made the process of renting a property in Maharashtra much simpler and hassle-free.
So, what exactly is a leave and license agreement? It is a legal document that defines the terms and conditions between a landlord and a tenant. The document outlines the duration of the lease, rent to be paid, security deposit, and other details related to the property.
Traditionally, leave and license agreements were executed on non-judicial stamp paper, and the process was time-consuming and cumbersome. With the advent of technology, the Maharashtra government launched an online portal for creating and registering leave and license agreements. This has significantly simplified the process and has made it more accessible.
To create an online leave and license agreement, all you need to do is visit the official portal of the Maharashtra government, and register yourself. Once you have registered, provide your details, and upload the necessary documents such as ID proof, property details, and tenant details.
The portal uses advanced technology to verify the documents and information provided, ensuring that the agreements are legally valid and enforceable. And the best part? You can create an agreement from the comfort of your home, without the need for a physical visit to a government office.
The online leave and license agreement is also more cost-effective than the traditional method. You only need to pay a nominal registration fee, which is much lower than the cost of non-judicial stamp papers.
Another significant advantage of the online leave and license agreement is that it can be e-registered with the Notary government of India, ensuring that it is tamper-proof and legally binding. The e-registration also eliminates the need for physical documents, reducing the chances of fraud or forgery.
In conclusion, the online leave and license agreement offered by the government of Maharashtra and the Notary government of India is a significant step towards digitization and ease of doing business. It has made renting a property in Maharashtra much simpler, cheaper, and more accessible. So, next time you need to create a leave and license agreement, make sure to take advantage of this online service.