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10 Tips To Create Legally Binding Agreements

Have you ever found yourself in a situation where you needed to get something signed by another person but they refused to sign it unless you agreed to certain terms and conditions?

You may be surprised to learn there is a simple way to make sure they cannot back out of the agreement without getting into legal trouble!

When it comes to creating  Legal Documentation like Rental Agreement and Registering Marriage, Married Certificate, there are a few things you need to keep in mind in order to make sure they are binding and enforceable.

This is the most comprehensive guide to creating legally-binding agreements available on the Internet today. Whether you are an attorney or simply someone who needs to execute a few basic Online Rental Agreement this guide is going to change your way of working.

 Here are 10 tips to help you create perfect legal agreements for your business:

1. Make sure the Agreement and e stamp paper online is clear and concise. The language in the agreement should be easy to understand, without any ambiguity.

2. Be specific about what is being agreed to. If there is any room for interpretation, it could lead to legal disputes down the road.

3. Use language that is specific to your business. This will help to avoid any potential legal issues down the road.

4. Have both parties sign the agreement. This will help to ensure that a contract is created and will hold up in court, should it ever come down to that.

5. Have your lawyer look over any contracts before you sign them - even if they are online legal documentation. An independent set of eyes can sometimes be helpful when things get overwhelming.

6. Make your online legal documentation easy to access. This will help solve issues if they ever come up.

7. If an online legal document is breached, having a system in place that helps with the process of notifying the other party can be helpful.

8. Understand online business contracts are legally binding - even if you have online legal documentation. Be certain that you have read the terms and conditions before signing.

9. You do not need a lawyer to create online business contracts, but having one review it in person can help avoid potential issues down the road.

10. Understanding what online business contracts are used for is important when it comes to online legal documentation. This will help you to avoid potential issues.

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Process to Register a Rental Agreement

If you live in a rented property, then you should check all the legal requirements and registrations to be done before moving into a rented space. It is crucial for both the parties involved in the agreement to get a proper registration done. 

Rental agreements are essential when we talk about any kind of rented space. It saves both the parties from any kinds of fraud and deception in the future. Rental agreements are required only for a rent agreement that is meant for more than one year. For any agreement that lasts for 11 months and lesser time, the parties concerned can only get a stamp duty for the same. But if the rental agreement is for one year or more, then it is mandatory to register for a rental agreement. This is one of the reasons why many people sign rent agreements only for 11 months and then renew it. Even though people try to avoid the registration process for a proper rental agreement, it is quite simple to get registered for the same. Let us look at some easy steps you need to follow to register for a rental agreement.

Firstly, the two parties need to decide the     clauses they want to add in the rental agreement. The clauses need to be     decided after both the parties decide the terms and conditions of the rental     agreement. Once this is decided, they should include clauses related to     the security deposit, rent amount and other important things.

After this, you need to print the agreement     on an e stamp paper online of a     certain value.

After the agreement has been printed, both     the parties need to be physically present at a certain place and sign the     stamp paper on which the agreement has been printed. 

Apart from this, both the sides of the     agreement need to present two witnesses each while signing the agreement     and submitting it. The witnesses should not be related to the tenant and     the landowner. 

After signing the Agreement, the     parties need to be present at the sub-registrar office and submit the rental     agreement in the presence of the witnesses from both sides.

Online Rental Agreement is an important document. It saves the pain of going through a fraudulent situation. As a tenant one should always get a rental agreement for a rent period of more than a year. Doqfy provides all kinds of templates for legal documents. You can find over a thousand templates for different Legal Documentation like Rental Agreement and Registering Marriage, Married Certificate. 

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Documents Required for a Trade License

Every business or trade activity that takes place in a land needs to go through various legal stages to become valid and start operations. One of the  most important licenses that a business needs is a trade license. It is crucial to procure a trade license from the designated authorities before starting any trading activity. But what is this license and what are the Legal Documentation  required to obtain this vital license? Let us explore the many sides of this important trade license. 

What is a Trade License?

A trade license is a legal document that a business or a reading company needs to procure before starting any operations. The license grants permission to the business regarding the area of trade. It permits or rejects a business or a trading company from dealing in certain kinds of goods and it also sets the limits of trading in a particular product by a company or a business. It also helps in reaping the benefits of various schemes and plans implemented by the government to promote trade in a country. The trade license is provided by different authorities depending on the area of operation. The municipality or the state government is responsible for generating a trade license

A trade license is not only crucial for the business, but it has many benefits for the consumers, environment and all the parties that are impacted by the operations of a business. It helps the government in keeping a check on illegal business activities. It also helps the consumers to determine whether they are receiving harmless products or not. Apart from this, the government can also hold the business accountable for any kind of pollution and harmful emissions in the environment due to the business. 

A trade license is thus a vital document in maintaining ethics in the business world. It is easy to get a trade license. There is a limit on the eligibility for getting a trade license. An individual who wishes to get a trade license should be:

Free of any past criminal records

Must be above 18 years of age

Should deal in a legal product. 

If an individual fulfill these criterion,     then he/she can obtain a trade license using the following documents:

PAN card of the owner of the business or     trade

A recent municipality property tax payment     receipt

Aadhar card when an individual is involved     in the business

NOC from a neighbor

Lease documents from the property owner in     case of a rented place

Occupancy certificate

Khata certificate

These are the most common documents that one requires to get a trade license in India. It is easy to get templates for any kind of legal documents online these days. Doqfy offers more than a thousand templates for different Online Legal Documentation like trade license and married certificate in a single place. 

For More information about: view encumbrance certificate, how to get encumbrance certificate,  e stamp near me

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What Terms Should Be Included In A Partnership Agreement?

Business partnerships can be complex owing to the scope of business and the number of partners involved. To reduce the risk of liability and penalties and increase the chances of smooth running of the business, it is advisable that you draw a legal and full-proof partnership agreement for your business. The partnership agreement is the Legal Documentation agreement binding the partners of the firm to conduct business in the manner as dictated by the agreement. 

However, every partnership agreement is unique in its own way. The scope and kind of business define the details to be mentioned in the partnership agreement. Nonetheless, it contains clauses about the length of the partnership, percentage of the ownership, division of profit and loss in the business, withdrawal and authority of the partners in the business. 

Here are the terms which should be included in the partnership agreement as per experts

Percentage of ownership

The percentage of ownership refers to the extent of the ownership and capital contribution done by the partners in the firm. Typically the proportion of the capital indicates the extent of ownership in the business. However, in the absence of the clause, the law determines 50-50 partnerships of the partners in the business. 

Division of Profit or Loss

In this clause, the partners decide the proportion of their takeaways from the business as part of their profit or loss. This clause is essential to maintain the balance between the partners and their rights in the profits of the company. It also specifies their liability in case of business loss. You can also include the directive on whether a partner can withdraw the profits from the accounts. 

Length of Partnership

This clause will be necessary owing to the nature of the business. If the partners have entered into the contract to be partners for a specific period of time, they can add this clause to clear things up in the future. The partnership agreement would come to an end automatically with the insertion of this clause.

Decision making and resolution 

The most common reason for the partnership to come to an end is the dispute among the partners. In this clause, you can dictate the procedure to be used when partners have a disagreement. This may be solved by way of voting or checking the balance with the partners. You can also add the procedure by which partners can resolve the issue among them or with business. This can be done by way of using mediation of outside parties. 

Conclusion

If you are thinking of drawing a full-proof Partnership Deed agreement for your business, you can contact us at Doqfy.in. 

We will automate the partnership agreement drafting process for your firm with comprehensive planning. The terms and conditions of the partnership agreement help you to conduct smooth business without the worry of conflicts among the partners. We have a team of professionals who will customize the agreement as per your preference and offer expert advice for the situations to be dealt with in the agreement. 

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How To Register A Private Limited Company Online In India?

Private Limited Company is the best kind of business when you think of starting a business. The liability of the shareholders is limited, and it is the most popular and basic kind of limited company for small businesses. 

Doqfy offers you the most simple and easy way to register your Private Limited Company online with simple steps. We take care of all the legal formalities and help you with the compliances as required by the MCA. On the approval of the process, you will receive a Certificate of Incorporation (COI) along with PAN and TAN for your newly formed company. 

Here is the comprehensive guide for registering a Private Limited Company online in India.

Step 1 Obtain Digital Signature Certificate

The first step to getting the Private Limited Company online registration is to get a digital signature certificate, as you will need to sign all the papers digitally with the MCA for incorporation. DSC is mandatory for all subscribers of the MOA and AOA of the company. 

Step-2 Apply and Obtain Director Identification Number (DIN)

In this step, is it mandatory for the Directors of the company to register themselves and obtain DIN from MCA. To obtain a DIN, you have to apply for the DIN online along with the necessary documents. You can also apply within the SPICe+ form for up to three directors.

Step-3 Name Reservation

For starting a new company, you need name approval from the MCA. This step is to ensure the proposed company name is in alignment with the rules and regulations and does not violate any other company’s rights. You can reserve a name for your company in part A of SPICe+.

Step-4 Form SPICe+ (INC-32)

Recently, MCA introduced the registration portal for the New Private Limited Company. You can fill the form and complete the formalities in Part B of the SPICe+ online Notarized Rent Agreement. On the approval of the name, the user can click on the link in the dashboard and complete the further steps. 

Step- 5 e-MoA(INC-33) and e-AoA (INC-34)

This step is very crucial for the registration of the company. You have to file an electronic AOA and MOA of the company online for the registration process. MOA is the charter of the company, where AOA is the bylaws. You can create eMOA and eAOA and digitally sign with DSC.

Step- 6 PAN and TAN Application

Once you have completed all the steps, you will also be provided with the necessary PAN and TAN forms so that you can generate your PAN and TAN with a single registration platform. Later you can apply for the Current account opening in the blanks for the company's business. 

Get your company registered with the automated process of Doqfy. We successfully register your company with the MCA by completing all the necessary forms and compliances. We are a team of professionals who understand the Online Legal Documentation and Encumbrance Certificate Online process to help businesses in their day-to-day business. Registering your company can be a difficult procedure, but not with the help of the professional Legal Documentation team of Doqfy. 

For More Information:

 E Stamp Paper, Estamping online and franking , Rental Agreement

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What are NDAs: Guide and their Usage?

Non-disclosure Agreements are the way for businesses to keep a lid over sensitive and competitive business ideas to maintain a competitive edge. Many companies would like to draw NDA for the transactions with the outside parties to keep the innovative ideas and profitable product secrets to themselves. 

Basically, NDA is drawn between the parties who agree to share the information within the contracting parties in order to help each other. However, either party will refrain from sharing the business information outside the contract. 

A Non-disclosure Agreement (NDA) is a legal document for businesses that want to keep their business secrets safe from competition. Other names for the documents are confidentiality Agreements or adding confidentiality clauses in the larger document.

Why do you need an NDA?

If you are building a business or you are a startup, you might want to keep certain information about your business from your competition. Here are some business assets which owners want to protect with the help of NDA. 

Intellectual Property

When you are developing some intellectual properties like patents, formulas, secret recipes, or programming codes, you might want your employees and consultants to sign NDA with you so that they do not share the information with someone outside the business. NDA can protect you from a prospective profitable business.

Proprietary Information and Trade Secrets

Businesses have trade secrets and information that keeps them ahead of the competition. They can be your suppliers, your prodigy development method, your marketing team, or your research data. To keep the business uplifting and to run, the business owners protect these trade secrets by signing an NDA with the involved party. The most important reason to sign an NDA is to protect your company from potential loss due to disclosure of the secrets to your competition. 

How does NDA Work?

Having NDA drawn up ensures that your business secrets are not spilled to your potential competitors, creditors, and investors. The written and  Online Legal Documentation and Encumbrance Certificate Online binding NDA enforces the signing parties to keep the secrets and also mentions the extent of liability in case of a breach. 

The clause in the NDA should specifically include the business assets for the protection of which this agreement is drawn. In the absence of a proper NDA, the business could lose its business assets to its competitors. 

Types of Non-disclosure Agreement

The content of the NDA is mostly unique since it is drawn according to the business asset and details. However, in general, there are two types of NDA drawn in the business- unilateral and mutual.

Unilateral NDA

Unilateral NDA means an Notarized Rent Agreement whereby one party agrees to the terms of the agreement as directed. For example, an employee signs an NDA, which prohibits him from keeping the information to himself.

Mutual NDA

While mutual NDA is signed where both the contracting parties agree to keep the business proprietary details as a secret for the business profits. 

Conclusion

In order to protect sensitive and confidential information, non-disclosure agreements are an important legal framework. Doqfy automates the NDA and  Legal Documentation drafting process professionally for all kinds of business. 

For More Information:

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5 Things To Make Sure Before Signing A Contract

Suppose you are about to sign a contract, whether it is related to the property, new purchase, job, or legal matters. Contracts can be very tricky. They have ample grey areas, which can cause problems for you. Hence, we should be very careful once you sign a contract. 

In this blog, we have listed 5 recommendations, and stay alert when you are signing a contract with any party. 

Read to the detail

When you are reading the contract, you must pay attention to the details. There can be clauses and wording in the draft that may create Online Legal Documentation and Encumbrance Certificate Online obligations for you. A detailed reading of the contract is necessary to keep the problem at bay. You can also consult with your lawyer or use the consultation of a professional. 

Do not avoid confusion.

When you read the contract, you must be sure that all the clauses and wording in the draft are correct and point towards your understanding. However, it is always advisable that you understand everything you read. Even in case of slight confusion, avoid signing the contract. You can delay the signing of the contract and discuss the point with your lawyer or another party of the contract. In addition, delaying your signature until you fully understand the contract will benefit your negotiations and may lead to additional benefits. You can also perform a detailed history check during the delay period, which can reveal important details that can be helpful to you.

Seek professional advice

The contract can be very confusing and can be tricky if not drafted by your lawyers. You can take help from professionals who have ideas about contract drafting and drawing. They will help you understand the clauses and also find hidden things in the contract that may result in liability for you. 

Know your Rights and Duties

A legal contract is all about rights and duties. With clarity and being part of the contract, you must know your rights and duties, and all the clauses mentioned in the contract should be within the ambit of the Legal Documentation scenario. Although, if you don't read the contract with precision and care, you can end up having problems. 

Get everything in writing.

When you are drawing contracts, get everything in writing. Do not rely on oral promises. The whole point of having a contract is to have legal and written binding on the deal. The contract should be properly executed and legalized with the regulations of the country. 

Conclusion

Many think that contacts are just formality. However, they are legally binding on the parties who have signed it. Once you sign the contract, you are committed to the terms and conditions. You can keep the above-mentioned points when you are signing a contract. 

Although we also add that you should keep a copy of the contract with yourself for your future reference. Do not hesitate to ask for professional help. Also, a reminder "ignorance of the law excuses no one”; hence you should be alert before you sign a contract. 

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Difference between Lease and Rental Agreement

For the layman, the lease and rental agreement may seem the same. However, there is a subtle difference between the two. The lease and rent agreement can be the same in the basic sense, but the difference between the both is very legal and logical. 

Lease Vs. Rental

 The basic difference between the lease and Notarized Rent Agreement terminology is the time period they cover. The lease agreement covers a longer period of time, supposedly 15-30years, whereas the rental agreement covers a shorter period of time, like 30 days. When the lease period is completed, it can be extended to a month-to-month Online Rental Agreement. 

 Similarities of leasing and  Rental Agreement

 The common factors of the leasing and renting are-

They are specific to the time period

It includes a clause for the security period     and how it can be used by the landlord.

They specify utility and maintenance costs and     how the tenant is responsible for damages and maintenance.

They also list down the restrictions and     limitations of access to places and services by the tenant to avoid any     argument.

 It is always advisable to closely understand the terms and conditions before signing them. 

Difference between Leasing and Renting

 To understand the difference between the leasing and rental agreement, let's see the pros and cons of the two.

Pros of leasing

 Rent control- the lease agreement is made for a longer period of time without any clause for an increment of rent. You can renew the lease rent without any change in the lease amount. 

 Stability- lease agreement gives a sense of stability to the user of the lease agreement. It can be entered in between the parties who know and trust each other for such a long period of time.

Cons of Leasing

 Not flexible- since the changes are not an art of the lease agreement, they are not flexible. The renewal may be easy and at the same rate, but you cannot revise the Legal Documentation  or terms of the lease as per the requirement. 

 Harder to move

 If you are a tenant in the lease house and want to move to the home city for your family, you cannot abruptly end the lease. However, you can sublet the leased property. 

Pros and cons of  Rental Agreement

Pros of renting

 Can be re-negotiated- with the rental agreement, the landlord can make changes and re-negotiate the terms of the rental agreement.

 Flexible- the rental agreement is more flexible as you can renew and change the terms after the agreement period expires. 

Cons of Rental agreement

 Rent increase- the renewal of the agreement may result in a rent increase. 

 Stability- Landlord and tenant have the right to walk out. Hence, rental agreements and  Encumbrance Certificate Online can be less stable for living purposes.

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Things to Verify as a Tenant in a Rental Agreement

Many people nowadays spend their whole life in a rented house. Rented spaces are becoming a common housing option for many people around the world due to the growing prices of real estate. As many people are now moving into rented properties, it is necessary to ensure their security and safety is maintained in these places for the tenants. 

The rental agreement and Legal Documentation is one such document that is a necessity to ensure optimum safety and housing security for individuals and families. A tenant should make sure that he gets a written rental agreement and get it signed by both the parties after verifying it completely. A rental agreement comprises all the essential information of both the parties involved in the Notarized Rent Agreement, the tenant and the landowner. It includes the name, contact details and the terms of rental Agreement (what is allowed, what is not allowed and all the what-ifs related to the agreement). Before a signing the agreement, a tenant should verify a few things. Let us look at some of these important things that need to be verified. 

1.     Rent Escalation Clause:

One of the ways that landlords exploit tenants is by increasing the rent amount without informing the tenants. If the Rental Agreement has a rent escalation clause, then a tenant can save himself/herself from being duped by increased rent rates at any time. This close mentions the conditions and the period after which the rent can be increased and it would be illegal to go against the terms of this clause. 

2.                 House Selling clause:

Many landowners take in the new tenants without informing them that they have an intention to sell out the property. They sell the property during the rental period and it leaves no time for the tenants to find a new place. You can save yourself from this situation by getting these details mentioned in the rental agreement. This would save you from becoming homeless in the future. 

3.                 Make a Visit:

Before signing the Online Rental Agreement, always make sure that you visit the space your are planning to rent. Check all the electricity and water connections to ensure that everything is in its place and save you from fraud. It is the duty of the landowner to provide a space that is functional to live in the first place. But some landowners still dupe the tenants by not showing the place properly before they cove in and realize that they have been cheated.

These are some of the key points to keep in mind before moving in a rented house. Before you sign the rental agreement and Encumbrance Certificate Online, always check these points to save yourself and your family from being cheated on. 

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Is Marriage Certificate Necessary?

When we talk about big fat Indian weddings, we are reminded of many colours and happy faces. Two people who decide to spend their lives together throw a lavish party for everyone they know and love. The Indian rituals are followed and the wedding is completed. 

If we talk about wedding ceremonies in many other countries, then there is an essential part of their weddings without which the marriage does not become legal. Marriages in some foregin countries need to be registered legally to be valid. The couple who decides to get married needs to get a Married Certificate that would validate their marriage in the eyes of the law. 

In India, many people have started registering their marriages due to the various benefits of the marriage certificate. Even today in India, it is not mandatory to register a marriage even when after the supreme court has passed many proposals to make it mandatory to get a marriage certificate. 

The supreme court and various authorities have been trying hard to make marriage registration compulsory for all the communities in India. The supreme court has suggested a fine of 5 rupees for everyday until when the marriage is not registered legally by the couple and they receive a marriage certificate by completing all the legalities. 

Why a Marriage certificate is important?

Couples should always prefer to get valid marriage certificates. Many women empowerment groups have been demanding that it should be made compulsory. A marriage certificate can sav prohibit bigamy, save women from abandonment by husbands and it can ease the process of getting a divorce when required. 

Why Married Couples Prefer to not get their marriage certificate?

Many couples who have been married for years find it cumbersome to get their marriages registered. It requires to present two witnesses at the time allotted by the authorities along with various documents to be presented at the time of registration. This long procedure discourages many people from getting their marriage registered Legal Documentation. The process should thus be made simpler so that more and more people get their marriages registered. 

E-Marriage certificates

Technology is making our lives easier in every field. People can even apply for a Encumbrance Certificate through e-portals run by the government. You can find all kinds of legal documentation templates in one place at Doqfy. Doqfy offers over 1200 templates for all types of Online Legal Documentation from marriage certificates to Appointment Letters. 

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FAQs About E stamp Paper Online

There is various legal documentation that is required by individuals and businesses o fulfil legal obligations in carrying out any commercial or personal activity. Stamp paper duty is one such legal obligation paid to the government by an individual when purchasing or selling any property. It is a vital document to carry out selling or buying of property or land. 

Stamp duty can be paid online or offline. In a world where everything is digitized, getting Legal Documentation and  Encumbrance Certificate Online has also been made possible through online modes. E-Stamp Paper Online is easily available for individuals and corporates through various online platforms like Doqfy. There are some frequently asked questions about e-stamp paper online and Rental Agreement. Let us look at some of these questions.

1.     What are the payment modes available?

Stamp duty can be paid through various modes of payment. You can choose from the different modes of payment available. You can either pay it through online modes like NEFT, Demand draft, cheque, e-wallets or pay orders. It is easy to pay for e-stamp paper online and can be done instantly.

2.                 When will I receive the e-stamp certificate?

Once you have completed all the formalities along with filing the forms and paying the stamp duty amount, you don’t need to wait for the e-certificate as you can get it immediately. E-stamp certificates are delivered to the concerned parties instantly.

3.                 Is stamp duty necessary?

Many people ask this question because they want to avoid the amount to be paid against the e-stamp certificate or the E Stamp Paper . Stamp duty is a necessity when it comes to buying or selling a property or land. Without paying the stamp duty, the trade of property can be termed illegal by the concerned authorities. Hence, you should always pay the stamp duty.

4.                 Is a duplicate copy of the e-stamp paper online available?

The authorities that issue the stamp paper or the e-stamp paper online do not provide the party concerned with a duplicate copy of the e-stamp paper online. You can’t get a duplicate copy of the e-stamp paper online and you need to retain the original copy of the e-stamp paper online provided by the authorities. 

Stamp duty is a necessity when it comes to buying or selling any property. One can choose to pay it through online or offline modes. Online platforms like Dqfy have made it possible to get templates for legal documents like Estamping online and franking easily.

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What Happens When You Don’t Have a Rental Agreement?

A rental agreement is an important document if you are renting out a place or you are living in a rented property. Both the parties involved in a rental agreement need the agreement. A Notarized Rent Agreement mentions important details regarding the rent deed. It includes important information about the tenants, the terms of the rent offered by the landowner and the details regarding the rent amount, as well as, securities. 

These pieces of information are crucial for both the parties’ involved in a rental agreement. The lack of producing a written Legal Documentation rental agreement can result in a lot of issues for the tenant as well as the landlord involved in the case. Let us throw some light on the problems that both the parties can face in case of a missing Rental Agreement.

For the Tenant

The absence of a written Online Rental Agreement can become a cause of serious problems faced by the tenants residing in a rented property. Firstly, the lack of a rental agreement can encourage a landowner to take advantage of the tenants by increasing the rent amount without any warnings. The rent amount is to be mentioned in the rental agreement which can’t be changed without informing the tennat when you write a rental agreement. 

In addition to this, the absence of a rental agreement means that the landowner can move out of the property anytime and he does not need to inform the tenants before doing so. This could be a problem but you can avoid such instances if you have all the terms and conditions related to the rented property mentioned in a written rental agreement. 

In case of an absent rental agreement, there would be no written procedure that needs to be followed during such situations. A tenant can’t be secured regarding the aftermaths of such situations when there is no rental agreement created by the parties involved. 

For the Landlord

When there is no written View Encumbrance Certificate, then the landlord is generally at the advantage as he can reap certain benefits yet there are some setbacks in this situation for the landlord as well. In case of any damage to the property, the landowner can’t provide any proof to the authorities as there is no rental agreement where all the terms are mentioned.

One big disadvantage for both the parties is that in case of any tiff between the two sides, there would be non availability of any proofs due to the missing rental agreement. These are the reasons why it is beneficial to have a written rental agreement. Even though t is legal to let out a property without a proper rental agreement and Encumbrance Certificate Online, but it is advise

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Terms to Include in Your Rental Agreement

If you are a landowner or property owner who is interested in renting out the land to a tenant, then you must consider getting a well written rental agreement before you rent out the space. An Online Rental Agreement is a written document or agreement between the property owner the one who wants to rent the space against some agreed amount. 

As a landowner, you should always make a written rental agreement and must not leave out some important things that are vital for the validity of the agreement. These are some things that you should not leave out while making a rental Agreement.

1.     Proper Details

When making a rental agreement, always write precise and clear details about all the tenants occupying the property. Yours should include their full names, contact information and other vital details that should not be left out. You should also include the address of the property you are renting out with other important credentials in the Rental Agreement. 

2.                 Terms of Tenancy

You should always include the term of tenancy in the rental agreements. The property owner should disclose in writing all the details about the rental period. It should be mentioned whether it is a month-to-month rental period or it would be an annual rental period. Every detail should be included in the rental agreement. 

3.                 Rent

The amount of rent should be disclosed fully in the rental agreement. One must mention the rent amount along with security deposits. Any other costs should also be mentioned and not hidden from the tenants. A rental agreement should mention the rent along with the mode of payment accepted by the landowner. 

4.                 Pets allowed or not

Many landowners allow pets to be kept on the premises while there are others who do not prefer it. The landowner must mention in the rental agreements whether pets are allowed or not. If you allow pets, then you can mention the terms and conditions to keep pets in the rental agreements. This can save you from any problem related to pets on your premises in the future. 

5.                 Damage terms and conditions

You should not skip mentioning in the rental agreement about the damage policy that you would like to follow. In case of any damage to the property apart from the usual wear and tear, you should mention how the tenants will bear the loss. 

These are some important terms and conditions that must be mentioned in the rental agreements. Any landowner should not skip any of these terms to save themselves from any problems in the future. You can get rental agreements templates online easily. Doqfy provides around 1200 templates for all kinds of Legal Documentation and E Stamp Online , Estamping you can make rental agreements as well.

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Why Trade Licenses are Important?

Running a business comes with a lot of Legal Docs formalities and documentation. When you start trading in any commodity or service, then there are certain important documents that you require to establish trade in India. A trade license is one such legal document required by any trader to fulfill the legal obligations of starting trade n any part of the country.

What is a trade license?

A trade license is like a written permit given to the trader to run a particular business. The trade license permits a trade owner to carry out his trading activity in a particular area. It also mentions the product or service he is allowed to trade. A trader can only carry out that trade in the area permitted by the trade license and he/she can’t trade in any other commodity or service than the one he is given the permit for. 

Eligibility for getting a trade license

There is an eligibility criterion to get a trade license. These criteria must be fulfilled to get a trade license in India. 

A person must have attained the age f 18     years to be able to get a trade license.

There should be no criminal record of the     concerned person in any part of the country.

The business must be legal and there should     not be any trading of illegal material involved.

A trade license is easy to get if you fulfill these conditions. Once you get the trade license, it is mandatory to maintain it annually. A trader is expected to get a trade license from the authorities before starting the trade. 

Importance of trade license

A trade license is not only crucial for Legal Documentation and E Stamp Online purposes, but a trader must register for it for the benefit of the business. A trade license has been mandatory for various reasons. It is an important document without which the trading can be termed illegal and cause issues for the trader.

A Trade License gives you the legal right to carry out trade in a particular commodity or service. This gives the trader legal rights for the trading of any article or service. Apart from this, it also saves the consumers from any kind of health hazard caused by the product/service. A trade license puts a limit to a y kind of illegal and harmful activity carried out in the locality. 

Trade licenses are important for any kind of trade carried out by traders. You can easily get a trade license online. Doqfy offers over 1000 legal document templates to choose from. You can get all kinds of Online Legal Documentation in one place.

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5 Benefits of House Rental Agreement No One Will Tell You

 The rental agreement is not just a Legal Documentation and E Stamp Online for your briefcase. Have you ever thought about the advantages of having a rental agreement?

At Doqfy, we guide and help customers to apply and create rental agreements for their benefits. In this blog, we will list the few most important benefits of having a rental agreement for your house. 

 Minimize the conflict

The Online Rental Agreement and Notarized Rent Agreement is the binding agreement between the tenant and the landlord as all the terms and conditions about the tenancy are discussed and legalized in the agreement. Whenever an argument or difference comes in between, the rental agreement can be used to solve the matter without any legal dispute—abiding by the rules and regulations laid out in the rental agreement helps both parties to solve the matter. 

 Saves your money

With the rental agreement, you can list out the conditions of payment for the damages done to the house by the tenant during his occupancy. In case of disagreement, the tenant and landlord can use the agreement to solve the matter. You can save yourself from the expenses made on the damages to the rented house not listed in the rental agreement. 

 Used for getting loans

Many banks use the rental agreement as proof that you are living in a rented house and do not own a house. The rental agreement helps the banks to understand your living conditions and can be used to reflect your financial transactions.

 Works as address proof

Many times for the application of legal matters like trade license and driving license, we need to furnish valid address proof. The rental agreement is also listed in the valid address proof for this matter. 

 Making passport

If you are in the process of applying for a passport, you will need a rental agreement for showing your place of residence as proof to the officials. 

 Vehicle registration

The rental agreement is a required document for purchasing and registering your vehicle from the vendor. Yoru rental agreement has your name and address as recognized by the law, which is necessary for registering your vehicle. 

 For making bus pass

Many governments authorized public transport commuting passes on the basis of the rental agreement. You will need the document as proof showing that you are staying at the said address. 

Conclusion

You can create a Rental Agreement and view encumbrance certificate with Doqfy as we offer a hassle-free process for all your legal document needs.

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E-stamping in India - All That You Need To Know

E Stamping is an electronic process by which stamp duty is paid to the government online, and a cumbersome collection of papers can be avoided by digitizing the stamp duty. 

During the transaction of sales or purchase of property, the government needs to pay E Stamp Online duty. The trade of real estate is attested on the E Stamp Paper, which can be bought from the authorized vendor by the government. 

The traditional way of collecting e stamp vendor near me duty and stamp papers is a tedious and time taking process. There are chances of fraud and cheating with the stamp papers.

E-stamp Online

E-stamping has been authorized by the government in India. Nineteen states allow e-stamping, and some states have mandatory e-stamping for the purchase and sale of the property in the state. The process is completely digital, and you can pay the stamp duty online. It is the responsibility of SHCIL to execute e-stamping activities, including user registration, e-stamping applications, and maintaining records.

The process of E-stamp

The application of Non Judicial Stamp Paper Online is reveille with the official website of SHCIL. You can download the form and duly fill it with true and correct details. You will be notified of the nearest authorized collection center of the form. You can take the form to the authorized collection center and submit the form with the applicable fees. You can pay fees by cash, card, and e-wallet. 

You will be given an e stamp paper online and E Stamp Near Me certificate if you have filled the application properly and correctly and paid the fees on time. 

E-stamp Verification

Once you have received the certificate, you are ready to move with the transaction. For the verification of the e stamp certificate, you or the third party can log onto the SHCIL website. It has all the data. Use the reference number for generating the certification verification. E Stamping is a very simple process. 

How can Doqfy simplify the process?

At doqfy, we aim to simplify the process of your legal document by offering you ready-to-use legal document templates, which are formed by the experts after considering the legal parameters in the state. We offer stamp services to clients with hassle-free processes. Within no time, you can get a stamp certificate for your transaction.

We are a team of professionals who are experts in the processing and creation of legal documents. Our services include a wide array of legal documents processing for businesses and individuals.

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Key Benefits of Document Automation for Small Business

For decades businesses have used the services of lawyers and law firms for making and drafting Legal Documentation and Encumbrance Certificate. However, with the advancement of AI and technology, the automation of documents is now possible. 

To remain competitive and first in the league, the businesses have to enter into contracts that are for the benefits of the business growth. With the use of the software and View Encumbrance Certificate from the Doqfy, you can remain ahead in the business and improve efficiency.

Some of the benefits of adopting the automation of legal documents are-

Increased efficiency- the legal documents are painstakingly lengthy and need focus. If the documents are not detailed and apt, the businesses could face penalties. There was a time when NDA, trade license, and other documents were made from scratch by spending hours. But with the document automation process, business owners could decrease the chances of errors and increase their efficiency.

Increased profitability- As you automate the process E Stamp Vendor Near Me, Franking you can save the lawyer fees and time taking administrative fees. These expenses saved can be used in increasing the profits of the company. 

Enhancing accuracy- As the automation of the documents is done by technology, there are fewer chances of human errors. You can forget about the petty errors in the draft and make your legal perfect and accurate. The automation software uses templates and validation features which reduces the likeliness of the errors in the documents. 

Retention of secrets- Many times, when you approach your lawyer for the processing of the legal documents, you spill out your trade secrets with them. Which makes you vulnerable to some extent. Although there is an NDA between the business and lawyers for keeping the secrets, however, the business owner feels vulnerable. With the E Stamp Online, you can speed up the filing and registration of the documents online. 

Avoid clashes- The legal documents are drawn in the business to avoid penalties and clashes among the contracting parties. With the automaton process, you can create reliable and complete documents for your clients and suppliers so that they feel safe and secure in doing business with you. 

Conclusion-

In today's fast-paced world of economy and commerce, businesses need to keep abreast with legal issues. The creation and drafting of the documents can be expensive when done from scratch. However, you can use the services from the Doqfy to simplify the process and increase efficiency.