That is why it is very important that the lease builds all the necessary details about the transaction and does not look like anything. Here`s a brief checklist on the topics a rental agreement should cover: To complete the registration process, you also need two witnesses to sign the contract. Once your rental agreement is registered, it becomes a legally admissible document and can be used as evidence if the transaction fails and falls into dispute. The registration fee for rentals in Karnataka is 1% of the rent + deposit. Although many people are unaware of the importance of paying proper stamp duty and registering the document, these factors cannot be ignored. In the absence of payment of a corresponding stamp duty, the dispute between thought rights may have to pay ten times the initial value as a fine. . . .