How to rent out flat safely?
I am going to give my residential flat (in Kolkata) on rent by executing a Leave & Licensee Agreement for a duration of 11 months, with security deposit as monthly rent payable before 5th of every month.
I'm preferring the payments all in cash only.
The person has given me a photocopy of his VoterID and Aadhar card.
I've also the photocopy of the Broker's VoterID.
Questions:
1. Are there any documents I need to collect or check?
2. Is police verification required of the person?
3. Do I need to submit the notarized copy of the Leave and License Agreement to the Police Station?
4. What if the signature of the Licensee is not the same as shown in VoterID card? Is there a problem if he just signs his name?
5. I would prefer cash payment. Is it necessary if the monthly rent payments by Licensee be done via cheque or online?
6. Any other items I need to be careful about?
Asked 3 years ago in Property Law
Religion: Muslim