Condominium Rental Agreement – If the property for rent is subject to the rules and regulations of a condominium, the owner of the unit can run this form with the potential tenant. The rental agreement or lease is processed on a stamp document. There are 2 types of rental in India, one is a lease that lasts at least 12 months. This is governed by the rent control laws adopted by the Land Government. The other type is a rental and license agreement with a maximum duration of 11 months, which is not covered by rent control laws. A basic rental agreement or a housing rental agreement contains the following details mentioned therein: as with late rents, many states pass laws limiting the amount that can be calculated for this offense. In any event, this fee must be fixed in the content of the rental agreement before it is executed.