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In Louisiana, leases may be written or oral; however, we highly recommend you use a written lease regardless of the length of tenancy.
Yes, Handwritten rental agreement on normal paper is legally valid in India. However if objection is raised for not being stamped, you might be liable to pay deficiency of stamp value with at least 10X penalty.
No, lease agreements do not need to be notarized in Louisiana. As long as all parties agree to the lease terms, it is considered binding. A landlord and tenant can agree to have a written lease notarized if they wish, but it is not required by Louisiana law.
The address of the premises as well as the name and contact details of the landlord or managing agent should be provided and it should also include the date on which the lease was signed, state how long the lease will run and mention should be made of annual increases.
A written lease agreement must contain:The names and addresses of both parties;The description of the property;The rental amount and reasonable escalation;The frequency of rental payments, i.e. monthly;The amount of the deposit;The lease period;The notice period for termination of contract;More items...