FAQ's - Application and Contract For Renting Flat

[ { "a": " The application process is typically like a KYC process to get to know our customers. ", "q": "What is the application process like?" }, { "a": " The rental contract is for a standard of 11 months. However, you can choose how long you want to stay. ", "q": "What are the common lease terms?" }, { "a": " Yes, you have the option to renew your rental agreement whenever you wish to. ", "q": "Can I renew my lease at the end of the term?" }, { "a": " Lock in period is a commitment given by the tenants to us in order to avail free common area maintenance charge. Lock-in period should be a minimum of 6 months to avail free common area maintenance charge. ", "q": "Is there any Commitment/Lock in period?" }, { "a": " No, once the contract is made you cannot update or change the lock-in period or any other terms. ", "q": "Can you renew or update only the lock in period?" }, { "a": " Being fair &transparent is our core value and we inform all our tenants about our terms &conditions in detail prior to the booking. There are no hidden charges or terms. ", "q": "Are they any hidden charges?" }, { "a": " Both aspects operate independently. Contract period is the 11 month legal term under which tenants will rent the flat with KOTS. Renewal of contracts is possible. On the other hand, the lock-in period refers to the duration for which the tenant commits to remain without terminating the contract, enabling them to take advantage of the free common area maintenance charges offered. ", "q": "What is the difference between contract period and lock-in period?" }, { "a": " The common area maintenance charges offered will be reversed and you will be charged monthly common area maintenance charges for the entire stay duration. ", "q": "What happens if you terminate the contract (or) vacate the home during the Lock-In period ?" }, { "a": " Yes, the tenants have to serve 45 days notice period before they terminate the contract. ", "q": "Is there any notice period to terminate the contract?" }, { "a": " Move out charges include painting charges to be paid (one time) by the Sub-Lessee in advance or in pre-paid manner at the time of booking the flat. If the rented flat is of Studio / 1BHK flat, painting charges are Rs 14,500 (Fourteen thousand five hundred.) and if the rented flat is a 2BHK flat, painting charges are Rs 19,500 (Nineteen thousand five hundred.).", "q": "Are there any painting charges or move out charges?" } ]What is the application process like?

[ { "a": " The application process is typically like a KYC process to get to know our customers. ", "q": "What is the application process like?" }, { "a": " The rental contract is for a standard of 11 months. However, you can choose how long you want to stay. ", "q": "What are the common lease terms?" }, { "a": " Yes, you have the option to renew your rental agreement whenever you wish to. ", "q": "Can I renew my lease at the end of the term?" }, { "a": " Lock in period is a commitment given by the tenants to us in order to avail free common area maintenance charge. Lock-in period should be a minimum of 6 months to avail free common area maintenance charge. ", "q": "Is there any Commitment/Lock in period?" }, { "a": " No, once the contract is made you cannot update or change the lock-in period or any other terms. ", "q": "Can you renew or update only the lock in period?" }, { "a": " Being fair &transparent is our core value and we inform all our tenants about our terms &conditions in detail prior to the booking. There are no hidden charges or terms. ", "q": "Are they any hidden charges?" }, { "a": " Both aspects operate independently. Contract period is the 11 month legal term under which tenants will rent the flat with KOTS. Renewal of contracts is possible. On the other hand, the lock-in period refers to the duration for which the tenant commits to remain without terminating the contract, enabling them to take advantage of the free common area maintenance charges offered. ", "q": "What is the difference between contract period and lock-in period?" }, { "a": " The common area maintenance charges offered will be reversed and you will be charged monthly common area maintenance charges for the entire stay duration. ", "q": "What happens if you terminate the contract (or) vacate the home during the Lock-In period ?" }, { "a": " Yes, the tenants have to serve 45 days notice period before they terminate the contract. ", "q": "Is there any notice period to terminate the contract?" }, { "a": " Move out charges include painting charges to be paid (one time) by the Sub-Lessee in advance or in pre-paid manner at the time of booking the flat. If the rented flat is of Studio / 1BHK flat, painting charges are Rs 14,500 (Fourteen thousand five hundred.) and if the rented flat is a 2BHK flat, painting charges are Rs 19,500 (Nineteen thousand five hundred.).", "q": "Are there any painting charges or move out charges?" } ]What are the common lease terms?

[ { "a": " The application process is typically like a KYC process to get to know our customers. ", "q": "What is the application process like?" }, { "a": " The rental contract is for a standard of 11 months. However, you can choose how long you want to stay. ", "q": "What are the common lease terms?" }, { "a": " Yes, you have the option to renew your rental agreement whenever you wish to. ", "q": "Can I renew my lease at the end of the term?" }, { "a": " Lock in period is a commitment given by the tenants to us in order to avail free common area maintenance charge. Lock-in period should be a minimum of 6 months to avail free common area maintenance charge. ", "q": "Is there any Commitment/Lock in period?" }, { "a": " No, once the contract is made you cannot update or change the lock-in period or any other terms. ", "q": "Can you renew or update only the lock in period?" }, { "a": " Being fair &transparent is our core value and we inform all our tenants about our terms &conditions in detail prior to the booking. There are no hidden charges or terms. ", "q": "Are they any hidden charges?" }, { "a": " Both aspects operate independently. Contract period is the 11 month legal term under which tenants will rent the flat with KOTS. Renewal of contracts is possible. On the other hand, the lock-in period refers to the duration for which the tenant commits to remain without terminating the contract, enabling them to take advantage of the free common area maintenance charges offered. ", "q": "What is the difference between contract period and lock-in period?" }, { "a": " The common area maintenance charges offered will be reversed and you will be charged monthly common area maintenance charges for the entire stay duration. ", "q": "What happens if you terminate the contract (or) vacate the home during the Lock-In period ?" }, { "a": " Yes, the tenants have to serve 45 days notice period before they terminate the contract. ", "q": "Is there any notice period to terminate the contract?" }, { "a": " Move out charges include painting charges to be paid (one time) by the Sub-Lessee in advance or in pre-paid manner at the time of booking the flat. If the rented flat is of Studio / 1BHK flat, painting charges are Rs 14,500 (Fourteen thousand five hundred.) and if the rented flat is a 2BHK flat, painting charges are Rs 19,500 (Nineteen thousand five hundred.).", "q": "Are there any painting charges or move out charges?" } ]Can I renew my lease at the end of the term?

[ { "a": " The application process is typically like a KYC process to get to know our customers. ", "q": "What is the application process like?" }, { "a": " The rental contract is for a standard of 11 months. However, you can choose how long you want to stay. ", "q": "What are the common lease terms?" }, { "a": " Yes, you have the option to renew your rental agreement whenever you wish to. ", "q": "Can I renew my lease at the end of the term?" }, { "a": " Lock in period is a commitment given by the tenants to us in order to avail free common area maintenance charge. Lock-in period should be a minimum of 6 months to avail free common area maintenance charge. ", "q": "Is there any Commitment/Lock in period?" }, { "a": " No, once the contract is made you cannot update or change the lock-in period or any other terms. ", "q": "Can you renew or update only the lock in period?" }, { "a": " Being fair &transparent is our core value and we inform all our tenants about our terms &conditions in detail prior to the booking. There are no hidden charges or terms. ", "q": "Are they any hidden charges?" }, { "a": " Both aspects operate independently. Contract period is the 11 month legal term under which tenants will rent the flat with KOTS. Renewal of contracts is possible. On the other hand, the lock-in period refers to the duration for which the tenant commits to remain without terminating the contract, enabling them to take advantage of the free common area maintenance charges offered. ", "q": "What is the difference between contract period and lock-in period?" }, { "a": " The common area maintenance charges offered will be reversed and you will be charged monthly common area maintenance charges for the entire stay duration. ", "q": "What happens if you terminate the contract (or) vacate the home during the Lock-In period ?" }, { "a": " Yes, the tenants have to serve 45 days notice period before they terminate the contract. ", "q": "Is there any notice period to terminate the contract?" }, { "a": " Move out charges include painting charges to be paid (one time) by the Sub-Lessee in advance or in pre-paid manner at the time of booking the flat. If the rented flat is of Studio / 1BHK flat, painting charges are Rs 14,500 (Fourteen thousand five hundred.) and if the rented flat is a 2BHK flat, painting charges are Rs 19,500 (Nineteen thousand five hundred.).", "q": "Are there any painting charges or move out charges?" } ]Is there any Commitment/Lock in period?

[ { "a": " The application process is typically like a KYC process to get to know our customers. ", "q": "What is the application process like?" }, { "a": " The rental contract is for a standard of 11 months. However, you can choose how long you want to stay. ", "q": "What are the common lease terms?" }, { "a": " Yes, you have the option to renew your rental agreement whenever you wish to. ", "q": "Can I renew my lease at the end of the term?" }, { "a": " Lock in period is a commitment given by the tenants to us in order to avail free common area maintenance charge. Lock-in period should be a minimum of 6 months to avail free common area maintenance charge. ", "q": "Is there any Commitment/Lock in period?" }, { "a": " No, once the contract is made you cannot update or change the lock-in period or any other terms. ", "q": "Can you renew or update only the lock in period?" }, { "a": " Being fair &transparent is our core value and we inform all our tenants about our terms &conditions in detail prior to the booking. There are no hidden charges or terms. ", "q": "Are they any hidden charges?" }, { "a": " Both aspects operate independently. Contract period is the 11 month legal term under which tenants will rent the flat with KOTS. Renewal of contracts is possible. On the other hand, the lock-in period refers to the duration for which the tenant commits to remain without terminating the contract, enabling them to take advantage of the free common area maintenance charges offered. ", "q": "What is the difference between contract period and lock-in period?" }, { "a": " The common area maintenance charges offered will be reversed and you will be charged monthly common area maintenance charges for the entire stay duration. ", "q": "What happens if you terminate the contract (or) vacate the home during the Lock-In period ?" }, { "a": " Yes, the tenants have to serve 45 days notice period before they terminate the contract. ", "q": "Is there any notice period to terminate the contract?" }, { "a": " Move out charges include painting charges to be paid (one time) by the Sub-Lessee in advance or in pre-paid manner at the time of booking the flat. If the rented flat is of Studio / 1BHK flat, painting charges are Rs 14,500 (Fourteen thousand five hundred.) and if the rented flat is a 2BHK flat, painting charges are Rs 19,500 (Nineteen thousand five hundred.).", "q": "Are there any painting charges or move out charges?" } ]Can you renew or update only the lock in period?

[ { "a": " The application process is typically like a KYC process to get to know our customers. ", "q": "What is the application process like?" }, { "a": " The rental contract is for a standard of 11 months. However, you can choose how long you want to stay. ", "q": "What are the common lease terms?" }, { "a": " Yes, you have the option to renew your rental agreement whenever you wish to. ", "q": "Can I renew my lease at the end of the term?" }, { "a": " Lock in period is a commitment given by the tenants to us in order to avail free common area maintenance charge. Lock-in period should be a minimum of 6 months to avail free common area maintenance charge. ", "q": "Is there any Commitment/Lock in period?" }, { "a": " No, once the contract is made you cannot update or change the lock-in period or any other terms. ", "q": "Can you renew or update only the lock in period?" }, { "a": " Being fair &transparent is our core value and we inform all our tenants about our terms &conditions in detail prior to the booking. There are no hidden charges or terms. ", "q": "Are they any hidden charges?" }, { "a": " Both aspects operate independently. Contract period is the 11 month legal term under which tenants will rent the flat with KOTS. Renewal of contracts is possible. On the other hand, the lock-in period refers to the duration for which the tenant commits to remain without terminating the contract, enabling them to take advantage of the free common area maintenance charges offered. ", "q": "What is the difference between contract period and lock-in period?" }, { "a": " The common area maintenance charges offered will be reversed and you will be charged monthly common area maintenance charges for the entire stay duration. ", "q": "What happens if you terminate the contract (or) vacate the home during the Lock-In period ?" }, { "a": " Yes, the tenants have to serve 45 days notice period before they terminate the contract. ", "q": "Is there any notice period to terminate the contract?" }, { "a": " Move out charges include painting charges to be paid (one time) by the Sub-Lessee in advance or in pre-paid manner at the time of booking the flat. If the rented flat is of Studio / 1BHK flat, painting charges are Rs 14,500 (Fourteen thousand five hundred.) and if the rented flat is a 2BHK flat, painting charges are Rs 19,500 (Nineteen thousand five hundred.).", "q": "Are there any painting charges or move out charges?" } ]Are they any hidden charges?

[ { "a": " The application process is typically like a KYC process to get to know our customers. ", "q": "What is the application process like?" }, { "a": " The rental contract is for a standard of 11 months. However, you can choose how long you want to stay. ", "q": "What are the common lease terms?" }, { "a": " Yes, you have the option to renew your rental agreement whenever you wish to. ", "q": "Can I renew my lease at the end of the term?" }, { "a": " Lock in period is a commitment given by the tenants to us in order to avail free common area maintenance charge. Lock-in period should be a minimum of 6 months to avail free common area maintenance charge. ", "q": "Is there any Commitment/Lock in period?" }, { "a": " No, once the contract is made you cannot update or change the lock-in period or any other terms. ", "q": "Can you renew or update only the lock in period?" }, { "a": " Being fair &transparent is our core value and we inform all our tenants about our terms &conditions in detail prior to the booking. There are no hidden charges or terms. ", "q": "Are they any hidden charges?" }, { "a": " Both aspects operate independently. Contract period is the 11 month legal term under which tenants will rent the flat with KOTS. Renewal of contracts is possible. On the other hand, the lock-in period refers to the duration for which the tenant commits to remain without terminating the contract, enabling them to take advantage of the free common area maintenance charges offered. ", "q": "What is the difference between contract period and lock-in period?" }, { "a": " The common area maintenance charges offered will be reversed and you will be charged monthly common area maintenance charges for the entire stay duration. ", "q": "What happens if you terminate the contract (or) vacate the home during the Lock-In period ?" }, { "a": " Yes, the tenants have to serve 45 days notice period before they terminate the contract. ", "q": "Is there any notice period to terminate the contract?" }, { "a": " Move out charges include painting charges to be paid (one time) by the Sub-Lessee in advance or in pre-paid manner at the time of booking the flat. If the rented flat is of Studio / 1BHK flat, painting charges are Rs 14,500 (Fourteen thousand five hundred.) and if the rented flat is a 2BHK flat, painting charges are Rs 19,500 (Nineteen thousand five hundred.).", "q": "Are there any painting charges or move out charges?" } ]What is the difference between contract period and lock-in period?

[ { "a": " The application process is typically like a KYC process to get to know our customers. ", "q": "What is the application process like?" }, { "a": " The rental contract is for a standard of 11 months. However, you can choose how long you want to stay. ", "q": "What are the common lease terms?" }, { "a": " Yes, you have the option to renew your rental agreement whenever you wish to. ", "q": "Can I renew my lease at the end of the term?" }, { "a": " Lock in period is a commitment given by the tenants to us in order to avail free common area maintenance charge. Lock-in period should be a minimum of 6 months to avail free common area maintenance charge. ", "q": "Is there any Commitment/Lock in period?" }, { "a": " No, once the contract is made you cannot update or change the lock-in period or any other terms. ", "q": "Can you renew or update only the lock in period?" }, { "a": " Being fair &transparent is our core value and we inform all our tenants about our terms &conditions in detail prior to the booking. There are no hidden charges or terms. ", "q": "Are they any hidden charges?" }, { "a": " Both aspects operate independently. Contract period is the 11 month legal term under which tenants will rent the flat with KOTS. Renewal of contracts is possible. On the other hand, the lock-in period refers to the duration for which the tenant commits to remain without terminating the contract, enabling them to take advantage of the free common area maintenance charges offered. ", "q": "What is the difference between contract period and lock-in period?" }, { "a": " The common area maintenance charges offered will be reversed and you will be charged monthly common area maintenance charges for the entire stay duration. ", "q": "What happens if you terminate the contract (or) vacate the home during the Lock-In period ?" }, { "a": " Yes, the tenants have to serve 45 days notice period before they terminate the contract. ", "q": "Is there any notice period to terminate the contract?" }, { "a": " Move out charges include painting charges to be paid (one time) by the Sub-Lessee in advance or in pre-paid manner at the time of booking the flat. If the rented flat is of Studio / 1BHK flat, painting charges are Rs 14,500 (Fourteen thousand five hundred.) and if the rented flat is a 2BHK flat, painting charges are Rs 19,500 (Nineteen thousand five hundred.).", "q": "Are there any painting charges or move out charges?" } ]What happens if you terminate the contract (or) vacate the home during the Lock-In period ?

[ { "a": " The application process is typically like a KYC process to get to know our customers. ", "q": "What is the application process like?" }, { "a": " The rental contract is for a standard of 11 months. However, you can choose how long you want to stay. ", "q": "What are the common lease terms?" }, { "a": " Yes, you have the option to renew your rental agreement whenever you wish to. ", "q": "Can I renew my lease at the end of the term?" }, { "a": " Lock in period is a commitment given by the tenants to us in order to avail free common area maintenance charge. Lock-in period should be a minimum of 6 months to avail free common area maintenance charge. ", "q": "Is there any Commitment/Lock in period?" }, { "a": " No, once the contract is made you cannot update or change the lock-in period or any other terms. ", "q": "Can you renew or update only the lock in period?" }, { "a": " Being fair &transparent is our core value and we inform all our tenants about our terms &conditions in detail prior to the booking. There are no hidden charges or terms. ", "q": "Are they any hidden charges?" }, { "a": " Both aspects operate independently. Contract period is the 11 month legal term under which tenants will rent the flat with KOTS. Renewal of contracts is possible. On the other hand, the lock-in period refers to the duration for which the tenant commits to remain without terminating the contract, enabling them to take advantage of the free common area maintenance charges offered. ", "q": "What is the difference between contract period and lock-in period?" }, { "a": " The common area maintenance charges offered will be reversed and you will be charged monthly common area maintenance charges for the entire stay duration. ", "q": "What happens if you terminate the contract (or) vacate the home during the Lock-In period ?" }, { "a": " Yes, the tenants have to serve 45 days notice period before they terminate the contract. ", "q": "Is there any notice period to terminate the contract?" }, { "a": " Move out charges include painting charges to be paid (one time) by the Sub-Lessee in advance or in pre-paid manner at the time of booking the flat. If the rented flat is of Studio / 1BHK flat, painting charges are Rs 14,500 (Fourteen thousand five hundred.) and if the rented flat is a 2BHK flat, painting charges are Rs 19,500 (Nineteen thousand five hundred.).", "q": "Are there any painting charges or move out charges?" } ]Is there any notice period to terminate the contract?

[ { "a": " The application process is typically like a KYC process to get to know our customers. ", "q": "What is the application process like?" }, { "a": " The rental contract is for a standard of 11 months. However, you can choose how long you want to stay. ", "q": "What are the common lease terms?" }, { "a": " Yes, you have the option to renew your rental agreement whenever you wish to. ", "q": "Can I renew my lease at the end of the term?" }, { "a": " Lock in period is a commitment given by the tenants to us in order to avail free common area maintenance charge. Lock-in period should be a minimum of 6 months to avail free common area maintenance charge. ", "q": "Is there any Commitment/Lock in period?" }, { "a": " No, once the contract is made you cannot update or change the lock-in period or any other terms. ", "q": "Can you renew or update only the lock in period?" }, { "a": " Being fair &transparent is our core value and we inform all our tenants about our terms &conditions in detail prior to the booking. There are no hidden charges or terms. ", "q": "Are they any hidden charges?" }, { "a": " Both aspects operate independently. Contract period is the 11 month legal term under which tenants will rent the flat with KOTS. Renewal of contracts is possible. On the other hand, the lock-in period refers to the duration for which the tenant commits to remain without terminating the contract, enabling them to take advantage of the free common area maintenance charges offered. ", "q": "What is the difference between contract period and lock-in period?" }, { "a": " The common area maintenance charges offered will be reversed and you will be charged monthly common area maintenance charges for the entire stay duration. ", "q": "What happens if you terminate the contract (or) vacate the home during the Lock-In period ?" }, { "a": " Yes, the tenants have to serve 45 days notice period before they terminate the contract. ", "q": "Is there any notice period to terminate the contract?" }, { "a": " Move out charges include painting charges to be paid (one time) by the Sub-Lessee in advance or in pre-paid manner at the time of booking the flat. If the rented flat is of Studio / 1BHK flat, painting charges are Rs 14,500 (Fourteen thousand five hundred.) and if the rented flat is a 2BHK flat, painting charges are Rs 19,500 (Nineteen thousand five hundred.).", "q": "Are there any painting charges or move out charges?" } ]Are there any painting charges or move out charges?

Eager to learn more about KOTS?

FAQs

Application and Contract