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Is it necessary to register lease and license agreement?
07-Mar-2023 (In Landlord/Tenant Law)
Hi, Is it necessary to register leave and license agreement for 11 months or only notorisation is enough.wil notirised rent agreement be legally valid or that is also not needed.thanks
hello
as per legal provisions it is not necessary to get the rent/lease deed registered, but it will be better for both the parties to get it register either before the registrar or the nortory public so that in case of any dispute the terms of the agreement would be as per that registered agreement.
as per legal provisions it is not necessary to get the rent/lease deed registered, but it will be better for both the parties to get it register either before the registrar or the nortory public so that in case of any dispute the terms of the agreement would be as per that registered agreement.
Helpful?
17+
17+
Adv. Akhil Bhasin
Kurukshetra | 25+ Answers
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“As per the Registration Act, 1908, Section 17 Sub-section(1) clause, registration of an immovable property that is on lease for one year or more than a year is compulsory,” Whereas, registration for tenancy period of 11 months is not required, that’s why owner prefers to prepare tenancy agreement for 11 months, Hence, for tenancy period of 11 months notarization will definitely serve the purpose for legal validation of an agreement .
Regards,
Advocate Shravan Kumar
Regards,
Advocate Shravan Kumar
Helpful?
11+
11+
Adv. Shravan Kumar
Gurgaon | 25+ Answers
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