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Is a registered permanent lease as good as sale?
05-Jun-2023 (In Property Law)
A registered permanent lease is as good as sale?
No, a permanent lease deed is not considered as a sale deed.
A sale deed is one of the most valuable legal documents in a purchase or sale of a property. It is governed by the Registration Act and is an important document for both the buyer or the transferee and the seller or the transferor
The rental agreement or lease deed is designed for leasing or renting commercial property. The rental agreement is a legal document which lays out the prescribed terms and conditions under which the rented property is leased out that is to be followed between the land lord and the tenant.
A sale deed is one of the most valuable legal documents in a purchase or sale of a property. It is governed by the Registration Act and is an important document for both the buyer or the transferee and the seller or the transferor
The rental agreement or lease deed is designed for leasing or renting commercial property. The rental agreement is a legal document which lays out the prescribed terms and conditions under which the rented property is leased out that is to be followed between the land lord and the tenant.
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Adv. Siddhant Sharma
Delhi | 500+ Answers
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