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Is that compulsary to regeistered a lease agreement for 11 months.

By Nitin Kumar   5 years ago  18325 views
 
 
 
 
 
 
 
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Bhupinder Singh 5 years ago
The section 17 of Registration Act provises leases of immovable property from year to year, or for any term exceeding one year, or reserving a yearly rent; months requires compulsory Registration.
However a lease agreement of 11 months does not require compulsory Registration.
In my view an unregistered lese argeement of 11 months is legally valid document.
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Vikas Thapar 5 years ago
Sir, you can even get it notrized ,if you are keeping 11 months in mind.Its is leagally valid or else go for 3 years lease & then get it registered. Keep locking period for 1 year & notice period of 3 months either side.
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Narendra 5 years ago
it is not compulsory, normally people go with a simple agreement on 100rs stamp paper, but to be on safer side it will be better to register agreement, cost can be bear by both party 50%-50%, or as per your mutual undrestanding,
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Dheeraj Sharma 2 years ago
No, it is not mandatory. An unregistered lese argeement of 11 months is a legal and valid document.
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Shobhit Jain 5 years ago
It will safeguard you.
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Ravindra Singh 5 years ago
its gud for u
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Sudhir Goyal 5 years ago
This is a safe and proper way to enter into an agreement
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Anonymous
5 years ago
Nothing is compulsory but advisable. Tenure of 11 months is not fixed but normally this is common in India.
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Lalit Bansal 5 years ago
unregistered lease agreement doesnt have any legal value.
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Lalit Bansal For 11 month lease you don't need to go for registration but you still need to pay 2% stamp duty to make it a legal document. Just purchase stamps for that value, sign them and attach with your rent agreement.
2 years ago
 
 
 
Shiva Prasad So affix the stamps for 2% value of the 11 month rent on the 100rupee stamp paper. Is that right? Thanks. In case of registration do both parties need to go and sign before registrar or can one go.
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Kartik Sahai 5 years ago
generally the lease agrremnet in redidential properties is of 11 months
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Sunil Pal 5 years ago
Not Compulsory. But you can get it registered for more comfort level.
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Saurav Aggarwal 5 years ago
not necessary but govt. has made the rules for your safety..so do the agreement and be safe.
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karim 5 years ago
yes
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Mr Pankaj Dogra 5 years ago
dear nitin,if you are safer side,pls registred leasse agrement in registrar office,gurgoan,no tension for registred leasse agrement.
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