Register Comment Lease For Free

If your lease deed exceeds 12 months, then you require a lease agreement registration. If you have not registered your lease agreement, you cannot present it as proof in a law court. Lease agreement registration also helps in protecting the rights of the parties.

Documents Needed for the Rent Agreement Registration Original copies of ownership documentation or a copy of the property's title. two photos in passport size (tenant, landlord, and two witnesses) Aadhar card. a valid ID issued by the government (voter ID, passport, and driving license)

Let me tell you. You can create a rental agreement in the name of more than one person. This is mostly done when many individuals plan to live together in the rented property and want to share both the rent and the obligations of the rental agreement.

Dear (Landlord name), My name is (Your name), and I'm writing to you to express my interest in the home at (address or property name). I would love to live in this place because (reasons you want to rent the property). I currently am a tenant at (current address) but am ready to move because (reason for moving).

A lease of immoveable property is a transfer of a right to enjoy such property, made for a certain time, express or implied, or in perpetuity, in consideration of a price paid or promised, or of money, a share of crops, service or any other thing of value, to be rendered periodically or on specified occasions to the ...

Firstly, an unregistered lease deed can incur fines by the district sub-registrar up to 10 times the original value of the stamp duty required in case it comes to the notice of the authorities. The other basic implications of non-registration are given under Section 49 of the Registration Act, 1908.

The lease agreement is signed by the two parties and notarised/registered. This makes it binding on the lessor and the lessee. If a lease agreement is entered into for more than a 12 months period, it must be made basis the strict rent control laws. These laws generally go in favor of the lessee.