Dear All,
I want to let out my apartment for a continuous period of 5 years to my friend and thus would like to execute an agreement with him. The apartment is in Kolkata. Now, according to sec-17 of Registration Act, 1908, Lease Agreement greater than 11 months, shall have to be registered.
Now, what sort of agreement, should I choose (e.g. Leave & License or Tenancy agreement) , so that I don’t have to register the property with the Registrar of Assurance, Kolkata. If not, what should I do.
Regards
K. C. Palai
