rent agreement (urgent)
prateek saxena
(Querist) 21 March 2009
This query is : Resolved
dear sir,
pls tell me why we make any rental agreement for 11 months in usual practise. is there any law rearding this.
pls advice me.
sanjeev murthy desai
(Expert) 21 March 2009
Dear Prateek,
section 18 (c) of Indian Registrartion act held that the lease registration under section 17 exempted with in one year.
sanjeev desai
adv. rajeev ( rajoo )
(Expert) 21 March 2009
agreement is only for 11 months when it is 11 months it need not to be registered u/s 17 of the Indian Reg. Act. Simple agreement with conditions of both the parties are sufficient
n.k.sarin
(Expert) 21 March 2009
I agree with the opinion of Mr Sanjeev desai.
sanjay singh thakur
(Expert) 21 March 2009
Dear Prateek
As per section 17 of the Indian Registration Act,1908 if the said agreement will be for exceeding one year then it will compulsorily require registration under the Act and this is why to avoid registration agreement is normally done for 11 months.
Regards.
G. ARAVINTHAN
(Expert) 22 March 2009
Rental agreements for more than a year only need to be registered
PALNITKAR V.V.
(Expert) 22 March 2009
But now a days many of the State Laws have made registration compulsory irrespective of the period.
B.B.R.Goud.
(Expert) 22 March 2009
agreement for 11 months, entitled the exemption for registration, as per the provisions of the registration act ( u/s 17 ).
prateek saxena
(Querist) 23 March 2009
dear all,
thnx to give me ur valuable advice to me. its really helpful for me.
Again said to all of u plz in future, same give me ur advice.
prateek saxena
A. A. JOSE
(Expert) 23 March 2009
While I agree with all friends, it is also worthwhile to note that this question was previously answered.
Hiralal Das
(Expert) 06 April 2009
Thanks all of you the ld. members and the author.
I think your valuable opinions will assist everybody to solve their problem/matter in question properly.