T.N.REDDY (Propreitor) 15 April 2022
Divya Vijayan 15 April 2022
Usually rental agreements are made for 11 months although there is no rule that you cannot go beyond 11 months but if you do that it'll cost you more like stamp duty charges etc along with that you'd have to go for a must registration process. That's why most people prefer 11 month period rather than 12 months or more.
Kindly refer to the below mentioned links:
https://www.nobroker.in/forum/can-we-extend-residential-rental-agreement-beyond-3yrs/https://www.google.com/amp/s/m.timesofindia.com/business/faqs/documents/why-rent-agreements-are-prepared-for-11-months/amp_articleshow/72451490.cms
https://www.google.com/amp/s/www.livemint.com/Money/Ddu4LdTyMEjiNOvm3Lf2oL/Why-rent-agreements-are-usually-of-11-months-only.html%3ffacet=amp
Kishor Mehta (CEO) 16 April 2022
The proper name is "Leave & License" Agreement. The laws governing this agreement differ from state to state.
P. Venu (Advocate) 16 April 2022
Yes, any suggestion depends upon the law in force in your State.