Hi,
A property that is leased for a year must be registered in accordance with the criteria of the Registration Act of 1908. Rent agreements are typically written for a term of eleven months in order to avoid the tedious process of registration, and stamp duty charges. However, residential leases can range in duration from 11 months to 5 years or more.
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Why are rent agreements for residential property generally for 11 months in India? Why not for a longer period?
Kiranreddy
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5 Year
2020-08-29T12:00:56+00:00 2023-07-05T20:48:20+00:00Comment
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