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Anonymous asked a question

Why rent agreements are only for 11 months?

Category : Property Law

views: 518followers: 1 answers: 2

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  1. 7 yrs ago

    Sir has already discussed law with you. actually every year the rent is changed by the landlord so they have to make a new agreement stating the new rent.

  2. 7 yrs ago

    Advocate Harshvardhan Sharma
    Appellate Litigation

    The section 17 of Registration Act provides leases of immovable property from year to year, or for any term exceeding one year, or reserving a yearly rent; months requires compulsory Registration. However, a lease agreement of 11 months does not require compulsory Registration which makes the process quick and easy. That is why it has become a standard process to make a rent agreement(s) for 11 months. 
     

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