Home |Rental Agreement | Why is rental agreement only for 11 months ?

Why is rental agreement only for 11 months ?

Answer Notify Me - 1 Notifying - 2



Costa Costa
Answered on February 03,2018

It is a convention that is being followed by landowners to seal rental/lease agreements only for 11 months so as to avoid registration of the agreement with the local competent authorities. Earlier rental agreements were required to be registered only if the tenure was more than 11 months but now according to the new Rental Control Act, it is mandatory to register a rent agreement in order to make it valid. Hence, a landlord is under an obligation to get the rent agreement registered. 

It is a convention that is being followed by landowners to seal rental/lease agreements only for 11 months so as to avoid registration of the agreement with the local competent authorities. Earlier rental agreements were required to be registered only if the tenure was more than 11 months but now according to the new Rental Control Act, it is mandatory to register a rent agreement in order to make it valid. Hence, a landlord is under an obligation to get the rent agreement registered.

Clap Clap 227
Share Share Answer Share Share
Views 440 views
tesz.in
Hey , can you help?
Answer this question

    • Related Questions