Lease deed
Bhupender
(Querist) 08 November 2017
This query is : Resolved
Dear Sir,
I have a commercial property which was leased and the lease period has expired and the lessee was to extend the lease period further for one year. I would like to know whether I can renew this lease or I have to enter into fresh lease deed.
Thanking You,
Bhupender Singh
Vijay Raj Mahajan
(Expert) 08 November 2017
Fresh lease deed is better option and if it is for more than 11 months it should be registered with sub-registrar of the district.
Rajendra K Goyal
(Expert) 08 November 2017
It is better to enter into a fresh lease deed.
Ms.Usha Kapoor
(Expert) 09 November 2017
Since the original lesase period has expired it is better you either renew or enter intio a fresh lease deed.
Ms.Usha Kapoor
(Expert) 09 November 2017
If you appreciate my above answer please give me likes.