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

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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.