lease for 30 point
jayantha
(Querist) 28 September 2016
This query is : Resolved
Some builder is asking my land for 30 years lease,by giving monthly rent,(for construction of warehouse)my lawyer advised not to give for 30 years its so long period,my question is
1)is there any problm if i give for 30 years lease?
2)what is law point which has to be included in lease deed so as lesse should vacate immediately after 30 years?
Raj Kumar Makkad
(Expert) 28 September 2016
1. Every aspect has plus and minus both points. You have to decide it. The property shall get changed its nature if the same is agricultural and sometimes, it remains difficult to get vacated after expiry of lease-period.
2. You can be got benefitted with the following format :
file:///C:/Users/Raj%20Kumar%20Makkad/Downloads/LEASE%20DEED%20FORMAT.pdf
kavksatyanarayana
(Expert) 28 September 2016
Generally, it is not advisable. but if the lease deed is executed with a compulsory condition that "the leased property should be vacated immediately after completion of 30 years" and the period "will not be extended" under any circumstances. and the document must be registered in Registrar office.
Raj Kumar Makkad
(Expert) 28 September 2016
Lease of immovable property beyond the period of 11 months is compulsorily registrable.
jayantha
(Querist) 29 September 2016
Sir i have a request,the lease deed format is not downloading,if possible please send me jayantharya9@gmail.com it is very much required for me,please share me
Raj Kumar Makkad
(Expert) 29 September 2016
it shall be better to avail the services of either local lawyer or document writer as format is just for guidelines.
Rajendra K Goyal
(Expert) 01 October 2016
If possible, avoid such a long period lease.
Rajendra K Goyal
(Expert) 01 October 2016
Formats / drafts / samples not provided in this section.
Raj Kumar Makkad
(Expert) 01 October 2016
There is no harm in leasing the property even for a long period but the terms and conditions should be very specific and wisely drafted so that you may not face any legal problem at the relevant time of expiry of its period.
