Leave & Licence Agreement
Pawan Patil
(Querist) 03 July 2010
This query is : Resolved
Hi all,
I have given a duplex on rent at Akola in Maharashtra for Rs. 2100/-.& no deposit taken from tenant.
I have taken signed on leave & license Agreement on 100/- stamp Paper for 11 months.
I know that it should be compulsory register the agreement in Maharashtra. But I heart that it registration cost will be high Rs. 3000/-
If I do not register that document, what consequences I have to face?
I also know If I do not register that document, I have to pay penalty as Rs. 5000/-. After payment of penalty can I get right as good as licensor if any controversy rise in future.
Please help me.
Regards, Pawan
DEFENSE ADVOCATE.-firmaction@g
(Expert) 03 July 2010
Well if you are in good terms with your tanent and want to extend the period of lease than you can start with a fresh lease for next period.
Raj Kumar Makkad
(Expert) 03 July 2010
You have already told the consequences of non-registration but the last question is whether after paying the penalty you get right to be treated as absolute lincensor or not?
In my opinion no. Any penalty is meant to teach something against breaking of law but such penalty do not legalize the violation so better you get registered it.
