Leave & license agreement
nikusoft
(Querist) 05 April 2014
This query is : Resolved
Dear Property Laweyrs & Experts,
Need advice if registration of Leave & License agreement is necessary if tenure is < 1 year.
I get confusing & contradictory answers.
When I tried to gather info, I found that, as per Maharashtra Rent Control Act 1999 clause 55. Tenancy agreement to be compulsorily registered under the Registration Act 1908.
Now, Registration Act section 17 & section 18 seems to be stating that Lease of immovable property term less than 1 year is not compulsory to register.
http://igrmaharashtra.gov.in/FAQRegistration.aspx
Can some experts enlighten me what's their view?
Many Thanks...
Niks
ajay sethi
(Expert) 05 April 2014
in maharashtra it is necessary to register the agreement . section 55 of rent control act provides inter alia registration is mandatory requirement
Rajendra K Goyal
(Expert) 05 April 2014
Agree with the advise of expert ajay sethi ji.
nikusoft
(Querist) 05 April 2014
Thanks Ajayji & Rajendraji
ajay sethi
(Expert) 05 April 2014
thanks for your appreciation