Leave & License Agreement / Lease Agreement

Querist : Anonymous (Querist) 28 June 2010 This query is : Resolved
Dear Sir/s,

I shall be thankful to you all if you can give me some important information with regards to the minimum & maximum period of L.L.A and/or Lease Agreement period in State of Kerala.

1] As in Maharashatra L.L.A. can be for maiximum 60 months _ What about in Kerala is it only for less than year or more up to 36 months or more?

2] What is minimum period of Lease ??

3] Is there provision for the Stamp duty payment on Leave and License Agreement and Lease Agreement ??

4] At what rate the Stamp duty has to be paid ?

5] I want to give my Shop/commercial place for 3 /6/9 years which document I should prepare to give my place ??

I Thank you all in advance for your kind guidance render to me.

Thank you all

Regards.

Bharat Gala

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Uma parameswaran (Expert) 29 June 2010
As per my view there is no L.L.A is existing in Kerala.Usually Lease agreements executed for 11 months or more.

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