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nikusoft (Mydesig)     05 April 2014

Registration of l&l agreement?

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.

https://igrmaharashtra.gov.in/FAQRegistration.aspx

Can some experts enlighten me what's their view?

Many Thanks...
Niks 



Learning

 1 Replies

nikusoft (Mydesig)     05 April 2014

forgot to mention that the property is @ Thane, Maharashtra.


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