CV Balasubramanyam (Army Officer) 04 July 2011

About Rent and Lease

Hello, all experts out there. I own a flat in Gurgaon Sector-49, which I Got from Army Welfare Housing Organization. It is an Army Society. I need to know the following, since I am a Newbie at this.

1. I have to put this flat on rent/lease.

2. What kind of stamp paper is required?, if I have to lease it for a period of 11 months.

3. Do I need to register with the subregistrar, or a Notary stamping will do?

4. What is the legality of these documents? Registered vs Notarized.

5. Is there anything like a Rent Control act in Haryana?

6. What other documentation will I require?

Thanks in advance for all your advice

Reply Follow

1 Replies

Bobby Mani T (Lawyer) 07 July 2011

you better consult a lawyer who practice at Haryana to know about the position of rent control act prevailing there. as for amount of stamp paper, the stamp act says it is the same as bottomry bond. the amount is to be calculated with regard to the amount of rent payable for the total eleven or any duration of time you enter into contract, and further if your agreement is for more than one year then you are bound to register your deed.