whether lease deed for a period of 12 months should be registered or not?
adv. rajeev ( rajoo ) (practicing advocate) 13 November 2010
It is not for 12 months but it is for 11 months, It should compulosry registrable document.
DEFENSE ADVOCATE.-firmaction@g (POWER OF DEFENSE IS IMMENSE ) 13 November 2010
Pl give provision.
M.Iqbal Khan Advocate (CEO) 14 November 2010
If the lease is less than 12 month then it is not necessary to get registered. But if it is more then 11 month than you should have to registered before the sub-registrar concern
Elamaran Perumal (Law Officer) 19 November 2010
Hi Mr Ganesh,
According to Sec. 17 of Registration Act-1908, any lease exceeding 11 months has to be compulsorily registered. If you do not register it, it will have no evidentiary value in the eye of law. It will not be admitted as evidence in the court.
P.Elamaran
Bobby Mani T (Lawyer) 17 December 2010
perumal Sir is very correct and to the point and quoted the correct provision of law. Every lease agreement beyond one year are compulsarily registrable. that is the reason why eve\ry one go for lease for 11 months. Even if written for 11 months you should comply with stamp Act.
M.Iqbal Khan Advocate (CEO) 18 December 2010
Yes I am agree with Mr Elamaran Perumal.
Member Strength 9,47,820 and growing..
© 2024 LAWyersclubindia.com. Let us grow stronger by mutual exchange of knowledge.
