Hi Guys,
What is different between Lease Deed and Rental Deed as per law ??
please advise..
Thank you.
Hemant Agarwal (ha21@rediffmail.com Mumbai : 9820174108) 21 September 2020
1. The difference is in the type of movable or immovable property.
Keep Smiling .... Hemant Agarwal
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kavksatyanarayana (subregistrar/supdt.(retired)) 21 September 2020
In most cases, the rental deed indicates for immovable property and people say the lease deed as a rental deed. For movable properties, it is only an Agreement. In most of the States, the lease deed is a compulsorily registerable document. For movable property, registration is optional.