a residential lease deed is a document that outlines the rights and responsibilities of a landlord and tenant when a residential property is being rented. in a lease, basic information about the rental property – such as rent payments, security deposit information, charges for maintenance and utilities etc.- will be listed by the landlord such that the tenants are aware of their obligations. it is important to note that if the period of lease is more than 11 months, the lease deed needs to be registered before the jurisdictional sub-registrar as per the terms of the registration act, 1908. if the lease deed is not registered, it will not be admissible as evidence in case a dispute arises between the parties to the lease. in this document, all basic information, such as tenant and landlord names, addresses, and dates of the lease can be listed. in this lease deed, it is possible to specify what the tenant can and can’t do.
the value of the stamp paper would depend on the state in which it is executed as well as the duration of the lease and the lease rent. each state in india has provisions in respect of the amount of stamp duty payable on the lease deed and the same would need to be determined based on the specific facts of the case. pursuant thereto, the lease deed would need to be registered if, the period of lease is more than 11 months. lease deeds in india may be subject to the rent control laws of individual states. however, leases for a duration of 11 months or less do not need to be registered with the sub-registrar. it would be useful to note that it is required to carry out police verification of tenants in some states in india, prior to giving the residential property on lease to such tenants.
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the lessee shall be at liberty to under-lease / sub-lease the `said premises’ or part thereof to any of its subsidiaries or to any other party. 8. the lessee now this deed witnesseth as follows: page 2. 1. in pursuance of the said agreement and in consideration of the rent hereby granted and the lessee’s covenants the possession of the apartment/ leased property has been handed over by the. lessor to the lessee in a state acceptable to the lessee, simultaneously with the., lease deed example, lease deed example, lease deed format word, lease deed format for land, lease deed format for house.
the lessor hereby demises to the lessee all that dwelling house with the land fully described in the schedule hereto together with all out-houses, a residential lease deed is a document that outlines the rights and responsibilities of a landlord and tenant when a residential property is being rented. landlord, in consideration of the covenants and agreements to be performed by tenant, and upon the terms and conditions of this lease, does hereby rent and, simple lease deed format, lease deed format for shop pdf, land lease deed format in word, lease deed format for shop, lease deed registration, lease deed of immovable property draft, lease deed format download, types of lease deed, lease deed format for agricultural land, lease deed format for office premises.
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