Cost, convenience, and validity: Why 11-month agreements are a norm in India
Rental agreements in India commonly last 11 months to bypass mandatory registration for longer terms, as per the Registration Act, 1908. This avoids additional stamp
Rental agreements in India commonly last 11 months to bypass mandatory registration for longer terms, as per the Registration Act, 1908. This avoids additional stamp duty and registration fees, making the process more cost-effective and convenient for both landlords and tenants. Even unregistered, these agreements are legally valid if on stamp paper, offering a crucial record of tenancy terms.
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