1. An unregord rental right does not create a legal relationship between the lessor and the taker. The court will follow the law. It is not for the court to authorize or prohibit the owner from recording the facts with or without penalty. Hello, Suppose you rely on the agreement in court, then you have to pay stamp duty and if the tenant has the relay on the contract, then the tenant must pay the stamp duty. 1) it is at the discretion of muncipal Corporation to extend the right of credit or non-stamp duty, will be paid in the manner established by applicable stamp laws of the State in India, where the property is located for the execution of a lease agreement. According to the Indian Constitution, stamp duty on these instruments is a “state issue” and the applicable stamp duty may therefore vary from state to state. The concept that the tenant has an advantage over the landlord is then that the lease is registered, where the rental rights are legally created. Currently, all leases of registered land lasting more than seven years must be registered on the land registry to ensure that the new tenant is entitled to the right. It should be noted that there are plans to reduce this period to three years in the future.
1) Unregsitered Leasing-Deed is inadmissible in evidence I am in Karanataka , the registration law must deviate A real estate lease is a transfer of a right to benefit from such property, for a period of time, expressly or implicitly or permanently, taking into account a price or money paid or promised, a share of crops, services or other value provided regularly or on certain occasions by the ceding who accepts the transfer under these conditions. It is obligatory to pay stamp duty on leases and registration if the duration of the lease is longer than one year. Any unregistered rental agreement is only valid for 3 years, and it is a valid document to take legal action against the tenant and registration is optional. “Documents that must be registered must be provided within four months of the date of their execution, along with the necessary fee. Once the time has elapsed, you can apply to deduct the delay in the sub-registry within the next four months and the Registrar can accept the registration of these documents for a fine of up to 10 times the original registration fee. The registration fee for real estate documents is 1% of the value of the property, subject to a maximum of Rs 30,000. To avoid these fees, many landlords and tenants mutually agree not to register the agreements. If you want to register a rental agreement, tenants and landlords can agree to share their costs.
2) Registration of rental-deed is mandatory 2) to your specific request i said registration cannot be made after 3 years. In my previous speeches, I had expressly stated that registration must take place within four months and with an 8-month penalty A rental contract on a stamp paper is not applicable if it is not registered with a sub-registration office. That is why we have an obligation to note the same thing in a sub-chancellorship function in order to make it legally enforceable in the event of a dispute. 1. The rental obligation had to be registered if the duration is 4 years, otherwise you do not have the protection of the law on rent control. The agreement may be registered after the statutory period of 6 months has expired by the payment of stamp duty and the penalty to be quantified by the Registrar.