Is an 11-month rental agreement valid?
Answered on April 27,2022
Yes,
11-month rental agreement is valid
Most people do 11 month rental agreement to avoid registration cost. If rental agreement exceeds more than 11 months. Agreement needs to be registered. A register agreement incurs additional cost of stamp duty and registration fee.
In order to avoid registration fee, Most rental agreement are done for 11 months. However, you have option to renew the rental agreement post 11 months.
11 months rental agreement is legal and accepted as evidence in court,
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Answered on December 31,2019
It is completely legal and valid to prepare a 11-month rent agreement in India. Such rental agreements are completely authentic and can also be present in the court as a piece of evidence.
As a matter of fact, most of the people (be it the tenant or the landlord) opt for an 11-month rent agreement because of its subtleness and affordability. This means that if a rent agreement is made for more than 12 months, it becomes mandatory to get it registered with the local authority. An 11-month rental agreement, on the other hand, dodges the complexity of registration, making the process simpler for both, the tenant and the landlord. In addition, when drafting an 11-month rent agreement, tenants do not have to bear the registration cost, making the process much cost-effective.