Why is rental agreement only for 11 months ?
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Answered on February 03,2018
It is a convention that is being followed by landowners to seal rental/lease agreements only for 11 months so as to avoid registration of the agreement with the local competent authorities. Earlier rental agreements were required to be registered only if the tenure was more than 11 months but now according to the new Rental Control Act, it is mandatory to register a rent agreement in order to make it valid. Hence, a landlord is under an obligation to get the rent agreement registered.
It is a convention that is being followed by landowners to seal rental/lease agreements only for 11 months so as to avoid registration of the agreement with the local competent authorities. Earlier rental agreements were required to be registered only if the tenure was more than 11 months but now according to the new Rental Control Act, it is mandatory to register a rent agreement in order to make it valid. Hence, a landlord is under an obligation to get the rent agreement registered.