Legal Question in Real Estate Law in India

I want to give a shop on rent for commercial use. I am living in Nagpur (Maharashtra). Can I give my shop for three years by signing Leave and License aggrement. Is it compulsory to register this aggrement or can give the same on rent without registering leave and license in order to save stamp duty and registration charges. Further for how much period this leave and license aggrement be made?


Asked on 10/04/12, 11:42 pm

2 Answers from Attorneys
Sanjay Kalra Sanjay Kalra & Associates

It is always advisable to get the lease or license deed registered . It gives right to both owner/landlord and tenant to know the period and the conditions attached in the deed. Please check Sanjay Kalra and Associates on the internet to know more about our law firm and the legal services we are rendering for our clients from all over the World.

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Answered on 10/05/12, 12:36 am
Shrichand Nahar S.V.Nahar, Advocate

A leave and license may be made for 3 years.

It is compulsorily registrable in Maharashtra.

Rent and Leave & License have different legal consequences, be guided by your lawyer with all the details and documents.

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Answered on 10/08/12, 3:09 am


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