I own a residential flat in Pune (Maharashtra) which I have given on rent.
We have signed Leave & license agreement (of 11 months) on Rs. 500 Non Judicial stamp paper and notorised it.
Is it required to be registered ?
If yes, what would be the consequences if not registered ?
What options do I have if the Licensee refuse to vacate the flat after expiry of this agreement (i.e. after 11 months) ?
If I will have to file the case / suit against Licensee,
a) what would be the chances of getting my flat back ?
b) tentative time period required for case judgement ?
c) approximate expenses (court fee, lawyer fees, etc.) will I have to bear ?
d) approximate expenses (court fee, lawyer fees, etc.) will the Licensee / defendant has to bear ?
Answered on: 8/16/13, 9:34 am by Fca Prashant Chavan
Dear Sir / Madam,
Stamp Duty of Rs. 1,200/- (Rupees One Thousand Two Hundred Only) is payable on an Agreement for Leave and License (ALL) of 11 months duration in Maharashtra. Registration of a Will less than or equal to one year's duration is optional. A Licensee is deemed to be a trespasser in the flat after the expiry of the ALL tenure.
Did you find this answer helpful?
0 Users found this answer helpful.
0 Attorneys agree with this answer.
Expert Edge LLP firstname.lastname@example.org "educated Indians Must Vote", Mumbai 52► Other answers from this attorney