Legal Question in Landlord & Tenant Law in India
i want to rent out my shop on " leave & license" basis in kolkata , West Bengal , for 3 years.yearly rent is IRs 1.8 lac
my query is
1, Agreement for 3 year is permissible in Law ?
2. whether i have to register this Agreement ? if yes at what cost ?
3.under which Act this agreement will be governed in west bengal ?
Asked on 11/06/12, 8:39 pm
1 Answer from Attorneys
Sanjay Kalra
Sanjay Kalra & Associates
The answer to your questions are here in below :-
1) Yes
2) It is advisable to get your lease Deed registered . 1% of annual rent and normally paid by the tenant.
3) Transfer of Property Act.
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.
Answered on 11/07/12, 12:41 am
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