Lease Deed (Residential)

Step 1

Complete details about the Landlord


Complete details about the Tenant


Complete details about the Lease Property

Step 5

HOW TO DRAFT RESIDENTIAL LEASE DEED BY YOUR OWN ON NYAYASEVAK ONLINE PORTAL

The laws pertaining to the transfer of property and/or the usage rights of property are covered under the Transfer of Property Act, 1882. It broadly covers various modes of transfers such as Sale, Mortgage, Exchange, Lease, Gift etc.

As per Section 105 of the Transfer of Property Act, the definition of ‘Lease’ can be understood as a transfer of a right to enjoy property for a certain time or in perpetuity; in consideration of a price paid or promised or of money, a share of crop, service or any other thing of value to be rendered periodically or on specific occasion to the Lessor by the Lessee who accepts the transfer on such terms.

WHY NYAYASEVAK

Nyayasevak has introduced this unique feature of drafting the Lease Deed by your own. Our eminent Team of experts at Nyayasevak, as soon as receives such inquiry will immediately scrutinize the said Lease Deed and contact you during the working hours and will accordingly suggest appropriate corrections, if any. Our eminent team of experts at NYAYASEVAK will assist you fully during the course of drafting the said Lease Deed.

A strong professional team, first rated human resources and modern technical support enable NYAYASEVAK, to provide legal services in a well-researched, quick, quality conscious and cost efficient manner.

FAQ

“Any rental agreement for a period beyond one year is to be registered and it is a valid document to initiate any legal action against the tenant. Any unregistered Lease agreement beyond one year period is not valid.
The term “residential lease agreement” refers to the legally binding contract made between a landlord and his tenant and contains all the terms for renting a house or apartment as a residence. This document is also known as an apartment rental agreement or a landlord-tenant lease.
Most rent agreements are signed for 11 months so that they can avoid stamp duty and other charges. According to the Registration Act, 1908, the registration of a lease agreement is mandatory if the leasing period is more than 12 months. The stamp paper can be in the name of the tenant or the landlord.

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