Lease Deed
Introduction
India me har din hazaron log apni property rent ya lease par
dete hain. Lekin kai baar ek clear Lease Deed Agreement na hone ki wajah
se disputes ho jaate hain.
A well-drafted Lease Deed dono parties ke rights aur responsibilities ko
legally secure karta hai.
⃣
Lease Deed kya hota hai? (Meaning of Lease Deed in Hindi)
Lease Deed ek legal document hai jisme landlord (lessor) aur tenant (lessee) ke beech property use ke terms likhe hote hain — jaise rent amount, duration, aur maintenance conditions.
Main points include:
In short:
Lease Deed = Legal protection for both owner and tenant.
⃣ Lease vs Rent Agreement
|
Feature |
Lease Agreement |
Rent Agreement |
|
Duration |
Usually 1 year or more |
Usually 11 months or less |
|
Registration |
Mandatory under Registration Act |
Optional |
|
Purpose |
Long-term use (commercial/residential) |
Short-term stay |
|
Legal Value |
More binding and secure |
Comparatively flexible |
👉 NAMO Legal Labs Tip:
Agar aapka agreement 12 months se zyada ka hai, toh registration must
hai.
⃣
Important Clauses in a Lease Deed
Aapka Lease Agreement tabhi effective hota hai jab ye
clauses clearly likhe ho:
🖋️ Pro Tip: Har
clause ko simple aur clear language me likhiye.
⃣ Lease Deed Registration &
Stamp Duty
Under Section 17 of the Registration Act, 1908, agar
lease period 1 saal ya usse zyada hai toh Registration Compulsory hai.
Steps to register your lease deed:
Example: Delhi
aur Mumbai me lease registration par approx 2–5% stamp duty lagti hai.
5️⃣
Benefits of a Registered Lease Deed
✔️ Legal validity and proof of
ownership
✔️
Prevents disputes between landlord & tenant
✔️
Court me enforceable hota hai
✔️
Helps in getting bank loans or business licenses (for commercial property)
💬 NAMO Legal Labs
Suggestion: A registered lease deed = long-term peace of mind.
6️⃣ Common Mistakes jo avoid karni
chahiye
❌ Verbal lease agreements
❌
Stamp duty na dena
❌
Renewal clause miss karna
❌
Vague rent or deposit terms
✅ Always sign a legally
verified lease deed reviewed by professionals.
Conclusion – Legal
Security, Peace of Mind
Ek properly drafted aur registered Lease Deed Agreement
aapko legal clarity, financial safety, aur mental peace deta hai.
