Registration of service agreement
i will be leasing out a small commercial area on rent.
i am told to do two agreements one of lease rent and other of service amenities.
will be registering the rent agreemt ,but do i need to register the amenities agreement by law?
Asked in Property Law from Mumbai, Maharashtra
Hi, Both of them has to registered before the Sub-Registrar in order to protect your interest.
It does not require compulsorily registration. The mere execution through signatures of both parties will bind both of them,
1) enter into one agreement only have it duly stamped and regd
2) if yiu are entering into 2 separate agreements advisable to register services agreement
Its depend on the period of the agreement if the period is more then 11 months then it is mandatory to registration of agreement, it will be better to get registered the agreement for service amenities too otherwise in future it may be possible that the opposite party will not be follow that agreement. if the agreement will be registered then he will be bound to follow the terms and condition of the agreement either self or by court order.
Feel free to Call
Advocate, New Delhi
Th lease agreement may be registered as per law.
If there is an insistence about the provision of amenities, it may or may not be registered, leave it to the discretion of the lessee.
no need to register amenities deed because it is part and parcel of the rent agreement.
land lord is bound to provide all the amenities necessary for the human dwelling. if you provide extra facilities then you should mentioned it into lease agreement.