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A lease means transferring the possession of the property for fixed time period and consideration. Lease doesn’t transfer the ownership of the property it transfers the right to enjoy the property.
A lease deed is written legal document using which lease agreement is executed. A lease deed grants the legality to the lease agreement between two parties to get recognized in the court. Lease deed need to be registered in case the tenure is above 1 year.
A lease deed is a legal document that outlines the terms and conditions of a rental agreement, and registering it provides both parties with a legally binding contract that can be enforced in court. By registering your lease deed, you'll also have proof of your ownership or tenancy rights, which can help prevent disputes and ensure a smoother rental experience.
The registration of deed helps in protection of right and interest of the owner.
The registered deed provides legal backing to the owner and tenant in case of any legal dispute.
The registered lease deed works as a form of evidence in court in case of legal disputes
The rent deed when registered provide security in recovery of rent in case of unpaid rent.
ID Proof of landlord and tenant
Address proof of authorised signatory from both parties
Passport sized photograph of authorised person from both parties
Company PAN and stamp (for commercial property)
The original proof of ownership
Property documents like tax receipt, rental agreement
Rout map of the property