Is It Mandatory To Register Lease Deeds for 99 years? | askHousing: 'Lease Deeds' | Housing.com

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What is lease deed?

Why are lease deeds registered for 99 years?

Lease deed kyon create karni hoti hai?

What is a lease agreement?

Lease deed kis time period ke liye create ki jati hai?

What is the difference between a lease agreement and a lease deed?

Lease deed mei kya kya mention kiya jata hai?

Watch this video and read the article given below to know more about the lease deeds in India.

Registration Act, 1908 ke according, any property being leased for residential, commercial, cultivation, hereditary allowances or fisheries purposes, should be registered, agar lease period is more than 11 months. The law is applicable to all states (except Jammu and Kashmir).

Wondering, Why lease deeds are for 99 years?

Jab development authority ya municipal body development rights allot karti hai to the builder or a trust, it is usually for a lease of 99 years.

Long-term leases control karti hai transfer of land and its uses ke liye. Is time span ko safe interval choice mana jata hai, given that it will cover the lifespan of the lessee and will safeguard the ownership of the lessor. Usually, aisi long leases ko renew kiya jata hai upon expiry of the lease period.

We hope you enjoyed the interaction with Isha Bhalla & let us know what else you have in mind in the comments section.

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2 سال پیش در تاریخ 1401/10/16 منتشر شده است.
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