Saturday, August 17, 2024

Why is house rent agreement only for 11 months ??

 In our country, many people go to other cities in search of job.


At that time,  they will opt for rented house.


Because they will not be sure of future.  Who knows if they go for the job in some other city ??


That's why people go for rental houses.


But  when we decide to go for a rental house, the landlord will prepare an agreement.


In the agreement, terms and conditions would be notified. 


This agreement is only for 11 months.  Why ???


According to registration bill  1908,  we must register the property if we are using it for 1 year or more.


Registering a property means going to sub registrar's office and indulge in legal activities.


This process is time consuming........


That's why rental agreement is done only for 11 months. 

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