Rent agreement is a kind of contract, which contains the rent amount, security, rent period, repairs and other conditions. Usually this rent agreement is made for only 11 months.
Rent Agreement: There are many people who do not have their own house and they live by renting a house. At the same time, some people go from small cities to big cities for jobs and then they need a rented house. While taking a house on rent, there is an agreement between the tenant and the landlord, which is called rent agreement. This is a kind of contract, which contains the rent amount, security, rent period, repairs and other conditions. Usually this rent agreement is made for only 11 months. But why is its duration fixed at 11 months only? Know the reason here.
What does the law say
Section 17 of the Registration Act, 1908 says that if the rent agreement is made for less than 12 months, then its registration is not required, that is, both the landlord and the tenant are saved from paperwork. But if the agreement is for more than 12 months, then the documents have to be submitted to the sub-registrar’s office and registration has to be done. For this, registration charge and stamp duty also have to be paid. But by making an agreement for less than 12 months, both the landlord and the tenant are saved from these hassles.
11-month agreement is in favor of the landlord
11-month rent agreement is in favor of the landlord. In an 11-month agreement, the landlord gets a chance to increase the rent. Apart from this, there is no scope for the matter to go to court in case of a dispute. In such a situation, the landlord’s property remains safe. If he wants, he can ask the tenant to vacate the house. The tenants also have the freedom to change the house if they do not like it.
Long term agreement comes under Rent Tenancy Act
If the duration of the rent agreement is for a longer period, then it comes under Rent Tenancy Act. The tenant can get long term benefits from this. In such a situation, if there is any kind of dispute, the matter can reach the court and the court has the right to fix the rent. In such a situation, the landlord cannot charge more rent from him.
