Lease & Rent Agreement Services in India
A Lease Agreement or Rent Agreement is a legally binding contract between a landlord (lessor) and a tenant (lessee) that outlines the terms and conditions under which a property is rented. It serves as crucial protection for both parties and defines rights, responsibilities, rent amount, duration, and other important conditions.
At Mundra Legal Consultants, we provide comprehensive lease and rent agreement services across India — from drafting customized agreements to registration, renewal, and dispute resolution.
What is a Lease Agreement
A lease agreement is a legal document defining property rental terms. Key types include residential lease, commercial lease, leave and license, and sublease agreements.
Important: Lease agreements exceeding 11 months must be registered under the Registration Act, 1908.
Legal Framework
Governed by the Transfer of Property Act 1882, Registration Act 1908, Indian Contract Act 1872, and state-specific rent control laws.
Types of Lease Agreements
We handle all types: residential, commercial, industrial, leave and license, sublease, and specialized rental agreements.
Essential Clauses
Every lease should include party details, property description, tenure, rent amount, security deposit, maintenance terms, and termination conditions.
Documents Required
ID proofs, address proofs, property documents, NOCs, PAN cards, and bank details from both parties.
Registration Process
We assist with drafting, review, stamp duty payment, execution, and registration at Sub-Registrar's office.
Stamp Duty & Fees
Stamp duty varies by state (2-7% of annual rent). Registration fees typically ₹500-5000.
Benefits
Legal protection, evidence in disputes, clarity on terms, enforceability, and peace of mind for both parties.
FAQs
Is registration mandatory?
Yes, for leases exceeding 11 months as per Registration Act, 1908.
What is stamp duty?
State tax on lease documents, typically 2-7% of annual rent value.
Contact Mundra Legal Consultants today for expert lease agreement services!