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Lease Deed Registration & Stamping in India

Overview

A Lease Deed sets out the terms and conditions of the arrangement between the landlord and the tenant and provides for the rights and obligations of both parties. MyAdvo will help you draft and register a Lease Deed through an expert property lawyer.

Steps involved in drafting and registration of Lease Deed

Understanding your requirement
MyAdvo will share a questionnaire to understand your requirements.
Drafting
Based on your responses, the lawyer will draft the Lease Deed within 3 working days for your review and approval.
Printing of Lease Deed
Post approval, the Lease Deed will be printed on Non Judicial Stamp Paper.
Fixing an appointment with the sub-registrar
The lawyer will take an appointment with the sub-registrar’s office under whose jurisdiction the property is situated.
Registration of Lease Deed
You along with two witnesses and the lawyer will visit the office of the sub-registrar to sign the document and get it registered by paying the registration fees.
Registered Lease Deed
Once the deed is signed and registration charges are paid, the registered lease deed shall be issued by the sub-registrar's office.

Why MyAdvo?

Pool of expert property lawyers who have experience in drafting and registration of Lease Deed
Dedicated case manager to provide you with timely updates
Payment is fixed in the beginning and you are not hassled by the lawyer
Dedicated portal to manage your documents and communicating directly with the lawyer

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Property Due Diligence to Minimize Risks

Before investing in a property, it is highly recommended to get a due-diligence conducted of the property to minimize risks. MyAdvo can assist in conducting due diligence of the property through expert diligence professionals.

 

Types of Due Diligence

Depending upon the nature of the transaction and the property involved, due diligence can be either:

1.    Full Search (tenure of search is usually between past 30 years to 99 years)

  • Recommended for sale, resale, long term lease transactions and transactions that involve obtaining financial loans against the property.

2.    Limited Search (tenure of search is restricted to past 15 years)

  • Recommended for short term rental/lease transactions.

The diligence for both the methods involves a rigorous search of all components of a real estate property and carried out comprehensively. The only difference being the tenure for which the search is done.

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Legal Heir Certificate

When a family member passes away, the legal heir of the deceased can apply for a legal heir certificate. The certificate is used for inheriting property left behind by the dead person. It is also used for claims of insurance, retirement benefit, pension, gratuity and provident fund. MyAdvo will help you obtain legal heir certificate through an expert lawyer.

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Frequently Asked Questions