Lease Deed – Residential

What is a Lease Deed?

A Lease deed is designed for renting or leasing residential property. The apartment settlement or lease deed is a prison report which lays out the prescribed phrases and conditions under which the rented property is leased out that is to be followed between the landlord and the tenant.
 

How to use a Lease Deed?

The leas agreement is used within the instances of any dispute or any other problems by way of the lessor or the lessee. The apartment agreement ought to be published on a Non-Judicial Stamp Paper with a price of Rs.100/- or more. The rental agreement is normally signed on price of a deposit for the apartment belongings among the lessor and the lessee. Two copies of the document are generally performed, with each celebration maintaining one of the unique copies.

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