RENT AGREEMENT

[DURGAVADHYULA SUBBA RAO]

Dear Sir,

For an individual possessing own house and intends to let out on rental basis,

which of the following agreements are suitable. Kindly deliberate on this issue.

1.  LEASE AGREEMENT

2. TENANCY AGREEMENT

3.  LICENCE AGREEMENT

Whether these agreements can be enforceable under law.  Out of the above 3 agreements, which one do you suggest to be the best. What is the minimum and maximum stamp duty (for Andhra Pradesh).

Whether this agreement is required to be registered with Registration Dept. ?

There are some litigants who drag on the case years and decades and creates problems to landlords. In such a case is there any law restricting the tenant to vacate the house within a reasonable period say 1 to 3 months period ?  Since owners are facing problems inspite of entering into agreement with tenants on stamp paper.

Shall be grateful for an early reply. Best Regards.  D.SUBBA RAO

AI Summary

Choosing the Right Rental Agreement: Lease vs Tenancy vs License, Stamp Duty & Quick Eviction Options in AP An individual inquires about the most suitable rental agreement for letting out a house, considering lease, tenancy, and license agreements. They seek advice on enforceability, stamp duty in Andhra Pradesh, and registration requirements. Concerns are raised about tenants prolonging disputes, and the possibility of legal provisions for eviction within 1 to 3 months is questioned. The response indicates that all three agreements are similar under the law. It advises including a clause for renewal on mutual terms and allowing the owner to conduct repairs during the lease, with rights to access the property during the day.