For those who are unaware, a Leave and License Agreement is a contract between the landlord and the tenant that allows the tenant to occupy the property temporarily. The agreement specifies the terms and conditions under which the tenant can use the property and outlines the responsibilities of both parties during the tenancy period. In India, registration of the Leave and License Agreement is mandatory under the Maharashtra Rent Control Act, 1999, if the tenancy period is more than 11 months. In this article, we will discuss the process of Leave and License Agreement registration online.
Why is Leave and License Agreement registration necessary?
Leave and License Agreement registration ensures that the agreement is legally valid and enforceable. It gives a legal backing to the agreement and protects both parties in case of a dispute. The agreement must be registered with the sub-registrar`s office within four months of its execution. Failure to register the agreement can result in legal repercussions for both parties.
How to register Leave and License Agreement online?
The Maharashtra government has introduced an online registration process for Leave and License Agreements. Here are the steps to follow for online registration:
Step 1: Visit the official website of the Department of Registration and Stamps.
Step 2: Click on the “E-registration” tab on the homepage and select “Leave and License Agreement” from the dropdown menu.
Step 3: Fill in the details of the agreement such as the name and address of the landlord and the tenant, the rent amount, the tenancy period, and other necessary details.
Step 4: Upload all the required documents, including the agreement, the landlord`s property documents, and the tenant`s identity proof.
Step 5: Pay the registration fees online.
Step 6: Submit the application form.
Once the application is submitted, it will be processed by the sub-registrar`s office. After verification of the documents, the agreement will be registered, and the parties will receive a copy of the registered agreement. The entire process usually takes around 2-3 working days.
Leave and License Agreement registration is a crucial step in ensuring that both parties are protected legally. The online registration process has made it easier and more convenient for landlords and tenants to register their agreements. It saves time and effort and is a hassle-free process. Therefore, if you are a landlord or a tenant who has entered into a Leave and License Agreement, make sure to get it registered online to avoid any legal problems in the future.