11-Month Rent Agreement Explained: The Real Reason

Ever wondered why rent agreements in India are almost always for 11 months instead of 12?

Here’s the secret
✔ A 12-month contract becomes a lease agreement → needs compulsory registration, stamp duty & higher legal costs.
✔ An 11-month contract falls under Leave & License → simpler, cheaper, and gives flexibility to renew or exit.
✔ Even without registration, it’s still legally valid under the Indian Contract Act and accepted by courts.

In short:
12 months = More cost, more paperwork.
11 months = Saves money + Flexible + Legally valid.

That’s why the 11-month standard has become the smart choice in India

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Видео 11-Month Rent Agreement Explained: The Real Reason канала Square Yards