Time Limit For Registration Of Lease Agreement

If the tenant applies for registration at the end of the two months, the cadastre may extend the period by two months if it considers that there is an important reason in this regard. In our experience, it is unlikely that the cadastre will prevent late registration as long as the lease expires at least seven years from the date of the application. In special cases, if a party to the transaction cannot go to the sub-registry office, the sub-register may order each of its officials to accept the registration documents at that person`s home. The term “immovable property” covers land, buildings and all rights related to such immovable property. In accordance with Section 17 of the Registration Act 1908, all transactions involving the sale of real estate for a value greater than Rs 100 should be recorded. . . .