Advise in the matter of the following, the provisions of registration of documents under the Registration Act, 1908 with reference to section applicable : Lease agreement is only for a year with a reserved rent for the p
CS Executive · Economic and Commercial Laws · PYQS · June 2019
Advise in the matter of the following, the provisions of registration of documents under the Registration Act, 1908 with reference to section applicable : Lease agreement is only for a year with a reserved rent for the period granted vis. one year.
Answer & Explanation:
If a lease is of a very high value but is neither from year to year, nor for any term exceeding one year, nor reserving a yearly rent, does not require registration of documents under Section 17(1)(d) of Registration Act, 1908.
Topics: Registration Act, 1908
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