The Agreement. Eleven months, and the reason for it.
Front
The Agreement
Eleven months, and the reason for it
The written terms of a deal, and the formalities that make them stick.
Back
Rental agreements in India are almost always written for eleven months. The reason is purely procedural: a lease of a year or more must be registered and attracts higher stamp duty, and eleven months avoids both. It is a neat example of a rule quietly shaping ordinary life while nobody explains it.
- Stamp duty is the tax that makes a document admissible as evidence. An unstamped agreement is weakest in court at exactly the moment you need it.
- Read what it says about the deposit, the notice period, and who pays for repairs. Those three clauses cause most rental disputes.
The Indian Stamp Act, 1899
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