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A lease deed is a fundamental legal document that governs the contractual relationship between a landlord and a tenant. It establishes the rights, responsibilities, and obligations of both parties, ensuring clarity and legal protection in property leasing transactions. Whether you are a property owner seeking to lease your premises or a tenant looking to secure a rental agreement, understanding the critical aspects of a lease deed is crucial. This article delves into the essential components of a lease deed, key legal considerations, and the implications of non-compliance, providing a comprehensive guide to navigating lease agreements effectively.
Lease deed is an agreement that is used for the purpose of renting the property from the owner to the individual or group[ of individuals, the agreement consist of different terms and conditions of the agreement, it also conveys the rights and liabilities of both the parties, this deed also consist of details of the property, owner details, details of the tenant, and the deed should be printed on the appropriate valued stamp paper And get the deed registered by paying the appropriate registration fee.