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Why Make A 11 Month Rental Agreement?



Ever wondered why your landlord wants you to sign a 11-month rental agreement? Why 11-months after all, why not just get it done for the year? What’s the big deal, it’s only a matter of a month right?

We are here to answer your questions about the 11-month Rental Agreement.

Essence Of A Rental Agreement

A rental agreement is a document that defines the legal relationship between a landlord and a tenant. It sets out certain obligations of each party and also acts as an evidence, in case any dispute arises regarding the property. A rental agreement contains the duties and responsibilities of all the parties concerned. A good rental agreement should ideally specify the names of the parties living in the building and clearly mention the date of the rental period, that is, contain the tenure of tenancy. Specific dates from which date to which the lease of the agreement would be valid have to be mentioned here. Some agreements also go the extra step and mention the common duties of all the tenants towards each other and the landlord too. The more detailed a rental agreement is, the better chances of reducing liability of the parties and also having a solid legal backing.

Reason For Making A 11-Month Agreement

If a rental agreement is set out for a period of 12 months or more it needs to be registered and hence, to avoid the lengthy process of registering the agreement, most people go in for 11-month agreements which is the cusp between having the agreement registered and having a document that is recognized by the law.

Planning On Signing A 11 Month Agreement?

The 11-month agreement is currently subject to a lot of scrutiny. It needs to be mentioned that such rental agreements are usually made in favour of residential property rather than commercial property as they have a longer lease period and such documents are mandatory required to be registered.

This Is When Aayinimantra Steps In

We are here to help you create a legally valid rental agreement. Not only that, our services also extend to offering you a plethora of legal documents that are customized for your needs. Our service is cost effective , convenient and will definitely prove to be highly efficient and time-saving. So stop waiting around at your lawyer’s office and just contact at  Aayinimantra.



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