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Last updated: 2 October 2026
A lease or rent agreement fixes rent, deposit, maintenance, lock-in and exit terms for an office, shop, warehouse or home. Expertvuw’s team drafts lease and leave-and-licence agreements and guides you on stamp duty and registration in your state.
A lease transfers the right to use immovable property for a period in return for rent, governed by the Transfer of Property Act, 1882. A leave-and-licence agreement gives permission to occupy without creating an interest in the property, and is widely used in some states, such as Maharashtra. The choice affects tenant rights and eviction.
Under section 17 of the Registration Act, 1908 and section 107 of the Transfer of Property Act, leases from year to year or for a term exceeding one year must be registered — which is why 11-month agreements are common. Stamp duty is payable under the state Stamp Act on the agreement, usually based on rent, deposit and term, and some states require registration of leave-and-licence agreements regardless of term. State rent control laws and, where adopted, the Model Tenancy framework also apply.
Commercial leases also need terms on permitted use, fit-outs, lock-in, escalation, GST on rent, maintenance charges, and the use of the premises as a registered office or GST place of business.
Basis: Transfer of Property Act, 1882 (sections 105–117); Registration Act, 1908 (section 17); state Stamp Acts and rent control laws; Model Tenancy Act, 2021 (where adopted); CGST Act, 2017. Last updated: 27 September 2026.
Leases for more than one year or year to year must be registered.
Common because they fall below the registration requirement.
Payable under the state Stamp Act.
Grants permission to occupy without a lease interest.
Rent control and tenancy laws vary by state.
Commercial rent generally attracts GST.
Lease disputes usually concern deposits and exits.
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Lease agreements connect with these services.
Verifying property title.
Registering property documents.
Changing company address.
GST place of business.
Understand property and terms.
Prepare the agreement.
Compute duty for your state.
Parties review.
Sign, stamp and register if required.
Keep copies for tax and compliance.
Manage the lease through its term.
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Share your query and our team will reply during business hours.
Leases for more than one year or from year to year must be registered; some states also require registration of leave-and-licence agreements.
To stay below the registration requirement for leases over one year.
Yes, under the applicable state Stamp Act.
Permission to occupy property without creating a lease interest, common in some states.
Generally yes, subject to thresholds and exemptions.
ACS – Director, Expertvuw Management Pvt Ltd
Agreements and policies are drafted by Expertvuw’s team for your review and negotiation. Where you need a legal opinion, dispute advice or representation, it is provided by independent advocates. Expertvuw is a corporate services company, not a law firm.