Property Lease Agreement
Residential and commercial lease and rent agreements — rent, deposit, tenure, lock-in, maintenance, renewal and stamp duty and registration.
- Estimate Cost
- ₹2,000 – ₹15,000
- Typical duration
- 3 days
Service overview
Drafting legally robust lease or rental contracts for residential or commercial properties outlining rent, security deposit, maintenance, and eviction terms.
Who needs it? / When is it needed?
Landlords, tenants, commercial property owners, and real estate management firms.
What to expect from the WCP Professionals
Precise drafting covering lock-in periods, rent escalation clauses, maintenance responsibilities, and termination rules.
Key deliverables
Custom Property Lease Agreement draft, inventory checklist, and rental compliance guide.
Standard turnaround time
2 to 3 working days.
Government fees, timelines & key outcomes
No government fee for drafting.
- Stamp duty is payable at the State rate, usually calculated on rent and deposit
- A lease of immovable property for more than one year must be registered with the Sub-Registrar, with registration fees; many States also offer online leave-and-licence registration
Key outcomes: a properly stamped and, where required, registered lease that protects both landlord and tenant.
Forms & filings involved
- Execution on stamp paper or e-stamp at the State rate
- Registration with the Sub-Registrar for leases of more than one year
- Online leave-and-licence registration, in States such as Maharashtra
- Tenant police verification, where the local police require it
Documents required
- Title or ownership document of the property
- Identity and address proof of landlord and tenant
- Rent, deposit, tenure, lock-in and escalation terms
- Inventory of fittings and furniture, where furnished
What we need from you
Accurate tenant-landlord details, property descriptions, and utility arrangements.
Important conditions
Subject to proper stamping, notarization, and registration where mandated by law.
Additional information
Renewal clauses and annual rent increments can be explicitly integrated.
The estimated cost covers indicative professional fees only. Government fees, stamp duty and taxes are payable at actuals.
How it works
- 1. Raise a service enquiry describing your requirement.
- 2. A Relationship Manager reviews it and opens it for bidding.
- 3. Pay into escrow and assign the professional you select.
- 4. Track progress to completion, then accept and release payment.
Frequently asked questions
Why are rent agreements made for 11 months?
Leases of more than one year must be registered, so many parties use 11-month agreements to avoid registration; longer leases should be registered.
Is a rent agreement valid without registration?
A lease of more than one year that is not registered cannot be relied on as evidence of the lease terms in court.
Who pays the stamp duty on a lease?
Usually the tenant, unless the agreement says otherwise; the amount depends on the State, rent and deposit.
What is a lock-in period?
A period during which neither party can end the lease without paying the agreed compensation.