Can anyone answer this:-
CASE:- Mr. A of Chennai decides to let out his land and building at Lucknow to Mr. P. Mr.P who stays in lucknow agrees to pay Rs5000 p.m. as rent with an advance of 1month. The rent of future 11 months is recieved by A in the form of Post dated cheques.
Q1-- Can Agreement of Rent be drafted from Chennai and signed by respective parties?
Q2--- For how many months , the rental agreement can be drafted?
Q3-- Can it be drafted merely on stamp paper or does it require registration?
Thnx in advance!!!
CAclubindia
