Does a Lease Assignment Without Payment Need to Be Registered? Seeking Advice

reenu, reenu.rituraj@utst
Dear All,

I want to know whether an assignment of a lease deed requires registration when the assignment is made without consideration.

Thanks,
Reenu Rituraj
Kuljit Pal Singh
Dear Friend,

If the said assignment is in writing, with or without consideration, then it is required to be registered.

Regards
Kuljit Pal Singh
Dear Friend,

Well, I don't know about this exactly, but as per my common sense, I think the default registration charges or the amount shown in the assigned lease deed may be taken into consideration. For the exact answer, I think the Stamp Duty Act will help.

Regards
reenu, reenu.rituraj@utst
Kuljit, but I still don't feel very convinced, and the Stamp Act also doesn't seem to be helping. Anyways, thanks for taking out time.

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