If the corresponding stamp duty is not paid, the parties will, in the event of a dispute, have to pay a fine of 10 times the initial value, in case of non-compliance with the initial value. No certification is required for leases of 11 months or less. Registration (no certification) is recommended for leases with a term of one year or more. This is a precautionary measure that opposes fraud, which proves that the companies mentioned in the contract are the ones that actually signed it and that the agreement is not a counterfeit or false agreement. You can also use our customizable and verified lawyer contracts to save time and money. The lease or lease is written on stamp paper. There are 2 types of rentals in India, one is a lease that lasts at least 12 months. This is done to block the house by the tenant, so that the owner does not pass the house on to another person. But there are a lot of discrepancies in this one. Many people don`t take a receipt while they pay tokens.