Why rent agreements are usually of 11 months only
Most rent agreements are signed for 11 months so that they can avoid stamp duty and other charges
If you have ever put a property on rent or have lived in a rented house, you must have signed a rent agreement. Have you ever wondered why most rent agreements are for a duration of 11 months? Often, neither landlords nor tenants and not even the real estate agents know why this is so. Let’s find out.