A lease agreement documents the agreement of a rental agreement, a potential asset, including the car, house, etc., and is valid for the period prescribed by the contract. For rental contracts, the right to ownership passes from owners (owners) to tenants (tenants). This protects tenants from sudden or unfair eviction requests and prevents landlords from overburdening tenants. A rental agreement on which a stamp duty is paid is considered a legally valid document. It has probative value. In addition, it is also being examined before the courts. Yes, you must have a proper lease, which may contain details of all relevant clauses of the lease and documents must be signed between the tenant and the lessor. The agreement must mention that the premises are rented by you. .