Speaking of leases, there is a simple format that usually exists and a format that is not too complicated. This is what it is in principle – the rental contract or lease is processed on a stamp paper. There are 2 types of rental in India, one is a lease that lasts at least 12 months. This is governed by the rent control laws adopted by the Land Government. The other type is a rental and license agreement with a maximum duration of 11 months, which is not covered by rent control laws. Basics of lease format – As it basically seems Yes, you can make the deal during the term of the lease, but make sure the landlord and tenant are trustworthy. Lump sum payments are always made by cheque or net transfer, as no immediate agreement is reached. But try to conclude the agreement within a month. .