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- Yes, a notarized agreement is valid in India. However, it is important to note that a notarized agreement is not the same as a registered agreement. A notarized agreement is simply a document that has been signed in the presence of a notary public, who verifies the identities of the parties and witnesses the signing of the document. A notary public does not have the authority to register the agreement with the government.
- On the other hand, a registered agreement is a legally binding document that has been registered with the government authorities. Registration provides legal validity to the agreement and makes it more easily enforceable in a court of law. For example, a rental agreement exceeding 11 months tenure must be registered with the local Sub-Registrar’s office in order to be legally valid in India.
- In general, it is advisable to register important agreements such as sale agreements, lease agreements, and partnership agreements, as registration provides additional legal protection and makes the agreement more enforceable. However, for simpler agreements such as loan agreements or simple service agreements, a notarized agreement may be sufficient. It is always advisable to consult with a legal professional to determine the appropriate level of documentation for a particular agreement.
