LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Dipak (Clerk)     17 August 2014

Value of stamp paper for rent agreement for notary

What should be the value of Stamp Paper for rent agreement of a flat for 11 months for notary at Kalyan Mumbai.

Regards



Learning

 5 Replies

Rama chary Rachakonda (Secunderabad/Telangana state Highcourt practice watsapp no.9989324294 )     20 August 2014

For execution of a Rental Agreement,, Rs.100/- Non Judicial Stamp Paper is enough. You can buy it any where though out India. 

Y V Vishweshwar Rao (Advocate )     21 August 2014

The Stamp Duty shall be according to the Duty applicable  in State of Maharastra- Consult the Local Lawyer. 

S K KARNjhc (Legal Adviser)     21 August 2014

Mr. Rao sir is quite correct. you should better consult your local lawyer in this matter

S R SHETTY (MANAGER - LEGAL)     03 November 2014

Stamp duty is 0.25% of annual rent. A 10% of security deposit to be considered while calculating annual rent. I do not know outside Mumbai, but in Mumbai any L&L Agreement has to be on min. Rs. 600 stamp paper as per latest circular as the vendors will not supply you stamp papers if you obtain for L&L.

Dipak (Clerk)     31 October 2017

Thanks a lot.

Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register