buying tenancy property

Querist :
Anonymous
(Querist) 16 May 2011
This query is : Resolved
Dear Sir,
I am about to buy a tenancy property for rs. 10 lakhs, landlord is charging rs. 2 lakhs for transfer of rent receipt on my name and the balance i have to pay to the existing tenant from whom i am about to buy the property. My question is what kind and types of agreements and documents i have to enterwith the landlord and the existing tenants and his / their legal heirs and if your good self can provide me with the draft agreements and documents the property is in mumbai and also what is the stamp duty and registration charges payable. necessary instruction i have to keep in mind while drafting the agreements and documents. Thanks and regards