Registration and stamp duty duty while leasing flats
P V Jayaprakash
(Querist) 07 May 2012
This query is : Resolved
Is it compulsory to register and pay stamp duty while leasing flats in a co op hsg socity?
Is it legally binding on the society to aceept leased documents which are only registered?
V R SHROFF
(Expert) 07 May 2012
YES, IT IS COMPULSORY. SOCIETY SHD DO IT. [Majority LL AGR, Society ignore, as it costs both parties, and Society cannot throw a person with his family out on road,
Anirudh
(Expert) 07 May 2012
Any lease for a period of less than 1 year DOES NOT REQUIRE compulsory registration.
Shashikant V. Patil
(Expert) 07 May 2012
Registration of L & L having weightate in the eyes of law.
Shonee Kapoor
(Expert) 07 May 2012
It is a state matter and rules would differ from state to state.
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