Rent agreement
Sachin Kumar
(Querist) 28 March 2021
This query is : Resolved
11 months rent agreement is valid in india ?
It is admissible in courts ?
Can it be made on plain paper (without any stamp paper) ?
It should be notarized ?
Advocate Bhartesh goyal
(Expert) 28 March 2021
11 months rent note/agreement is perfectly valid in India subject to it should be properly stamped as per state stamp Act and duly signed by parties and notarized.
ashok kumar singh
(Expert) 28 March 2021
yes, Eleven month agreement valid. it should be on Rs. 10/- Non Judicial Stamp Paper. It is not require to be register with the Registry in term of Section 17 of the Registration Act. the agreement well recognized as LEAVE and LICENSE Agreement between the parties for hiring a portion of premises or premises for a short tenure.
Thanks
Ashok Kumar Singh, Advocate
kavksatyanarayana
(Expert) 28 March 2021
The lease for 11 months also should be registered on paying proper stamp duty. The Stamp duty from one State to another State varies. to my best, it may be up to 3% stamp duty for the amount of 11 months.
Dr J C Vashista
(Expert) 29 March 2021
Stamp duty, as applicable in the State, has to be paid for rent agreement and notarised / registered for accepting in evidence.
J K Agrawal
(Expert) 29 March 2021
Notarization not required.
Registration also not required in most of the stated in India.
Stamp duty required.
it is different in different states.
If no stamp duty paid or less duty paid, you can file document before court after paying balance stamp duty and penalty.
Sankaranarayanan
(Expert) 29 March 2021
I do endorse the suggestion given by the experts
