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Anthony Raj (Manager - Operations)     13 April 2015

Rent agreement - law for registration at karnataka

Dear Members,


Need your expertise in advising which of the Options per LAW is legal for STAMPING / REGISTERING the RENTAL AGREEMENT:

    - E-Stamp for .5% of RENT

    - E-Stamp for .5% RENT + DEPOSIT

    - Franking at Sub-Register Office at Rs.500 for any amount of RENT + DEPOSIT

    - Registration of Rental Agreement based on .5% of Rent + Deposit collected from Tenant

 

AND

- PENALTY if applicable? If its not done as per LAW (from the CORRECT option mentioned above)

 

Thanks,

Anthony



Learning

 1 Replies

Jayashree Hariharan (Advocate)     13 April 2015

Pls refer Karnataka Stamps and Registration Act.


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