LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

VIJAYAKUMAR (Asst.Manager Lega)     07 December 2011

Stamp duty for registration of lease agreement in m.p

Dear all,

I want to enter lease agreement with Landlord for 6 years in Madhyapradesh.  The property will be used for commercial purpose.  I planned to register the lease agreement.  Please let me know What is the percentage  I need to pay as Stamp Duty.

Thank u in advance

VIJAY 



Learning

 1 Replies

Bobby Mani T (Lawyer)     06 January 2012

The stamp duty will differ in every state.  You have to pay stamp duty for the whole period for whole rent of 6 years    it will come to a subtantial amount.  Better you consult a lawyer, and remember that every lease deed for more than 12 months is compulsarily registrable and if not registered it is of no value.


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register  


Related Threads


Loading