Stamp amount
1 month ago
Mt agent gave me rent agreement on 300 rupees stamp paper total transaction mentioned was 21000 deposit and 10500 advance amount . I am renewing it can I use 100 rupees stamp paper will it be valid for 1bhk in Ahmedabad?
A.Dear Client,
In the State of Gujarat, the stamp duty for residential rent agreements with a duration of less than one year is calculated at INR 3.55 for every INR 100 of annual rent. Specifically, for rent agreements or lease agreements spanning 11 months, a stamp paper of INR 100 denomination is sufficient. It is important to note that these stamp papers should be purchased in the name of either party involved in the rental agreement, whether it be the landlord or the tenant. This ensures the proper documentation and legality of the agreement in accordance with the state's regulations.
In the State of Gujarat, the stamp duty for residential rent agreements with a duration of less than one year is calculated at INR 3.55 for every INR 100 of annual rent. Specifically, for rent agreements or lease agreements spanning 11 months, a stamp paper of INR 100 denomination is sufficient. It is important to note that these stamp papers should be purchased in the name of either party involved in the rental agreement, whether it be the landlord or the tenant. This ensures the proper documentation and legality of the agreement in accordance with the state's regulations.
Helpful
Helpful
Share
A.Dear Client,
The stamp duty for residential rent agreements for less than one year in the State of Gujarat is INR 3.55 for every 100 rupees of annual rent. Rent agreements or lease agreements for a period of 11 months can be made on Rs 100 stamp paper in the state of Gujrat. Stamp papers are to be bought in the name of either of the parties, i.e landlord or tenant involved in the rental agreement.
The stamp duty for residential rent agreements for less than one year in the State of Gujarat is INR 3.55 for every 100 rupees of annual rent. Rent agreements or lease agreements for a period of 11 months can be made on Rs 100 stamp paper in the state of Gujrat. Stamp papers are to be bought in the name of either of the parties, i.e landlord or tenant involved in the rental agreement.
Helpful
Helpful
Share
Read Related Answers
Leave & Liscence agreement
Dear Sir,
You cannot stop basic necessities of such tenanted house which is illegal as per law. The proceedings before the Courts cannot be taken away by mutual agreement also. You have to file a suit...
Landlord/Tenant
Dear Client,
If the owner continues to delay or refuses to comply, you may need to explore legal options. Filing a case in court could be the next step to seek resolution and potentially recover you...
Landlord/tenant
Dear Client,
If the builder/ broker has not delivered the possession even after the the due date as mentioned in the contract you have a few legal options, one is to cancel the agreement with the bui...
No return of advance paid. Absence of agreemnt
Dear Client,
Many landlords in India follow the system of no return off advance system. Please check the terms and conditions of the contract. if the same is not mentioned and there is no restriction...
Redevelopment of chawl
Dear sir,
You may contact local lawyer exclusively practicing in real estate and thus get effective legal advise on the above subject matter.
Read Blogs on Landlord and Tenant
Landlord and Tenant Lawyers
Find Lawyers by Location
