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Discussion > Property Law > Lease > Stamp duty for registration of lease agreement in m.p   Unanswered Threads Post New Topic

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VIJAYAKUMAR


Asst.Manager Lega
[ Scorecard : 103]
Posted On 07 December 2011 at 17:33 Report Abuse

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 



Bobby Mani T


Lawyer
[ Scorecard : 568]
Posted On 06 January 2012 at 13:22 Report Abuse

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.



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