Stamp duty for registration of lease agreement in m.p

Asst.Manager Lega

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 

 
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Lawyer

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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