Is it advisable to enter into an agreement with a tenant for 11 months rental agreement in 20 Rs stamp paper and fresh agreement after 11 months for further period of 11 months. Is is required for registering the same in court.The property belongs to a Govt. employee.
04 April 2012
Yes , one needs to enter into an agreement with the tenant. The value of stamp paper depends upon the state. In Maharashtra, the agreements needs to be made on Rs. 100 stamp paper. The registration should be made with the authority under the rent act by paying the requisite fees.
04 April 2012
In additiona to my earlier mail, please note that whether the property is owned by a Government Servant or otherwise makes not difference.
04 April 2012
Sir, The registration of document law in Maharashtra has made it compulsory to register the Leave & License agreement, the stamp duty and registrations fees are mandatory, and vary according to the amounts involved. It applies to all, including Government employees. However, if your property is not in Maharashtra state, please take advise from local lawyers. Regards, Kishor Mehta
(Expert)
