Who has to bear stamp duty & registration charges

pooja dedhia (Querist) 28 April 2012 This query is : Resolved
from the legal point of view ,who has to pay the stamp duty & registration charges for the L & L agreement?

& why?

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prabhakar singh (Expert) 28 April 2012
THE PERSON IN WHOSE FAVOR THE AGREEMENT IS MADE BECAUSE LAW PROVIDES SO UNLESS OTHERWISE AGREED TO.

Devajyoti Barman (Expert) 28 April 2012
Yes unless the parties decides otherwise through that agreement.

Shonee Kapoor (Expert) 28 April 2012
:-) Agreed with both the opinions.

Regards,

Shonee Kapoor
harassed.by.498a@gmail.com

ajay sethi (Expert) 28 April 2012
generally it is borne equally by parties .

prabhakar singh (Expert) 28 April 2012
I AM SORRY!IN UP THAT IS NOT THE PRACTICE WHICH MR.SETHI SOLICITS.LAW ALSO SAYS WHAT I SAID.

Raj Kumar Makkad (Expert) 29 April 2012
It is totally borne by the purchaser means in whose favour registered sale-deed is going to be registered.

Raj Kumar Makkad (Expert) 29 April 2012
This practice is prevailing all over India and this is also found place in registered deed that the expenses of the registeration and stamp have been borne by the buyer.

agreement to sale may also be executed in the name of some other person and registration may be made in favour of some other person on the instruation of the buyer as mentioned in the agreement so the actual buyer has to bear such expenses.

N.K.Assumi (Expert) 29 April 2012
It is usually borne by the purchaser, but that is only a practice and not the edict of law, and the party may agree to go for 50/50.

Dr J C Vashista (Expert) 29 April 2012
Generally it is by the purchaser, but it may be shared as per agreement between vendor and vendee

V R SHROFF (Expert) 29 April 2012
Born by buyer.
unless otherwise agreed upon.
Buyer is protecting his right by doing so.

RAJU O.F., (Expert) 30 April 2012
The beneficiary of the documnet has to bear the cost as per normal practice.

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