Registration and stamp duty duty while leasing flats

P V Jayaprakash (Querist) 07 May 2012 This query is : Resolved
Is it compulsory to register and pay stamp duty while leasing flats in a co op hsg socity?

Is it legally binding on the society to aceept leased documents which are only registered?

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V R SHROFF (Expert) 07 May 2012
YES, IT IS COMPULSORY.
SOCIETY SHD DO IT. [Majority LL AGR, Society ignore, as it costs both parties, and Society cannot throw a person with his family out on road,

Anirudh (Expert) 07 May 2012
Any lease for a period of less than 1 year DOES NOT REQUIRE compulsory registration.

Shashikant V. Patil (Expert) 07 May 2012
Registration of L & L having weightate in the eyes of law.

Shonee Kapoor (Expert) 07 May 2012
It is a state matter and rules would differ from state to state.

Regards,

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

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