Dr Subrat Kumar Sahoo 24 March 2021
kavksatyanarayana (subregistrar/supdt.(retired)) 24 March 2021
The lessor and lessee shall mutually agree to take and give on rent with the period of lease and rent of the lease shall be mentioned in the document. The lease deed period exceeds 11 months it shall be registered before the Sub Registrar concerned. The stamp duty varies from one State to another State. To me, the Stamp duty up to 5 years of the lease period, 2% on the Annual Rent reserved. If there is any advance, the stamp duty shall be leviable on such advance in addition to the lease stamp.