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Dr Subrat Kumar Sahoo   24 March 2021

Stamp paper required for rental agreement in odisha

Sir , please tell me the detail procedure to make a godown rent in odisha.


 1 Replies

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.

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