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Dipak (Clerk)     17 August 2014

Value of stamp paper for rent agreement for notary

What should be the value of Stamp Paper for rent agreement of a flat for 11 months for notary at Kalyan Mumbai.

Regards



Learning

 5 Replies

Rama chary Rachakonda (Secunderabad/Highcourt practice watsapp no.9989324294 )     20 August 2014

For execution of a Rental Agreement,, Rs.100/- Non Judicial Stamp Paper is enough. You can buy it any where though out India. 

Y V Vishweshwar Rao (Advocate )     21 August 2014

The Stamp Duty shall be according to the Duty applicable  in State of Maharastra- Consult the Local Lawyer. 

S K KARNjhc (Legal Adviser)     21 August 2014

Mr. Rao sir is quite correct. you should better consult your local lawyer in this matter

S R SHETTY (MANAGER - LEGAL)     03 November 2014

Stamp duty is 0.25% of annual rent. A 10% of security deposit to be considered while calculating annual rent. I do not know outside Mumbai, but in Mumbai any L&L Agreement has to be on min. Rs. 600 stamp paper as per latest circular as the vendors will not supply you stamp papers if you obtain for L&L.

Dipak (Clerk)     31 October 2017

Thanks a lot.

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