When I got my rental agreement made I came to know that any document which has not been executed on the stamp paper has no legal value. So if you are new in a city or moving into a new rented house then you should know the stamp paper value for rental agreement. Let me tell you whatever I know about it.
A stamp paper value for rental agreement can be of RS 100. Usually a hundred rupees stamp paper is only used for rental agreement in India. If you have ever seen a stamp paper you would know that it is an A4 size paper which has its Revenue value printed over it. The minimum Revenue value of a stamp paper is rupees 50 and it can go up to 1000 rupees stamp value.
Yes. As I already told you, a hundred rupees stamp paper is most common for rental agreements in India. But there are also some states in which stamp value is not applicable. Although such states are quite Less in number. You must know that a stamp value is valid only for those rent agreements that have not been registered. So in case you're looking for the stamp value of a registered rent agreement you will have to pay the stamp value and stamp Duty as per your rent and your tenure of rent. I hope now you understand stamp paper value for rental agreement Opt for NoBroker’s Legal Services for all your legal queries related to real estate. Get your rent agreement drafted by NoBroker, here. Read More: 100 Rs Stamp Paper Online: How to Get It? How to Decide Stamp Paper Value in India? Which stamp paper is required to draft a rent agreement?
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Hey, I recently rented a 2 BHK apartment. I knew I had to get a rental agreement but I was clueless about the stamp paper value for rent agreement. According to my research, the most commonly used value for rental agreement is 100 rs stamp paper. Keep reading to know more. Get online rent agreement drafted in minutes with NoBroker Rent Agreement services Lease agreement stamp paper value is basically an A4 size paper on which the revenue value is printed. Stamp Papers are fixed in value for the most part. The minimum stamp paper for rental agreement is ₹50, and the maximum it can go up to is Rs.1000 stamp value. It depends on the buyer which paper, they want to get the agreement on.
If you have more questions about stamp paper value for rent agreement, drop a comment below.
Renting a House? Draft a Rental Agreement Now !
Legally Valid Govt. Registered One-Day Delivery Lowest Prices
If you have moved from your old place into a rented property, you should make sure your rented place has been validated by a rental agreement. The rent agreement exists to protect the interests of the landlord and the tenant. I will share with you details of rental agreement stamp paper value.
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To register your agreement under the proper authority, you need to make sure the rent agreement has been notarized with a notary seal and printed on stamp paper.
How is rent deed stamp paper value calculated?
The prevalent factor that impacts the price of stamp paper and its value is the location. Different states in India have varying stamp duty rates. The rates for male property owners, female property owners and joint property owners differ considerably. Further, stamp duty on short-term and long-term leases is different as well.
The rental agreement bond paper value is further impacted by the duration of the rental agreement and the annual rent amount. Residential and commercial property both need to be registered. The stamp duty for both of them differs as well. Let me share examples of my favourite metropolitan.
Thanks to innovative digital technology, many states have introduced the concept of E stamping. You can check the Stock Holding Corporation of India Ltd (SHCIL) website and decipher whether your state is offering the service or not.
If you have any doubts about the rental agreement stamp paper value, leave them in the comment section below.
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Renting a House? Draft a Rental Agreement Now !
