The notarized lease format usually has 12 clauses that are defined by the Maharashtra government under the Maharashtra Rent Control Act 1999. The notary can be done on Rs 100 stamp paper and on 500 rupees of stamp paper, but the stamp paper can vary depending on the rent, which means that if the rent is less than Rs 15000, then we can use 100 rupees of stamp paper and if the rent is more than Rs 15000, we have to use 500 rupees of stamp paper. Our computer allows you to calculate fees on a case-by-case basis. Please comply with the provisions of the Stamps Act and the Registration Act. Stamp duty defects must be corrected to examine the evidence in court. with regard to agr evry 11 months.. the same would also depend on the contractual clauses. This type of rental or lease agreement can be used by the owner or tenant of a residential property. It is signed by the tenant and the lessor to indicate the consent to the conditions set by the lessor. It is a legal document with the force of law to which the courts can refer in case of disagreement. The rental agreement must be printed on an extrajudicial stamp document with a value equal to or greater than 100/. The lease is usually signed against payment of the deposit for the rented property between the lessor and the tenant. As a rule, two copies of the document are executed, each of the parties keeping an original copy.

It is often a practice among people to create rental contracts on stamp paper with minimum values like Rs.20/-or 50/-or 100/- etc. This saves money on paying the actual stamp duty imposed by the government. The difference between public and minimum royalties is generally very small. As long as there is no dispute between landlord and tenant, it goes well. Let`s take an example: while this article explains the essentials of the rental procedure, you can now conclude your agreement and have it delivered with stamp paper. LegalDesk offers a prefabricated, ready-to-use rental agreement certified by a lawyer. All you need to do is enter your data and we will do the rest. We also offer the possibility to print your document on stamp paper and deliver it to the address of your choice. If you are looking for leases for Noida and Gurgaon, we have some too! Also known as a rental agreement, a lease is a written contract between the owner of a property (the owner) and the tenant who takes care of it for rent. The contract sets out the conditions on the basis of which the property is rented, such as: Description of the property (address, type and size), monthly rent, deposit, purpose for which the property can be used (residential or commercial property) and duration of the contract. . .

.