In order to reduce the frequency of stamp duty, people used to pay a considerable amount as an interest-free deposit with the nominal rent. This gap has been filled and now, in cases where a refundable bond is recovered by the owner, a notional annual interest rate of 10 percent is charged to that interest-free deposit and you have to pay stamp duty at the same rate, on that interest for each year of the term of the license agreement. Must be included in the contract that clearly mentions the obligations of the owner or owner and those of the tenant. You will receive the registered contract within 48 hours of work. Our manager will visit you with a biometric device. It will take the photo and thumb and execute your agreement with your biometric verification. In Maharashtra, holiday and licensing contracts must be stamped with a flat stamp duty rate of 0.25% of the total rent for the period. If a non-refundable deposit is also paid to the lessor, stamp duty is also levied on these non-refundable deposits. Book an appointment > biometric verification > Completed Only three steps to obtain your consent. Section 52 of the Indian Easements Act of 1882 defines leave and licence agreements.

This section states: “If a person grants another or a number of other persons the right to do or continue to do something in or on the licensor`s immovable property, which would be unlawful without such a right, and that right does not constitute an easement or interest in the property, the right is called a license. It is a fact that property and rent laws in India vary from state to state. Since you are looking for a rented property or want to rent your property, you must first know the rules and rules of the Maharashtra rental agreement. The question here is how to do it. For this, you do not need to look elsewhere than on the Internet. If you search online, you can easily gather the desired information about it. If these clauses are included, there will be no unnecessary disputes between the landlord and tenant in the future. Get your lease registered in Pune at the best affordable price When establishing the lease, it is very important to include some important clauses in the contract. Some important clauses that should be included in the rental or tenancy agreement are listed below: a landlord or tenant must understand what a lease is before renting a property.

A rental agreement, also known as a vacation and license agreement, is a type of contract normally concluded between the owner of a property and the tenant who wishes to own the property in temporary possession, as distinguished in the agreement. Normally, the terms of the rental agreement are similar and may vary depending on the terms of the tenants and landlords. The registered lease contains the details of the parties, the property, the duration of the rental and the amount of rent for the duration. The owner of the property can be called “owner” and the tenant as “tenant”.. . . .