Understanding rent agreement registration charges in Punjab is crucial for both tenants and landlords. These charges vary based on the property's rental value and duration of the lease.
What is the Cost of Rent Agreement in Punjab?
Calculate Registration Fee:
For lease periods up to 5 years, the fee is 1% of the annual rent.
For lease periods over 5 years but less than 10 years, the fee is 2% of the annual rent.
Prepare Documents:
Copy of the rent agreement
Proof of identity
Proof of residence
Two passport-sized photographs
Visit Sub-Registrar Office:
Book an appointment.
Visit the registration office with witnesses and documents.
Receive Registered Agreement: After registration, you’ll get the original registered rent agreement.
Remember to follow Punjab government guidelines for a smooth process.
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Authors Of The Question
What is Rent Agreement Registration Charges in Punjab?
Shaila
212Views
2 months
2024-08-29T12:08:10+00:00 2024-08-29T12:08:10+00:00Comment
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