A type of tax known as stamp duty applied to any document to make it legally binding. The Rajasthan Stamp Act governs the stamp duty on a rent agreement and varies based on the duration and the monthly rent of the property. Here, the stamp duty charge starts at Rs. 500. Read on to get a breakdown of 11 month rental agreement stamp paper value in Rajasthan.
What is Stamp Duty on Rent Agreement in Rajasthan?
As I mentioned the stamp duty is mandatory on rent agreement to make it legally bound and prevent disputes. For failure to pay the required stamp duty, authorities may impose a fine up to 10 times the actual charge.
- For rental agreements with a duration less than 11 months, the stamp duty is Rs 500.
- For agreements exceeding 11 months, the stamp duty is 5% of the annual rent.
- If the agreement duration exceeds 11 months, registration at the local Sub-Registrar Office is mandatory under the Registration Act, 1908. You must pay a registration fee 1% of the total rent plus deposit, subject to a minimum and maximum cap.
The agreement must be printed on non-judicial stamp paper of the requisite value. This value corresponds to the applicable stamp duty. Alternatively, e-stamping is also available in Rajasthan.
I hope you understand about the rent agreement stamp duty in Rajasthan.
Draft and Get 100% Legally Compliant Rent Agreement to your Doorstep via NoBroker
Read more
How to Check Stamp Paper is Real or Fake?
Your Feedback Matters! How was this Answer?
Shifting, House?
✔
Lowest Price Quote✔
Safe Relocation✔
Professional Labour✔
Timely Pickup & Delivery
Intercity Shifting-Upto 25% Off
Check Prices

Intracity Shifting-Upto 25% Off
Check Prices

City Tempo-Upto 50% Off
Book Now
Wondering what is the value of rent agreement stamp duty in Rajasthan? In Rajasthan, the stamp duty for rent agreements depends on the duration of the lease:
For agreements lasting less than 11 months, the stamp duty is Rs. 500, and a registration fee of 1% of the rent is payable.
For agreements lasting more than 11 months, the stamp duty is 5% of the rent, plus a registration fee of 1% of the rent.
How to Calculate Stamp Duty on Rent Agreement in Rajasthan?
To calculate the exact stamp duty for your specific rental amount in Rajasthan, follow these steps:
Determine the Rental Amount: First, know the annual rent agreed upon in your rent agreement.
Choose the Duration and Calculate Stamp Duty:
If the agreement is for less than 11 months, the stamp duty is Rs. 500, and a registration fee of 1% of the rent is payable.
If the agreement is for more than 11 months, the stamp duty is 5% of the rent, plus a registration fee of 1% of the rent.
Remember to adhere to these guidelines for a legally valid rent agreement. I hope this answer helps you get an idea of the 11 month rental agreement stamp paper value in Rajasthan.
Get Your Rental Agreement Delivered At Your Doorstep with Nobroker Rent Agreement ServiceRead more -
What Should be the Rent Agreement Stamp Paper Value?
Your Feedback Matters! How was this Answer?
Leave an answer
You must login or register to add a new answer .
Related Questions
Related Questions in Rent Agreement Cost
Most Viewed Questions
Recently Published Questions
Authors Of The Question

28 Total Answers
Recently Answered Questions

31 Total Answers
What is Rent Agreement Stamp Duty in Rajasthan?
Adhiyansh
1664 Views
2
8 months
2024-06-25T14:05:31+00:00 2024-06-25T14:05:32+00:00Comment
Share