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.
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What is Rent Agreement Stamp Duty in Rajasthan?
Adhiyansh
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2024-06-25T14:05:31+00:00 2024-06-25T14:05:32+00:00Comment
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