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Home / Legal / Rent Agreement / What is the Stamp Duty for Rental Agreement in Tamil Nadu?
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What is the Stamp Duty for Rental Agreement in Tamil Nadu?

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2 2024-07-02T11:11:46+00:00
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In Tamil Nadu, the stamp duty for rental agreements is usually 1% of the total annual rent plus the security deposit. However, there’s a maximum limit: you’ll either pay 1% of the total consideration or Rs. 20,000, whichever is lower. So, when creating a rental agreement, keep this in mind to ensure compliance with the state regulations. 

To get your rental agreement stamped and registered in Tamil Nadu, follow these steps:

  1. Draft the Agreement:

    • Prepare a comprehensive rental agreement that includes details such as rent amount, security deposit, duration, and other terms.

    • Both the landlord and tenant should sign the agreement.

  2. Stamp Duty Payment:

    • Calculate the stamp duty as 1% of the total annual rent plus the security deposit.

    • Pay the stamp duty at the nearest authorized stamp vendor or online through the Tamil Nadu e-Stamp portal.

  3. Visit the Sub-Registrar Office:

    • Visit the Sub-Registrar of Assurances’ office with the signed rental agreement.

    • Fill out the necessary forms and submit them along with the stamp duty receipt.

  4. Registration Process:

    • The Sub-Registrar will verify the documents and register the rental agreement.

    • Both parties (landlord and tenant) must be present during registration.

    • Pay the registration fees (usually 1% of the total annual rent plus the security deposit, capped at Rs. 20,000).

  5. Collect Registered Agreement:

    • Once registered, collect the stamped and registered rental agreement from the Sub-Registrar’s office.

Remember to carry valid identification documents and any additional proofs required by the Sub-Registrar.

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