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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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0 2024-12-21T12:33:19+00:00
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Understanding the financial aspects of renting a house is crucial for both landlords and tenants. A key phase in this procedure is the stamp duty applied to the rental agreements. Besides being a process, this is an essential stage in Tamil Nadu to ensure that real estate transactions are both legally binding and successful. The stamp duty for rental agreement in Tamil Nadu starts at 0.25% of the total rent. Read on to know more.

What is the Rental Agreement Stamp Paper Value in Tamil Nadu?

In Tamil Nadu, the stamp duty for a rental agreement depends on the duration of the lease. Here are the details:

  1. For leases of less than 11 months: The stamp duty is 0.25% of the total rent for the entire lease period.

  2. For leases of 11 months or more: The stamp duty is 1% of the total rent for the entire lease period.

I hope this helps you understand 11 month rental agreement stamp paper value 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.

Now protect your property investments from legal issues. Buy NoBroker Legal Services plan to ensure all the legal checks

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Advocate Apurva

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Advocate Apurva

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Appartment ko Deemed Conyence Lene ke Liye Kitne ka Stamp Duty Lagega? What is the Transfer process after Completing of 10 yrs to SRA property and Father is deceased and need to transfer it to son? What is a settlement deed? Dear Sir, I along with my wife have entered into a sale agreement with a construction company to purchase a flat in Guwahati. In this case, I want my wife to be the sole owner of the flat. I would like to know that if the sale agreement is jointly registered, will I be able to register the sale deed solely in my wife's name? If so, then please let me know. I have purchased 2 Kanal land. The deed was completed and the mutation was completed. I mortgaged the land to the bank and obtained a housing loan. The construction plan got approved from municipal committee verification and was completed by the revenue authority. Mortgage papers were endorsed in the revenue record with information to the bank in writing and attestation of Tehsildar. After liquidation of bank loan, I approached revenue staff, who informed me that instead of 2 Kanal only 0.5 Kanal exists in my name in Khasra Girdawari register. Is it possible? What is the remedy? We have only 7 flat holders; among them, 3 flats are with the builder. Is it possible to form a housing society? What is Shop Rent Agreement Rules in India? What is Stamp Duty On Rent Agreement in Madhya Pradesh? Is it compulsory to REGISTER the RENTAL AGREEMENT in Maharashtra What to do if Renter is not paying the rent and the agreement has expired?
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