What is the Stamp Duty for Rental Agreement in Tamil Nadu?

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.