A tax paid to the government for the signing of a rental agreement is the stamp duty. Generally speaking, stamp duty is a governmental charge that must be paid to sign various contracts and agreements, including a financial commitment or transaction. Usually, the rent agreement stamp paper value in India typically ranges from INR 100 to INR 1000.
What is the Rent Agreement Minimum Stamp Paper Value?
The stamp paper value depends on your state and the specifics of the agreement. However, the most commonly used value is INR 100 for unregistered rental agreements.
For registered agreements, the stamp duty is usually 1% of the annual rent plus the security deposit, or a minimum of INR 500, whichever is lower.
You can prepare the rent agreement, including all the required details. Both the landlord and tenant must sign the agreement in the presence of two witnesses who also sign it.
I hope you understand the minimum rent agreement stamp value.
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The stamp paper value of a rental agreement varies from one state to another and also depends on the time period. In Delhi, it is about 2% for 5 years. You can refer to
What value of stamp paper for rental agreement?
And get a vivid idea about it
Opt for NoBroker’s customers’ rental agreement preparation service
Read More:How to decide stamp paper value?
Does Home Loan Include stamp Duty Registration?
Is e stamp Paper Valid?
What is Difference Between Judicial and Non Judicial stamp Paper?
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Shifting, House?
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Lowest Price Quote✔
Safe Relocation✔
Professional Labour✔
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What is the stamp paper value for a rent agreement?
G S Reddy
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2023-05-29T08:45:04+00:00 2023-05-31T15:33:56+00:00Comment
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