Stamp Duty Rates For Leave And License Agreement

Therefore, unless otherwise provided by state law, each leave and license agreement must be registered for a period of 12 months or more. The registration fee for a lease in Maharashtra depends on the location of the rented property. The registration fee is Rs 1,000 if the property is located under a communal territory and it is Rs 500, if it is the same in a rural area. In the absence of an agreement to the contrary, the costs of stamp duty and registration are the responsibility of the tenant. The rate of stamp duty for holiday and licence contracts is the same for residential premises and for commercial premises. . . .