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Registered Rent Agreement Cost In Pune

We offer you the easiest way to get your lease registered in Pune, which gives you a first-class experience and the best affordable prices. If you. B enter into a leave and licence contract for 24 months, with a monthly rent of Rs 25,000 and a refundable deposit of five Lakhs, you must pay a stamp duty of Rs 1,750 (with 0.25% on the rental of Rs six Lakhs for two years and Rs a Lakh for two years). It is the owner`s responsibility to register the lease, otherwise the lessor may have to pay a fine of 5,000 Ds and expect a prison sentence of up to three months. If the leave and licence contract is not registered and there is a dispute between the lessor and the tenant, the contractual terms invoked by the tenant are considered to be the actual and correct conditions under which the property was granted to the tenancy, unless there is evidence to the contrary. Must be included in the contract that clearly mentions the obligations of the landlord or landlord and those of the tenant. However, for Maharashtra, the law has been strengthened and, in accordance with section 55 of the Maharashtra Rent Control Act 1999, any lease or leave and licence agreement must be written and the same must be registered in a mandatory manner, regardless of the length of the lease. The delay before that neither the landlord nor the tenant can terminate the contract. We use biometric identification to verify your identity for the government`s mandatory e-registration of your lease in Pune! If these clauses are introduced, there will be no unnecessary dispute between the landlord and the tenant in the future. Get your lease registered in Pune at an affordable price The registration fee for a lease in Maharashtra depends on the location of the property that is leased. The registration fee is Rs 1,000 if the property is below an urban corporate area and it is 500 aff. if this is the case in a rural area.

In the absence of a contrary agreement, the tenant bears the costs of stamp duty and registration.

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