Maharashtra Rental Agreement Charges

  • 26 września 2021
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Housing.com has implemented a fully digital and contactless service to create rental contracts. If you want to complete the formalities quickly and without problems, you just need to fill in the details, create the rental agreement online, sign the contract digitally and mark it in seconds by e-stamp. It is the owner`s responsibility to ensure the registration of the rental agreement, failing which the landlord may have to pay a penalty of Rs 5,000 and punish himself with a prison sentence of up to three months. In the event that the leave and license contract is not registered and disputes arise between the lessor and the tenant, the contractual conditions invoked by the tenant are considered to be the real and correct conditions in which the property was given for rent, unless proven otherwise. In Article 36(A)(a)(a)(i) in column 1, for the words `thirty-three months`, the words `sixty months` shall be replaced by the words `sixty months`. (ii) in columns 1 and 2, the words `eleven months` shall be replaced by the words `twelve months`. As of May 1, 2013, the new stamp duty rates will apply to leave and licence agreements. This section states: „If a person grants another or a number of other persons the right to do or continue to do something in or on the licensor`s immovable property, which would be unlawful without such a right, and that right does not constitute an easement or interest in the property, the right is called a license. For Maharashtra, however, the law has been made stricter and in accordance with the provisions of section 55 of the Maharashtra Rent Control Act, 1999, any agreement to a rental or leave agreement and license must be made in writing and it must also be registered compulsorily, regardless of the duration of the rental. . .

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