In some states in India, rental agreements for commercial buildings can be made on court fee stamps without registration. To create such an agreement:
Draft the Agreement: Prepare a comprehensive rental agreement stating all terms and conditions agreed upon by both parties.
Print on Stamp Paper: Print the agreement on appropriate value court fee stamp paper, as required by the state's stamp duty laws.
Sign and Witness: Both parties (landlord and tenant) should sign the agreement, and it must be witnessed by two individuals.
Adhere to State Rules: Ensure compliance with the specific stamp duty regulations of the state where the property is located.
Preserve the Original: Keep the original stamped agreement safely, as it acts as a legal document protecting the interests of both parties during the lease period.
Rental agreement for commercial building in court fee stamp without registration
Nihar Ranjan Paul
April 4, 2022
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