In India, the official fee for a 2-year rent agreement includes stamp duty and registration charges. Stamp duty varies by state, but is typically calculated as a percentage of the total rent and deposit. For Rs. 48,000 (Year 1), Rs. 52,000 (Year 2), and Rs. 2,00,000 deposit, the total rent is Rs. 1,00,000.
Assuming a stamp duty of 0.25% on the total of rent + deposit (i.e., Rs. 3,00,000), it would be Rs. 750, plus registration charges (Rs. 1,000). Always check with the local sub-registrar office for exact fees in your state.
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What is the Official Fee for a Two-Year Rent Agreement if the First Year Rent is Rs. 48,000, the Second Year is Rs. 52,000, and the Security Deposit is Rs. 2,00,000?
KAMAL KISHORE UNIYAL
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2025-04-08T09:04:03+00:00 2025-04-08T09:04:04+00:00Comment
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