Legal Question in Real Estate Law in India

I am in Delhi. The rent is 12500. I am planning to take the house only for max 6 months. Owner is asking for 4500 for the registeration of the rental agreement. Please advice


Asked on 8/13/10, 1:50 am

1 Answer from Attorneys
Vishwa Arya Arya & Co.

2% of the annual rent is the stamp duty on lease deed for registration which comes out to be 3000. Registration is not mandatory if lease is for a period less than 12 months.

You have an option of sharing it equally with the owner

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Answered on 8/15/10, 2:45 am


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