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Pune: If you want to declare your lease shortly, you no longer need to go to the sub-registration office or another service provider. A recent development has even simplified the “online process” in which webcam and biometric scanners are performed. Applicants can pay stamp duty and stamp duty online by generating a Challan voucher online. The calculation of stamp duty is usually based on certain information that must be mentioned when registering a property: Omprakash Deshmukh, Inspector General of Registration, omprakash Deshmukh, “For the registration of Leave and License Agreement, citizens must visit the sub-registration office or go to another authorized service provider. To save citizens time and money in this process, we have taken the new initiative.┬áThe formula for calculating stamp duty on the lease is 0.25% x D, of which D (monthly rental x number of months) – (pre-rent for the period/non-refundable down payment) – (10% x refundable deposit x number of years of contract). Currently, the tenant or landlord must pay a stamp duty of 0.25 per cent and a registration fee of Rs 1000 for a property in an urban area. The cost for rural space, Rs 500 is the cost. Apart from these fees, the tenant or landlord does not need to pay any other fees for the process of submitting the agreement. Step one.

Development and freezing of the lease. (1 day or same day) The stamp duty rate for holiday and licensing contracts is the same for residential buildings and commercial premises. The leave and licence contract can be executed for up to 60 months. Clause 1: Owner and tenantDetails. In the drafting process, you must mention who owns, who is a tenant and their respective national identity period, you must specifically mention the Aadhar card and the owner and tenant`s pan card in the rental agreement with residence address. Article 9: Different classes there are many other processes that can be mentioned in the rental contract of any rental item such as food parking preferences. The registration fee for a rental contract in Maharashtra, depends on the location of the rental. 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. The departure of IGR from Maharashtra has launched a new initiative for the termination of leave and the licensing agreement.

This complete process of registration of leave and the license agreement, if the rental contract can be carried out online THE PROCESS TO `FILE` RENTAL AGREEMENT – Visit the website (igrmaharashtra.gov.in/) of the department of registration and stamps – Under the section holidays and license, complete the application – Once the tenant and owner of their number Aadhar will be submitted to an OTP (password to a time) will be sent on their devices. – No need for a photo or fingerprint (biometric) given to the example of section 2: rent amount. The most important clause in the tenancy agreement is the monthly rent. It should be explicitly mentioned the monthly rent in rupees of the tricky part here, you must also mention if the rental is paid in advance or late. Many people have forgotten to mention this clause and argue about whether rent or arrears are paid in advance. Registration and Stamp Department, Maharashtra State has launched the electronic registration of Leave and License Agreement, this new service has greatly simplified the registration process. People from Maharashtra State can register online on their own initiative, who have access to all the conditions for the process (Bio-Metric Device as indicated by the department, web-camera etc.) and are easy to use online services can easily make the process of home or Internet cafes.

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