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Stamp Paper For Licence Agreement
… Control Act, 1999. Stamp duty was also paid as a leave and licence contract on the basis of the agreement. This is not the case for respondent No. 2 as the document of the … Customs duties and registration fees that must be paid on or in connection with this agreement are borne and paid by the sole licensee. Section 55 (1) of the Maharashtra Rent Control Act, 19…leave and license agreement having expired on 31.7.20037. The question that arises, therefore, concerns the rights of respondent No. 2, a consequence of the confession… Unregant rent is never evidence in court. This is only collateral evidence and cannot be used to prove his claims. Therefore, the registration of rental rates is very important to be safer. Amit rented his apartment in Vikas for rent. He made the agreement on the stamp paper of value.
But he did not record it in the lower house. The agreement was signed by both parties. For the first 4 months, Vikas paid the rent correctly. the rent was set at Rs 5000. After four months, Vikas ended the rent payment. Amit went to the Court of Justice. Although his consent was duly paid, the court refused to accept the act as evidence. Vikas claimed that the rent was only 1500, not 3,500/, as Amit claimed.
He also refused to sign the deed and totally denied entering into an agreement with the owner. As the document was not recorded, it could never be used as evidence and, for lack of evidence, Amit lost the fight. But if Ashok first made the deal by paying the right stamp duty, he should have paid only rule 1860/- The 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). Housing.com has launched a fully digital, contactless service to create leases. If you want to complete the formalities quickly and without any problems, you just have to fill out the details, create the online rental contract, sign the contract digitally and get an electronic stamp in seconds.