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September 12, 2021

Bda Complex Rental Agreement

Filed under: Uncategorized — Mark Baker @ 7:30 am

The Registration Act requires the registration of a rental agreement with a rental period of more than 11 months. The State of Karnataka has established the following stamp duties for the lease agreement. That is why it is very important that the lease builds all the necessary details about the transaction and does not look like anything. Here is a succinct checklist on the topics to cover: The registration fee for rental contracts in Karnataka is 1% of the rent + deposit. Although many people are unaware of the importance of paying proper stamp duty and registering the document, these factors cannot be ignored. In the absence of payment of a corresponding stamp duty, the dispute between thought rights may have to pay ten times the initial value as a fine. Peeps, I have to have the lease typed on stamp paper (I`m the tenant, long story).

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