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if lease agreement is for 11 months then is it compulsary to rigister the leave and licence agreement
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Can we buy rs 20 non judicial stamp paper in chennai for lease agreement for flat in bengalooru?
No.You should buy the stamp paper from the state where the immovable proprty is situated. If the flat is in Banglore, it is necessary that you buy the stamp paper in Bangalore only.
Difference between Non judicial stamp paper and Judicial stamp paper?
Judicial and non-judicial stamp papers both are issued by court with a certain validity period & purpose mentioned at the back of stamp paper. If a person or a community gives a guarantee, say for a certain performance of work on judicial stamp to the 2nd party and if he didn't perform that work. Then to forfeit the guarantee amount given by 1st party, the 2nd party has to request to Court and the court will actually forfeit the amount and provide it to the 2nd party. It will not be the case if the guarantee will be on non-judicial stamp paper. In the second case the sufferer (2nd party) simply forfeits the guarantee amount from the 1st party's bank without concerning court or even 1st party itself and it will be a legal action.
What is use of non judicial stamp paper?
The Government collects the revenuethrough the sale of Non-judicial stamp paper.For each Article there is a Separate stamp duty like -Stamp Paper of Rs. 10 used for Affidavit, Declaration, Undertaking etc.Stamp Paper of Rs. 20 for Special Power of Attorney.Stamp Paper of Rs. 50 for General Power of Attorney/Agreement.Stamp Paper of Rs. 100 for Indemnity Bond, Guarantee Bond.Note: The Stamp Duty of Non-Judicial stamp paper for each state is different. The above mentioned stamp duty is for Delhi.For more info about stamp paper logon to our website- edrafter.inThanks.
What is the purpose of stamp paper?
The Government collects the revenue through the sale of Non-judicial stamp paper. For each Article there is a Separate stamp duty like -Stamp Paper of Rs. 10 used for Affidavit, Declaration, Undertaking etc.Stamp Paper of Rs. 20 for Special Power of Attorney.Stamp Paper of Rs. 50 for General Power of Attorney/Agreement.Stamp Paper of Rs. 100 for Indemnity Bond, Guarantee Bond.Note: The Stamp Duty of Non-Judicial stamp paper for each state is different. The above mentioned stamp duty is for Delhi.
Can you buy non-judicial stamp paper India online?
Yes, you can purchase the Stamp paper online by visiting at- edrafter.inWhat you need to do is Just-Fill the FormMake Payment(online/offline)Delivery of your Stamp Paper at your place."Quick & Easy Process"Thanks.
Can we buy rs 20 non judicial stamp paper in chennai for lease agreement for flat in bengalooru?
No.You should buy the stamp paper from the state where the immovable proprty is situated. If the flat is in Banglore, it is necessary that you buy the stamp paper in Bangalore only.
What is the stamp paper value for property rental agreement?
The Value for Stamp Paper varies from State to State.If talking about the State Delhi then Value of Stamp Paper for Rental Agreement is Rs. 50/-To know more about the Stamp Papers you can check our websiteThanks.
Can we use post dated stamp paper for predated agreement?
we can use the post dated stamp paper for predated agreement provided if the signatories of the concerned agreement agrees for it. Further, we should mention in the post dated stamp paper itself that the agreement has already been entered between the parties and the same is valid from ....to.........
how many rupees stamp paper used for settlement agreement?
The Stamp Duty for each Article is vary from State to State. If talking about the State Delhi then the Stamp Duty for the Agreement is Rs. 50/- For more info about Stamp Paper check out our blogs at our website- edrafter.in Thanks.
When Stamp paper date is later than agreement date?
We can use the recent date stamp paper for old or back date agreement. To keep on record and to be inforced by law, two or more persons enter into an agreement to safeguard the intrests of eachother.
How many rupees stamp paper required for making a six lacks lease agreement?
THE STAMP ACT, 1899(Act II of 1899)LEASE, including an underlease or sub-lease and any agreement to let or sub-let-(a) where by such lease the rent is fixed and no premium is paid or delivered-(i) where the lease purports to be for a term of less than one year.[237][Two percent of] the whole amount payable or deliverable under such lease.(ii) where the lease purports to be for a term of not less than one year but not more than three years.[238][Two percent of] the amount or value of the average annual rent reserved.(iii) where the lease purports to be for a term in excess of three years, but not more than twenty years.[239][Two percent of the] consideration equal to the amount or value of the average annual rent reserved.(iv) where the lease purports to be for a term in excess of twenty years or in perpetuity;[240][Two percent of the] consideration equal to the whole amount of rents which would be paid or delivered in respect of the first ten years of the lease.(v) where the lease does not purport to be for any definite term.[241][Two percent of the] consideration equal to the amount or value of the average annual rent which would be paid or delivered for the first ten years, if the lease continued so long.(b) (i) where the lease is granted for money advanced and where no rent is reserved.[242][Two percent of the] consideration equal to the amount of such advance as set forth in the lease.(ii) where the lease is granted for a fine or premium and where no rent is reserved.[243][Two percent of the] consideration equal to the amount of such fine or premium as set forth in the lease.(c) (i) where the lease is granted for money advanced in addition to rent reserved:[244][Two percent of the] consideration equal to the amount of advance as set forth in the lease, in addition to the duty which would have been payable on such lease, if no advance had been paid or delivered; provided that, in any case when an agreement to lease is stamped with the ad valorem stamp required for a lease and a lease in pursuance of such agreement is subsequently executed, the duty on such lease shall not exceed [245][one hundred rupees].(ii) where the lease is granted for a fine or premium in addition to rent reserved.[246][Two percent of the] consideration equal to the amount of such fine or premium as set forth in the lease, in addition to the duty which would have been payable on such lease if no fine or premium had been paid or delivered; provided that, in any case when an agreement to lease is stamped with the ad valorem stamp required for a lease and a lease in pursuance of such agreement is subsequently executed, the duty on such lease shall not exceed [247][one hundred rupees].ExemptionLease, executed in the case of a cultivator and for the purposes of cultivation (including a lease of trees for the production of food or drink) without the payment or delivery of any fine or premium when a definite term is expressed and such term does not exceed one year, or when the average annual rent reserved does not exceed one hundred rupees.36.LETTER OF ALLOTMENT OF SHARES in any company or proposed company or in respect of any loan to be raised by any company or proposed company.[248][Two rupees].See also CERTIFICATE OR OTHER DOCUMENT (No. 19).
When do you require a Rs 50 Non judicial stamp paper and when a Rs 100 stamp paper?
The Stamp Duty of each Article is Varies from State to State, there is a fixed denomination for the Articles. For example in Delhi the use of two asked Stamp paper is for:Stamp Paper of Rs. 100 for Indemnity Bond, Guarantee Bond.Stamp Paper of Rs. 50 for General Power of Attorney/Agreement
What is an Attestation Paper?
An attestation paper is an agreement to be in the army and to be loyal to it. It is an agreement to serve and to be attached to any arm of the service for a certain amount of time.
Difference between Non judicial stamp paper and Judicial stamp paper?
Judicial and non-judicial stamp papers both are issued by court with a certain validity period & purpose mentioned at the back of stamp paper. If a person or a community gives a guarantee, say for a certain performance of work on judicial stamp to the 2nd party and if he didn't perform that work. Then to forfeit the guarantee amount given by 1st party, the 2nd party has to request to Court and the court will actually forfeit the amount and provide it to the 2nd party. It will not be the case if the guarantee will be on non-judicial stamp paper. In the second case the sufferer (2nd party) simply forfeits the guarantee amount from the 1st party's bank without concerning court or even 1st party itself and it will be a legal action.
How do you print content on a stamp paper?
You can print content on stamp paper by replacing the stock paper with stamp paper in the copier. The copier will print on stamp paper in the same way it prints on stock paper.
Where can you buy Stamp paper in Kolkata?
The stamp paper can bought at the various bookshops in Kolkata. The post offices in Kolkata also sell the stamp paper.
How much time valid a stamp paper?
If the Stamp paper is executed then the validity will be forever.If the Stamp Paper has not been executed then the validity will be of 90 days from the purchase of Stamp Paper.To know more about Stamp Papers, do check our website- edrafter.inThanks.
