We are a technology-driven company that insists on data management without manual intervention. Reciepts, agreements and each document are provided electronically. Fill in the details on the next page. As soon as you enter the rent amount, the system automatically generates stamp duty and registration. You can pay the amount online via the payment system or generate a Challan to pay through authorized banks. It is the owner`s responsibility to register the lease, otherwise the lessor may have to pay a fine of 5,000 Ds and expect a prison sentence of up to three months. If the leave and licence contract is not registered and there is a dispute between the lessor and the tenant, the contractual terms invoked by the tenant are considered to be the actual and correct conditions under which the property was granted to the tenancy, unless there is evidence to the contrary. Under Section 17 of the Indian Registration Act, which applies to all of India, any real estate lease agreement must be registered from year to year or for a period of more than one year. Therefore, unless otherwise required by national law, any leave and licence contract must be registered for a period of 12 months or more. 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. TDS provisions relating to rents paid under income tax legislation. Our fees are defined by a government contract. We make sure that these fees are very transparent with domestic support. Pre-rent for the period/non-refundable deposit – B Our representative will verify the identity of the landlord and tenant with the Aadhaar number with 2 witnesses. Once the audit is complete, you will receive your registered contract within 3 business days. All real estate issues, including rent, rent or mortgage, are included in the state list in our constitution.