Under the Registration Act, a lease, if not registered, cannot be considered evidence. This means that in the event of a dispute between the lessor and the tenant, the unregant tenancy agreement is not recognized and therefore no argument and judgment can be rendered on the basis of an unregant tenancy agreement. In the case of a 5 to 10 year lease, stamps must be purchased for 5% of the total annual rent. For the 10 to 20 year rental period, 5 per cent of the double annual rental value must be paid. Delhi has moved from traditional stamp papers to Stock Holding Corporation of India Limited`s (SHCIL) e-stempeling system. Electronic stamped contract documents can be obtained from electronic stamp suppliers and the project can then be printed on these documents. Under Section 49 of the Registration Act, all leases must be registered with the sub-registry office for a period of 11 months. On the other hand, it is not mandatory to register a rental contract of less than 11 months. For the tenancy agreement between 1 and 4 years, you must buy stamps worth 2 per cent of the total annual rent. A deposit of 100 thousand people must also be paid. In the tenancy agreement, the following clauses must be clearly stated: To register a tenancy agreement, the lessor must present the following documents: The tenant is on the other hand required to provide the following documents: In addition to the stamp fees mentioned above, 1,100 ru. must also be paid for registration fees.
Once this has been done, you can visit your district`s shelter office and register the registration and application project. You can find the address below.