The notary can be done on Rs 100 stamp paper and on 500 rupees of stamp paper, but the stamp paper can vary depending on the rent, which means that if the rent is less than Rs 15000, then we can use 100 rupees of stamp paper and if the rent is more than Rs 15000, we have to use 500 rupees of stamp paper. Our computer allows you to calculate fees on a case-by-case basis. Sometimes you may choose not to pursue the deal and may want to recover the token advance paid. In this case, if the owner agrees to repay the full advance, it is good and good. But if the owner suffers a loss of money, he can deduct a sum from the token advance and return the same to you. However, if your reason for terminating the contract is valid, you can recover the full amount. Buy e-stamp paper – Buy e-stamp paper at the prescribed value and print the draft contract on electronically stamped paper. Print the lease below the line on the e-stamp paper and continue to mention on page 2 and add other pages of the rental agreement with the page numbers. When indicating the number of pages, consider the stamp paper page as page number 1 and mark other page numbers accordingly. Before renting a premise, make sure of these details: it is always recommended to pay the prescribed stamp duty to avoid any legal crisis. For each item, there is a different stamp duty, set by the government and varying from state to state. For example – in Delhi, the stamp duty for the rental contract is 50 / – while in Bangalore, the stamp duty for the lease is 20 / If the lease in question lasts more than 11 months, the unregreg registered lease cannot be used as evidence in court.
It cannot be used as evidence or right to the terms and conditions provided. Therefore, it is always recommended to register the lease to be safe to avoid any type of loss. Moving to Karnataka is a wonderful experience. The large selection of tourist attractions and the excellent climate are an additional beauty in this state. It is growing rapidly in the information technology sector and, as a result, many job opportunities are being created at a rapid pace. As a result, more people moved to Karnataka, especially to cities like Bangalore, Mysore, Belgaum and Mangalore to look for work. . .