Registered Rent Agreement Bhopal

In the state of Madhya Pradesh, stamp duty on leasing documents is calculated at 8% of the total rent + deposit. The procedure is no different from that of other States. The traditional method would be for landlords and tenants to enter into discussions about what should and should not be included in the rental agreement. Once they have agreed on the clauses, they can consult a lawyer who will draw up the agreement for them in standard format and then have it printed on stamp paper. The tenant and the lessor then validate the document by placing their signatures at the same time as those of two witnesses. This version of the agreement is registered with the local sub-registrar`s office and makes it legally valid and enforceable. Commercial leases: Commercial leases are signed between a company or between a company and an individual. We faced many problems completing the process due to the pandemic, but MyHomeLease accepted it as his personal responsibility and helped us wholeheartedly, and everything went well in a short time. The professional approach and methods are highly appreciated. Thank you and good luck in all your future projects. God bless your team The registration fee in the state of Madhya Pradesh is 1% of the total rent + deposit. As in the rest of India, Madhya Pradesh has the following types of rentals In case of dispute between tenants and landlords, it is mostly the lease that counts….