In Maharashtra, holiday and licensing contracts must be stamped with a flat rate of 0.25 per cent of the total rent for this period. If a non-refundable bond is also paid to the lessor, stamp duty will be levied at the same rate on these non-refundable bonds. 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. Speaking of development, Omprakash Deshmukh, Comptroller General of Registration, “For the registration of leave and the licensing agreement, citizens must visit the under-registration office or go to another approved provider. To save citizens time and money in this process, we have taken the new initiative.¬†Currently, the tenant or landlord must pay a stamp duty of 0.25 per cent and a registration fee of Rs 1000 for a property in an urban area. The cost for rural space, Rs 500 is the cost. Apart from these fees, the tenant or landlord does not need to pay any other fees for the process of submitting the agreement. “The UNDER Section 55 (1) of the Maharashtra Rent Control Act, 1999, any holiday and licensing or rental agreement between the landlord and the tenant or licensee in the case must be written and should be registered in accordance with the registration law, 1908. “once the biometric for the registration of the lease or leave and licence contract has been concluded should be and should be registered in writing in accordance with the law recording. “as soon as biometrics are made for the registration of the lease or leave agreement and the licensing agreement. , and stamp duty and registration fees must be subject to approval. The sub-registry verifies biometric authenticity and paid stamp duty.

If everything is properly signed and stamped the registered rental contract is sent by email. As a registration opportunity is entirely online, no physical copy is generated for the recorded documents. The standard contract for the lease or leave and the license agreement can be downloaded here. The procedure for the Leave registry and the e-registration licensing agreement, which is declared step by step; Visit the website www.igrmaharashtra.gov.in title “Online Services” and in the link “E-Registration for this purpose. Click on Laave`s e-Recording and License Option “L-L” under the title `Online Service`s` from the site Choose the compatible view to see. Choose the borough in which the property is located from the new “entry column”, from which at least one letter in capital letters, a special character and a z.B number.