As per the ministry of housing and urban affairs, The Model Tenancy Act proposes to establish a framework for the balancing of rights and responsibilities of the landlords and tenants, regulation of residential and commercial tenancy matters, fast resolution of disputes, etc. The Draft Model Tenancy Act is a model / template for States to…
Earlier Sale Deeds / Agreements to Sell – This document provides information about the agreements and deeds that took place in the past, and it is important for verifying how the current owner obtained the title of the property. It includes important details that shed light on the chain of ownership and the legal history…
Registration Process – In the Registration process, one copy of the document (eg. sale agreement, sale deed, gift deed, etc.) gets stored in the Government database with one unique number. For example, see the following image. By using such document numbers these documents can be cross-verified and downloaded from the Government Website. Notarization Process –…
Section 55: Tenancy agreement to be compulsorily registered. (1) Notwithstanding anything contained in this Act or any other law for the time being in force, any agreement for leave and licence or letting of any premises, entered into between the landlord and the tenant or the licensee, as the case may be, after the commencement…
Recent Updates – 19/08/2022 – Office timings – Morning Shift Offices and timings – Office Name Timing Holiday Haveli 10 7:30 Am to 3:15 PM Saturday & Sunday Haveli 21 7:30 Am to 3:15 PM Wednesday & Thursday Haveli 25 7:30 Am to 3:15 PM Monday & Tuesday Afternoon Shift Offices and timings – Office…
Type of Property and Contract Stamp Duty, LBT & Registration Charges Corporation Stamp Duty, LBT & Registration Charges in Rural Areas Sale Deed/Agreement of New Flat, Office, Shop, Bungalow, etc. 5% Stamp Duty + 1% LBT + 1% Metro Cess + 1% Registration Charges (Max. Rs. 30,000/-) 4% Stamp Duty + 1% LBT + 1%…
Listen to the audio file What is a Leave and License Rent Agreement? In Maharashtra, the Leave & License Agreement more commonly known as Rental Agreement is a contract between the Licensor (Property Owner) and Licensee (a person taking property on license). It mainly contains the terms and conditions regarding starting and ending date, total…
Sometimes while doing eRegistration of Leave and License Agreement users may experience Aadhaar Authentication Failure. One of the reasons for this is the lock could be active to access biometric verification would be enabled. To disable the lock follow these steps – I hope your problem gets resolved. FAQ – Online Leave & License Agreement…
An aggrieved person is required to send a legal notice within 30 days from the date of cheque bounce, In case the aggrieved person gets a positive reply to the notice or get the full default payment of cheque amount back within 15 days (Waiting Period) of receipt of such notice then there is no…
Knowing the Government Value is very important while transferring property as this value should be taken into consideration while calculating the Stamp Duty and Registration Fees. As per the rule, Stamp Duty and Registration Fees will be applicable on higher value between the Government Value and Consideration Price. For example – The Government Valuation of…