Shop Rent Agreement In India

______ An 11-month period is preferred by most landlords when entering into real estate rentals, as there are two types of agreements dealing with the rental of real estate in India, lease and leave & license agreement. The bill also provides that tenants who extend their stay in rented accommodation, as mentioned in the agreement, are required to pay double the amount of rent for the first two months and four times the rent in the following months. This amount is paid by purchasing the stamp paper you owe to the government. In Delhi, stamp duty is equal to 2% of the average annual rent, for rental contracts with a maximum duration of five years.

Fotos: Kathrin Leisch
Impressum | AGB