Stamp Duty On Leave And License Agreement Maharashtra

There is no prediction when problems might arise. It will only get worse if it is legal. The laws of the country often set tenants profit in cases of disputes between tenants and landlords. In the absence of a registered contract, the tenant`s rights to the terms of the tenancy agreement are confirmed in court. On the other hand, the protection of the tenant`s basic rental rights becomes easier. The search for repairs in the first steps, such as filing police complaints, is less complicated and certainly more stress-free. There is also a chance for fair justice. The absence of a registered agreement means that legal disputes are highly dependent on the party who can afford a better lawyer. Maintaining an agreement registered at the beginning of the lease helps to avoid this inequality in the event of unfortunate legal issues. A rental and licensing agreement is known to be comfortable for the landlord compared to the benefits it offers to the tenant.

However, because they both have the right content of the clauses, they can turn on each other. We hope, with the help of the above knowledge, it will help each of you to design the right deal with less or no friction! The registration of leave and licences is mandatory under Section 55 Maharashtra Rent Control Act, 1999 (MAH. ACT NR. 18 von 2000) (w.e.f. 31-3-2000) Section 55. The lease must be registered. 1. Notwithstanding the provisions of this Or other statutes, any leave and licensing or lease agreement between the lessor and the tenant or licensee is registered in writing and in accordance with the 1908 Registration Act, after the commencement of this Act. (2) Responsibility for the registration of such a contract rests with the lessor and, in the absence of the registered written agreement, the tenant has priority over the conditions under which the landlord gave or was transferred to him a property on holiday and in license, unless there is evidence to the contrary.

3. Any lessor who violates the provisions of this section is liable to a prison sentence of 3 months or a maximum fine of $5,000 or both if convicted. In the Maharashtra State License, which was ruled by the Indian Easement Act, in 1882. Section 52. “Licence” is defined as: when a person grants another person or a number of other persons the right to do or do something on or on the land of the funder who, in the absence of such a right, would be unlawful and such a right does not constitute relief or interest in the property , the law is classified as a licence.