Rental Agreement In Noida

It is often seen that most people prepare a rather carefree lease with many flaws because they are simply not aware of the problems that could follow. The majority of the population does not realize that a poorly crafted agreement could make things ugly in the event of a dispute in the future. Stamp duty is paid in return for the validity of a valid document. In UP, the stamp duty fee for rental contracts is 4% of the annual rent + deposit if the rental period is less than one year. Even if both parties know each other amicably, it is highly recommended to write a rental certificate in order to avoid trouble. While only big cities like Noida, Kanpur, Lucknow, Ghaziabad, etc. insist on really elaborate rental deals, small towns like Agra or Varanasi are quite relaxed. .

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