Difference bet rent & leave licence agreement
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
26 April 2012
what is the difference between rent agreement and leave & licence agreement.?
how stamp duty & registration charges are levied?
how stamp duty & registration charges are levied?
Guest
Guest
(Expert)
26 April 2012
There is nothing like 'rent agreement'. We make either 'leave & license agreement' or consider it as 'lease agreement' based on the term of the agreement. The stamp duty is levied as a % on the average annual rent payable. Security deposit paid is also considered for calculation of stamp duty in most of the states.
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