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?

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.