Remember that it is not mandatory to keep the duration of the agreement of 11 months. On the contrary, longer-term contracts are advantageous for landlords and tenants. The registration fee for a lease in Maharashtra depends on where the rented property is located. The registration fee is Rs 1,000 if the property is under a municipal body area, and it is Rs 500 if it is located in a rural area. Unless otherwise agreed, the costs of stamp duty and registration are the responsibility of the tenant. Currently, the tenant or landlord has to pay a stamp duty of 0.25% and a registration fee of Rs 1000 on a property in an urban area. The cost for rural areas, Rs 500 is the cost. Apart from these costs, the tenant or landlord does not have to pay any other fees for the contract filing process. To save the document by e-registration, you must have the following things with you. i) Internet connection ii) Thumb scanner / finger scanner (biometric device) according to the specifications of the department. iii) Webcam iv) Printer v) Unique identification identifier (Aadhaar card) of all parties with identifiers.

vi) The stamp duty and registration fees applicable to the document must only be paid online (by e-challan / simple receipt) via the GRAS portal. Note: The document will be saved in the template/format provided by the ministry. The online lease in Maharashtra includes the following phases: Housing.com introduced a fully digital and contactless service to create leases. If you want to complete the formalities quickly and easily, you just need to fill in the details, create the rental agreement online, digitally sign the contract and stamp it electronically in seconds. If you have provided the above points with a checklist, you are more than willing to create your own agreement. Once the licensee has accepted the amount of the deposit and the monthly rent to be paid, leave us the rest! The information age we live in has made the process of obtaining legal documents a breeze – to the point that no manual signature is required! So click on the button below and start creating your vacation and license agreement now! We wish you a pleasant moving in experience! Registering the rental agreement online in Maharashtra is a simple process. In this article, we will cover some important facts about leases. And a step-by-step process to register the lease online in Maharastra.

For example, if you sign a holiday and license agreement for 24 months with a monthly rent of Rs 25,000 and a refundable deposit of Rs five lakhs, you will have to pay a stamp duty of Rs 1,750 (0.25% on the rent of Rs six lakhs for two years and interest of Rs one lakh for two years). THE RENTAL AGREEMENT “SUBMISSION” PROCESS – Visit the Website (igrmaharashtra.gov.in/) of the Department of Registration and Stamps – Complete the application in the Vacation and License section – Once the tenant and landlord have submitted their Aadhar number, a one-time PASSWORD (OTP) will be sent to their mobile devices. – No need to submit photo or fingerprint data (biometric data) · Indicate the future execution date no earlier than 3 days after the online filing date, * Go to the e-filing website (efilingigr.maharashtra.gov.in/ereg/). Here is the step-by-step process to register an online lease in Maharashtra. Section 52 of the Indian Easements Act, 1882, defines vacation and licensing agreements. This article states: “If a person grants to another person or a number of other persons the right to do or continue to do something in or on the grantor`s immovable property that would be unlawful without such a right, and that right does not constitute an easement or interest in the property, the right is called a license. A lease is an important document that contains important terms that tenants and landlords have mutually agreed upon. Every year, four to five lakh leases are registered in the state.

But as a rule, citizens tend to avoid the tedious registration process and save money. For this reason, the state government has to bear revenue losses. To avoid this, the finance department submitted the mobile bid of a contract proposal. [igrmaharashtra.gov.in/SB_ORGANISATION/ORGANISATION_Offices.aspx] The total costs incurred when registering the lease are usually divided equally between the owner of the property and the tenant. To register the contract, you will need some basic documents from the tenant, landlord, and witnesses, such as . B a passport photo, a photocopy of proof of identity (e.B. PAN card) and a utility bill or property document such as Index II or a tax receipt of the rented property. RENTAL AND OTHER CONDITIONS After entering the details of the property, parts and identifiers related to the document, click on the “Add rent and other conditions” button. Under “Period”, mention the duration of the lease in completed months. This period must not exceed 60 months.

In the “From” column, using the calendar, enter the date from which the rental agreement becomes/has entered into force. This date must not be more than 4 months after the date of signature of the holiday and license contract. If you have already paid the amount by electronic payment, enter the State Reference Number (GRN) received and the date of payment in the Stamp Duty and Registration Fee columns, or use the “Pay Now” option and transfer the stamp duty and registration fee online. Click on the “Confirm” button and make sure you have made the payment. In the column “Deposit made on site”, specify the place/village where the document will be executed. .