Each state in India has its own unique scale to collect stamp taxes, and we have made the computer available to our users to allow them to calculate the stamp duty on holidays and the licensing agreement for the state of Maharashtra. Form 27 [In accordance with bye law 43 (I)] A form of application for sub-subdivision, sub-leave and licence or care base of the dwelling or part of it. Form 11 [After Bye-laws 20 and 43(2) (ii)] The form of the sub-owner`s application or janitor`s form or occupier forms to be submitted to the company in accordance with the law. Forms Ideally, the following licensing conditions should never be removed from your contract – For the registration of the contract, you will need some basic documents from the tenant, landlord and witnesses. B as a photo the size of a passport, a photocopy of proof of identity (for example. B PAN card) and the electricity bill or real estate document such as the index II or the receipt of the rented property tax. In Maharashtra, holiday and licensing contracts must be stamped with a flat rate of 0.25 per cent of the total rent for this period. If a non-refundable bond is also paid to the lessor, stamp duty will be levied at the same rate on these non-refundable bonds. The owners and tenants of Maharashtra have always been entangled in the horns of a dilemma when it comes to licensing and leave agreement. The Agreement is required to be registered in accordance with Section 55 (1) of the Maharashtra Rent Control Act 1999. In paragraph 55, paragraph 2, this responsibility is clearly delegated to the lessor. In addition, Section 55 provides, in the absence of a registered written agreement, for the dispute between the tenant and the conditions under which the premises were either placed on leave and licensed or even leased. According to Section 55 (1), it is clear that only the lease or leave agreement and a licence executed between the lessor and the tenant or licensee must be registered.
As with any rental, lease or Mumbaikars transaction, the vacation and licensing agreement is an important document.