Residential Lease Agreement Sign with Stamp For Free

Agreements made on white paper are valid. so an agreement made on 100 rupees stamp paper can surely be valid if it fulfills all other conditions under the law and as per the law. But, if the agreement requires to be stamped and registered then it cannot be used as an evidence of proof before a Court of law.

Requirements For Renting The agreement should be printed on a Stamp paper of minimum value of Rs. 100 or 200/-. Stamp duty is 1% of the total rent plus deposit paid annually or Rs. 500/- whichever is lower.

Requirements For Renting The agreement should be printed on a Stamp paper of minimum value of Rs. 100 or 200/-. Stamp duty is 1% of the total rent plus deposit paid annually or Rs. 500/- whichever is lower.

The answer might surprise you, even if a signed contract is not stamped, it is actually VALID under the law. Then why do we need to stamp it? Pursuant to section 52(1)(a) of the Stamp Act 1949, no instrument shall be admitted in evidence unless such instrument in duly stamped.

The answer is a simple 'NO'. Agreements may be made either in a stamp paper or a non-stamp paper. While making an agreement on a non-stamp paper, there are certain legal aspects that need to be complied with.

Agreement on rupees ten is not valid. Rupees ten stamp paper is for affidavits and declarations only.If any time limitations or tenure is not agreed in the agreement in written then it is totally upon the conditions and circumstances of the agreement.

For rental agreements made for a tenancy period of 11 months or less, a stamp paper of Rs 100 or Rs 200 can be utilized. Along with this, a stamp duty i.e. equals the lesser of 1% of the total rent plus the deposit paid annually or Rs 500 is also payable.