For rental contracts with a duration of less than or more than 11 months, it is not necessary to record it. For leases concluded for one year or more, it is recommended to register (no certification). This is a precautionary measure to deter fraud, which proves that the companies mentioned in the contract are the ones that actually signed it and that the agreement is not a counterfeit or false agreement. Sometimes you may choose not to pursue the deal and may want to recover the token advance paid. In this case, if the owner agrees to repay the full advance, it is good and good. But if the owner suffers a loss of money, he can deduct a sum from the token advance and return the same to you. However, if your reason for terminating the contract is valid, you can recover the full amount. Karnataka was one of the first states to implement e-stamping and is still today one of the states where E-Stamp papers have almost entirely replaced traditional papers. They are readily available, typically by cooperative banks, and are issued in a large number of securities. You can also use our customizable and lawyer-verified ready-to-use rentals to save time and money. Why do you want to pay stamp duty once again, if you have already paid 0.01% on the sales contract, at the time of registration you need to present the initial sales contract to designate purposes, the bank representative brings the initial sales contract on the day of registration. This is not a big effort for the bank. You should ask them to bring the initial sales contract.
2) If you pay the full amount of stamp duty, it will not make a difference in your deed of sale. It has nothing to do with your consent to the sale and your deed of sale. In any case, the amount of stamp duty you will pay to the government. The registration fee for rentals in Karnataka is 1% of the rent + deposit. Although many people are unaware of the importance of paying proper stamp duty and registering the document, these factors cannot be ignored. In the absence of payment of a corresponding stamp duty, the dispute between thought rights may have to pay ten times the initial value as a fine. 1. The civil registry office receives the details of the stamp duty that is paid if you present the xerox copies of the sales contract is the stamp duty is the tax levied on the legal documents in compensation for their validity.
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