Menu
keyboard_backspace
ask a question ask a question
Get Realtime Updates of your Request. Download Vidhkarya App

Ask a Question - Free Legal Advice

Q.Paying Guest Agreement on how much stamp paper

Q. Paying Guest Agreement on how much stamp paper

I'm having paying guest in my house with 10 to 15 Bacherlors. On how much stamp paper should i make minimum Paying Guest Agreement? There tenure is not fix it depends on job or course. I want to make seperate agreement for each paying guest.

Showing 6 of 6 Responses

A. Dear client! Registered agreement will be 2% stamp duty of one year rental, otherwise you can make a non-registered agreement on a stamp of Rs. 100.

VIMAL K MISHRA

Experience: 15 Year(s)

Responded 3 months ago

View All Answers
Reply Here

A. Dear client kindly make your paying guest agreement on 100 rs stamp paper

Deepak Bade

Experience: 9 Year(s)

Responded 3 months ago

View All Answers
View {{count[1]}} Replies
Placeholder image

sachin Yewale

Experience: 1 Year(s)

Replied 3 months ago

Agreement has to be registered or notarized. Is it legally valid on Rs.100 stamp because i heard that agreement has to be made on Rs.500/- stamp only?

Placeholder image

Deepak Bade

Experience: 9 Year(s)

Replied 3 months ago

Dear client it depends on your choice.you can make agreement on 100rs or 500rs bond paper but legal value of both bonds are same enforceable.kindly notarized and registered agreement with witnesses.

Placeholder image

sachin Yewale

Experience: 1 Year(s)

Replied 3 months ago

If for a single person i make notarized agreement on Rs.100/- stamp paper. Stay Duration is 6-months and monthly rent is Rs.2600/- per month. I take 2-months rent in advance with no deposit and after 2-months complete if he wants to stay further i again take next 2-months rent in advance. Will this notarized agreement on Rs.100/- stamp paper enforceable in court incase if any legal problem arises with Paying Guest. Or court will ask for agreement on Rs.500/- stamp paper?

Reply

A. For registered agreement Legally it is 4 to 6 % of rent amount . But people use to make a agreement on 100rs stamp paper.

Aashish Kumar

Experience: 3 Year(s)

Responded 3 months ago

View All Answers
View {{count[2]}} Replies
Placeholder image

sachin Yewale

Experience: 1 Year(s)

Replied 3 months ago

Agreement has to be registered or notarized. Is it legally valid on Rs.100 stamp because i heard that agreement has to be made on Rs.500/- stamp only?

Placeholder image

Aashish Kumar

Experience: 3 Year(s)

Replied 3 months ago

It is upto you. If u want to register it in tehsil or sdm office then u have to pay stamp duty of around 4to6% of rent amount as per the time period of agreement plus 1%for registration charges. And if u don't want to register then u may make the agreement on 100rs stamp paper and get notarized.

Placeholder image

sachin Yewale

Experience: 1 Year(s)

Replied 3 months ago

If for a single person i make notarized agreement on Rs.100/- stamp paper. Stay Duration is 6-months and monthly rent is Rs.2600/- per month. I take 2-months rent in advance with no deposit and after 2-months complete if he wants to stay further i again take next 2-months rent in advance. Will this notarized agreement on Rs.100/- stamp paper enforceable in court incase if any legal problem arises with Paying Guest. Or court will ask for agreement on Rs.500/- stamp paper?

Reply

A. Rs 100 would suffice.

Junaid Ali Khan

Experience: 2 Year(s)

Responded 3 months ago

View All Answers
Reply Here

A. Dear Client,
It depends upon how much amount you will receive from each paying guest. It is per month or per two months or what is the duration. According to me it may be on Rs. 100/- stamp paper.

sistla ramakrishna

Experience: 29 Year(s)

Responded 3 months ago

View All Answers
View {{count[4]}} Reply
Placeholder image

sachin Yewale

Experience: 1 Year(s)

Replied 3 months ago

Agreement has to be registered or notarized. Is it legally valid on Rs.100 stamp because i heard that agreement has to be made on Rs.500/- stamp only? Duration most probably 1-month to 6-months and its flexible. Rent is taken on monthly or 2-months rent at a time. No deposit.

Reply

A. AGREEMENT CAN BE EXECUTED ON A STAMP PAPER OF RS.100/= FOR EACH PAYIING GUEST. FOR DETAILS VIDIKARYA.COM MAY BE CONTACTED

Rajender Prasad

Experience: 5 Year(s)

Responded 3 months ago

View All Answers
Reply Here