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Stamp Duty On Rent Agreement In Haryana

The proforma rental agreement is readily available from electronic stamp suppliers and you can ask them to print it out to avoid trouble. While all the terms and conditions of the contract are mentioned in the agreement, you must specify the details of your transaction. Check the entire design before printing it. As in any state, Haryana has its rules on the value of stamp duty to be paid to the state. For rental contracts, the stamp duty – deposit – is usually levied in advance, it is a sum that is refunded. It is usually returned to the tenant while he evacuates the premises and hands over the keys. The norm in Haryana is to collect 2-3 months` rent as a deposit, although some landlords may ask for more. The trend varies from city to city. Large cities like Chandigarh, Faridabad, Gurgaon, etc. may charge higher amounts. More modest amounts can be calculated in cities like Panipat or Yamunanagar…

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