Real estate has always been a strong market in Kerala, where everyone is interested in adding as many homes as possible to their names. While the information technology sector is booming in the state, the demand for rents has only increased. For those of you who want to know about the creation of rental contracts in Kerala, this article is a must. The value of stamp paper required for a lease deed is, depending on the duration of the lease, the same as bottomry bond or conveyance. For the agreement 200/stempelpapier and 2% of the drop tax . 15/5/2015 The cost of registering tenancy contracts in the State of Kerala is 2% of the rent. To make an online lease for each city in Kerala, follow these steps – 11-month lease: this is the most used contract format in the whole country. The term of this lease is 11 months, at the end of which both parties have the freedom to renew/cancel the contract. Registration is ignored because the duration is less than one year and such rental agreements require the tenant to pay a fixed monthly rent to the landlord. A well-prepared rental contract is not only the basis of a renter-tenant relationship, but also a preventive measure to avoid future litigation. Therefore, certain clauses in your leases should never be omitted.

Some of them are – Although it is unusual, people, especially people from another state, could be deceived during participation in a rental transaction. Sometimes the janitors present themselves as landlords and try to collect the rent for themselves. Sometimes tenants could sublet the space themselves to another tenant by posing as a landlord. Many things could go wrong, which is why you need to pay attention to the following factors while you are participating in a rental business. To avoid potential scammers, here are some things you could do – Although e-stamping has been announced in Kerala, it is still not very common. People still use traditional stamp paper for all intentions and purposes. They are very common with many stamp sellers in major cities. To register a property in India, the buyer must pay certain fees in the form of a stamp duty for registration. Previously, stamp duty was paid by the purchase of stamp papers by licensed stamp sellers at the time of registration. The Kerala government registration department has now introduced eStamping for document registration.

In this article, we look at Kerala eStamp and produce for online purchase of eStamp in Kerala.