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Local documentation service provider assisting with rent agreement drafting, e-stamping and registration formalities.
Local documentation service provider assisting with rent agreement drafting, e-stamping and registration formalities.
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In Maharashtra, most residential tenancies in Mumbai are structured as Leave & License agreements under the Maharashtra Rent Control Act, 1999. Registration is mandatory regardless of the agreement's duration — an unregistered agreement can weaken your legal standing if a dispute ever comes up.
Stamp duty is typically calculated at around 0.25% of the total consideration, which includes the rent for the full term plus a notional amount on the security deposit. Convention in Mumbai is that the licensee (tenant) bears the stamp duty and registration cost, though this can be mutually decided and should be stated clearly in the agreement.
Registration can be completed online through the Maharashtra IGR portal, and biometric verification of both parties is generally required. A local documentation service provider can handle the drafting, e-stamping, and registration formalities so you don't have to navigate the portal yourself.
Rates and rules change periodically — always confirm current requirements with your service provider or the Maharashtra Registration Department before finalising.
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Yes. Under the Maharashtra Rent Control Act, 1999, registration is mandatory for Leave & License agreements regardless of duration.
Convention is that the tenant (licensee) pays, though this is negotiable and should be specified in the agreement.
Yes, but registration is still required in Maharashtra even for an 11-month Leave & License agreement, unlike some other states.
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