Shop Rental Agreement Kerala

26. Executive authorities of local authorities for the supply of certified extracts from property tax or house tax books.-The executive authority of a municipal council 1 [or the communal committee] or Panchayat or the finance officer of an entity, on request, on this behalf and subject to the payment of a fee which may be fixed from time to time by the Government by means of communication in the Official Gazette, is sent to the applicant by a certified copy of the property tax extract. to issue the housing tax booklet of the municipal council 1 [or the municipal commission] or panchayat Corporation indicating, where applicable, the rental value of the building or buildings for which the application was submitted, in relation to the period indicated in the application. The certified copy must be obtained as proof of the facts mentioned therein in the proceedings provided for in this Act. If the agreement includes a deposit, add more Rs100 and Rs1,100 as a registration fee – bringing the total cost to Rs6,240. This does not apply to fees due to lawyers or other intermediaries for all paperwork. To avoid paying these fees, many landlords and tenants agree not to register contracts. If you want to register a rental agreement, tenants and landlords can agree to share the costs. 11-month lease agreement: This is the most used contract format in the whole country. The duration of this rental agreement is 11 months at the end of which both parties have the freedom to renew / terminate the contract.

Registration is ignored, as the term is less than one year and rental agreements require the tenant to pay a fixed monthly rent to the lessor. . . .

Uncategorized