Q:Same rent paying after mutual agreement with owner. But suddenly he demanded 5% arears of all previous years and denying mutual agreement. Kindly advise.
Latest Answer: Hi,
Within the provisions of the agreement, a rental agreement can be granted retrospective effect. Stamp duty charges, on the other hand, cannot be retroactive.
For a rent agreement format, who should purchase stamp paper?
The stamp paper can be purchased by either the landlord or the renter, and it will remain the property of the purchaser. You must purchase the stamp paper yourself if you wish to own an original agreement. Otherwise, you might request a photocopy or scanned copy from the other party.
