Court Fee for Rent Agreement in Delhi

Court Fee for Rent Agreement in Delhi: Everything You Need to Know

Rent agreements are an important legal document that helps in defining the terms and conditions of a rental relationship between a landlord and a tenant. In Delhi, rent agreements are required to be registered with the Sub-Registrar of the area where the property is located. This registration involves payment of a court fee, which is determined by the value of the property being rented. In this article, we will discuss everything you need to know about court fee for rent agreement in Delhi.

What is Court Fee for Rent Agreement in Delhi?

Court fee is a fee that is paid to the government for registering a legal document. In case of a rent agreement, the court fee is paid for registering the agreement with the Sub-Registrar of the area where the property is located. This registration creates a legal proof of the rental agreement and helps in resolving any disputes that may arise between the landlord and the tenant.

How is Court Fee Calculated for Rent Agreement in Delhi?

The court fee for rent agreement in Delhi is calculated based on the monthly rental amount and the duration of the agreement. The Delhi government has prescribed a table for calculating court fee for rent agreement, which is as follows:

– For rental agreements with a monthly rent of up to Rs. 5000 and a duration of up to 5 years, the court fee is Rs. 100.

– For rental agreements with a monthly rent of between Rs. 5001 and Rs. 10,000 and a duration of up to 5 years, the court fee is Rs. 500.

– For rental agreements with a monthly rent of between Rs. 10,0001 and Rs. 20,000 and a duration of up to 5 years, the court fee is Rs. 1000.

– For rental agreements with a monthly rent of between Rs. 20,001 and Rs. 50,000 and a duration of up to 5 years, the court fee is Rs. 1500.

– For rental agreements with a monthly rent of more than Rs. 50,000 and a duration of up to 5 years, the court fee is 2% of the total value of the rental agreement.

In case the duration of the rental agreement is more than 5 years, the court fee is calculated based on the total value of the rental agreement.

How to Pay Court Fee for Rent Agreement in Delhi?

The court fee for rent agreement in Delhi can be paid through a demand draft or a treasury challan. The demand draft should be drawn in favor of the Sub-Registrar of the area where the property is located. The treasury challan can be obtained from the nearest government treasury office. Once the court fee is paid, the receipt should be retained as proof of payment.

Conclusion

In conclusion, court fee is an essential requirement for registering a rent agreement in Delhi. The court fee is calculated based on the monthly rental amount and the duration of the agreement. The court fee can be paid through a demand draft or a treasury challan. It is important to retain the receipt as proof of payment. By complying with these legal requirements, landlords and tenants can ensure a smooth and hassle-free rental relationship.