STAMP DUTY INSTRUCTIONS
JurisdictionKarnataka
Stamp value₹200 (Karnataka)
HowAffix an e-stamp certificate (preferred) or a non-judicial stamp paper of the applicable value here. Digital stamping portal: Kaveri Online (https://kaveri.karnataka.gov.in) / SHCIL e-stamp (https://www.shcilestamp.com).
Rental Agreement
Karnataka · 11 months · [Date]
- Premises
- Landlord
- Tenant
- Monthly rent
- ₹0/-
- Security deposit
- ₹0/-
- Start date
- [Start Date]
- Lock-in
- 6 months
- Notice
- 2 months
Rental Agreement
11-month tenancy · , Karnataka · [Date]
This Rental Agreement ("Agreement") is made and executed on [Date] at , Karnataka BY AND BETWEEN:
Landlord
,
PAN: · Aadhaar (last 4):
Tenant
,
ID:
WHEREAS the Landlord is the lawful owner of the property located at (the "Premises"), being a unfurnished residential premises;
AND WHEREAS the Tenant has requested the Landlord to let out the Premises on a monthly tenancy basis, and the Landlord has agreed to the same on the terms and conditions hereinafter appearing;
NOW THIS AGREEMENT WITNESSETH as follows:
1. Grant of Tenancy
The Landlord hereby grants to the Tenant, and the Tenant hereby takes on rent, the Premises described herein for a fixed term of 11 (eleven) months commencing from [Start Date] (the "Term"), subject to the Registration Act, 1908, Transfer of Property Act, 1882 (s.105–111), Indian Stamp Act, 1899 and the Karnataka Rent Act, 1999 (applies to premises built before 31.12.2001 or rent ≤₹3,500/month; else Transfer of Property Act, 1882 s.105–111).
2. Rent & Maintenance
The monthly rent payable by the Tenant shall be ₹ 0/- (Rupees Zero only), payable in advance on or before the 5th day of each English calendar month. Rent shall be paid by bank transfer or UPI to the Landlord's designated account; cash payments shall be avoided unless receipted in writing.
3. Security Deposit
The Tenant has this day paid to the Landlord an interest-free refundable security deposit of ₹ 0/- (Rupees Zero only) by way of bank transfer / UPI, receipt of which the Landlord hereby acknowledges. The deposit shall be refunded to the Tenant within 30 (thirty) days of peaceably vacating the Premises, after deduction of any unpaid rent, unpaid utilities, or the cost of restoration of the Premises and the assets listed in Annexure A to their condition as on the handover date (normal wear and tear excepted).
4. Stamp Duty & Registration
Stamp duty payable on this Agreement in Karnataka is Karnataka Stamp Act, 1957, Art. 30 (Lease of immovable property / Licence). Base = AAR (Average Annual Rent = monthly rent × 12) + Advance/deposit + Premium + Fine. (i) ≤1 yr residential: 0.5% (MAX ₹500). (ii) ≤1 yr commercial/industrial: 0.5% (no cap). (iii) >1-<10 yrs: 1%. (iv) >10-<20 yrs: 2%. (v) >20-<30 yrs: 3%. (vi) >30 yrs or perpetuity: 2% on higher of market value / AAR+advance+premium+deposit+fine. Minimum ₹200 in every case. — computed as 0.50% [residential] × (AAR ₹0 + Advance ₹0) [≤1 yr → short-term rate] = ₹0 → below statutory minimum of ₹200 → PAY ₹200. Since this Agreement is for 11 (eleven) months — a term not exceeding the registration threshold of 11 months under s.17 of the Registration Act, 1908 — registration is not compulsory. Parties may nevertheless opt for voluntary registration under s.18 for evidentiary value. The Parties shall share the cost of stamp duty and any registration fee equally, unless otherwise agreed in writing.
5. Renewal & Escalation
This Agreement may be renewed by mutual written consent of the Parties for a further term of 11 (eleven) months. Upon renewal, the monthly rent shall stand escalated by 5% (5 percent) over the then-prevailing rent, compounding annually.
6. Utilities & Taxes
The Tenant shall pay for all utility consumption bills — electricity, water, piped gas, internet, DTH / cable — as per actuals billed in the Tenant's or Landlord's name. Municipal property tax and society-levied capital expenditure shall continue to be borne by the Landlord. Connection / disconnection / transfer charges raised on utility bills in the Tenant's name shall be borne by the Tenant.
7. Use of Premises & Occupants
The Tenant shall use the Premises solely for residential purposes by the Tenant and the following declared occupants: . The Tenant shall not sublet, assign, part with possession of, or use the Premises for any unlawful, immoral, or nuisance-causing activity, and shall comply with all society/RWA bylaws.
8. Asset & Fixture Schedule (Annexure A)
The Premises are handed over along with the fixtures, fittings, appliances and furniture listed in Annexure A to this Agreement. The Tenant acknowledges having inspected each such asset and records the condition thereof in Annexure A. The Tenant shall return each asset at the end of the Term in the same condition, save for normal wear and tear. Replacement or repair cost of damaged or missing assets shall be deducted from the security deposit at the prevailing market rate.
9. Maintenance & Repairs
The Tenant shall maintain the Premises in good and tenantable condition. Minor day-to-day repairs (fuses, tap washers, plumbing leaks, bulb / tube-light replacements, geyser thermostat, fan capacitor, switch-socket replacement, painting scuffs) under ₹5,000 per instance shall be at the Tenant's cost. Major structural repairs, roof leaks, major electrical/plumbing failures, lift/society-level issues, and whitewashing at the end of Term shall be at the Landlord's cost, provided the Tenant gives prompt written notice and reasonable access.
10. Alterations
The Tenant shall not carry out any structural alterations, additions, or modifications (including drilling into load-bearing walls or altering electrical load) without the prior written consent of the Landlord. Any alteration made with consent shall, at the Landlord's option, become the property of the Landlord on termination, without compensation, unless otherwise agreed.
11. Lock-in & Notice
The first 6 (six) months of the Term shall constitute a Lock-in Period, during which neither Party shall terminate this Agreement except for material breach. If the Tenant vacates during the Lock-in Period, rent for the unexpired portion of the Lock-in Period shall remain payable and may be adjusted against the security deposit. After the Lock-in Period, either Party may terminate this Agreement by giving 2 (two) calendar months' written notice.
12. Vacating & Handover
On the expiry or earlier termination of this Agreement, the Tenant shall peaceably hand over vacant possession of the Premises to the Landlord in the same condition as received (normal wear and tear excepted), together with all assets listed in Annexure A, all keys and access cards, and a No-Dues certificate from the society / RWA. The Tenant shall make the Premises available for inspection during the last 30 (thirty) days of the Term for re-letting at mutually convenient times.
13. Indemnity
The Tenant shall indemnify and hold harmless the Landlord from and against any loss, damage, claim, penalty, or liability arising out of the Tenant's use or occupation of the Premises, including but not limited to fire, third-party injury, theft caused by the Tenant's negligence, or damage caused to the society's common areas. The Landlord shall indemnify the Tenant against any loss arising from defective title or any third-party claim to the Premises.
14. Force Majeure
Neither Party shall be liable for any failure or delay in performance of its obligations under this Agreement if caused by acts of God, war, insurrection, epidemic, pandemic, government lockdown, natural disaster, or any other event beyond reasonable control. During such period, rent shall abate in proportion to the actual loss of beneficial enjoyment of the Premises, subject to mutual written agreement.
15. Pets
No pets shall be kept at the Premises without the Landlord's prior written consent.
16. Governing Law & Dispute Resolution
This Agreement shall be governed by and construed in accordance with the laws of the Republic of India, with particular reference to the Karnataka Rent Act, 1999 (applies to premises built before 31.12.2001 or rent ≤₹3,500/month; else Transfer of Property Act, 1882 s.105–111). Any dispute arising out of or in connection with this Agreement shall first be attempted to be resolved through good-faith negotiation between the Parties within 30 (thirty) days. Failing resolution, the dispute shall be subject to the exclusive jurisdiction of the competent courts at , Karnataka.
17. Additional Terms
LANDLORD
______________________
TENANT
______________________
WITNESS 1
Name / signature / address
______________________
WITNESS 2
Name / signature / address
______________________
— page break —
Annexure A — Asset & Fixture Schedule
The following assets, fixtures, fittings and appliances were handed over by the Landlord to the Tenant at the commencement of the Term on [Start Date]. The Tenant acknowledges the items and their condition as recorded below.
Handover record
- Keys / access cards
- Parking
- Utility meter readings
Acknowledged by both parties