Srinagar / Jammu · Jurisdiction guide
In Jammu & Kashmir the instrument is a Rent Agreement (Lease Deed), the parties are called Lessor and Lessee, and the tenancy is read against the Jammu and Kashmir Houses and Shops Rent Control Act, Svt. 2012.
Under Section 17 of the Registration Act, 1908 a lease of immovable property from year to year, or for a term exceeding 11 months, must be compulsorily registered. Shorter terms may be registered voluntarily.
Compulsory from 12 months
Stamp duty is broadly 1.5% of (total rent for the term + the security deposit).
Minimum stamp duty: ₹100