Revenue


Lease Deed is one of the important transactions affecting immovable property. Lease means lease of immovable property. It is a transfer of a right to enjoy such property in consideration of a price paid or promised to pay periodically. A licence differs from a lease in that under a lease an interest in immovable property is transferred while no interest is transferred under a licence. A licence is unlike a lease, generally revocable and not assignable.

The following are examples of lease if they are in private rental buildings.

1. Private and Public Bank buildings.

2. L.I.C and G.I.C such are other Corporation buildings

3. Rice Mills.

4. Shops and building rented by muncipality or Grampanchayaths

5. Shops and Establishment establishmed under A.P.G.S.T Act

(Commercial Tax Dept.,)

6. Wine Shops Bars (Excise Dept.,)

7. Shops in the premises of A.P.S.R.T.C Depots

8. Pesticide shops – Agriculture Dept.,

9. Leases in the purview of Forest Dept.,

10.Shops or Establishment in Agriculture Market Committee.

11. Shops under Diary Development Authority.

12. Schools and Colleges – Education Dept.,

13. Tolls – R & B Dept.,

14. Shops in the promises of Union buildings

(T.N.G.Os, IV Class etc.,)

15. Industrial Establishments like factory leases, Explosive factory leases

Ceramic factory leases etc.,

16. Mining leases under Mines & Geology Department

17. Fish pond leases – Fisheries Department

Every rental Agreement/Lease deed should be registered in concerned Sub Registrar Office. Now the ‘Lease Deed’ became a compulsorily registerable document as per Sec. 17 of Indian Registration Act, 1908 (Amended vide Act No. 4 of 1999 dt: 29th January 1999). Therefore, it is the duty of all Government officials, Bank officials, Non-official, Managing committees of Education institutions and all responsible citizens to cause to register their lease deeds.


Due to lack of knowledge or due to indifference attitude so many of us are not registering our deeds of lease/ rental agreements because to which neither owners of the building/immovable property nor tenants protect their rights previleges. In such cases, they cannot claim their right to interests in any court of Law.

The ‘Lease Please’ campaign mainly initiated for the enlightment of general public and public institutions. This campaign being inaugurated by District Collector, Nalgonda on 26th January 2002 that ends on 26th February 2002. In the process of campaign, employees of the department wear badges, distribute pamplets, arrange meeting etc., Displaying posters in every public offices and important places, displaying Banners as a to then gesture symbolishing the campaign.

We are taking assistance of all Associations including N.G.Os to enlighten the public in this regard. As a part of this campaign, this information is brought out for the enlightment of general public.

If anybody wants to register their Lease Deed –

  They may approach Sub Registrar/may I Help You Counter in Sub Registrar Offices

  They may present the document before the Sub Registrar. In CARD offices, the document will be returned within (1) hour after presentation before the Sub Registrar.

Model lease deeds forms and rates of Stamp Duty and Registration Fee as applicable in the state currently is appended herewith for your kind information.

We appeal that any one may contact the District Registrar, Nalgonda or Sub Registrar concerned for any additional information/clarification in this regard.
 

 

1

 Sale Deeds

6%

5%

0.50%

2

 Sale Agreement with possession

6%

Nil

0.50%

3

 Sale Agreement without possession

5%

Nil

0.50%

4

 Agreement for Development construction

5%

Nil

R.S.1000

5

 Mortgage with possession

5%

5%

0.50%

6

 Mortgage without possession

3%

Nil

0.50%

7

 Gift

5%

5%

0.50%

8

 Settlement in favour of
(A) Family members

 
3%


Nil

 
0.50%
(B) Others

6%

Nil

0.50%

9

 Partition

3% on the value of separated share

Nil

0.50%

10

 Exchange

5%

5%

0.50%

11

 Release

3%

Nil

0.50%

12

 Lease Deeds
(A) Without premium or advance in addition to the rent for		      
  I) Less than on year 3% on the total rent

Nil

0.50%
   ii) 1 year to 5 years 3% on average annual rent.

Nil

0.50%
  iii) 5 years to 10 years 5% on average annual rent.

Nil

0.50%
iv) 10 years to 20 years 5% on twise the average annual rent

Nil

0.50%
v) 20 years to 100 years 5% on three

times the AAR

Nil

0.50%
vi) 30 years to 100 years 5% on 4 times

AAR

Nil

0.50%
vii) More than 100 years or in perpetuity 5% on 1/6 of the

5%

0.50%
(B) With premium or advance in addition to the rent. 5% on the premium

or advance

Nil

0.50%
©With premium or advance in addition to

the rent.

 5% on the advance to the duty under clause (a)

Nil

0.05%

13

 Power of Attorney for sale or construction or development of immovable property 5% on the value of the property or the cost of construction

or development

Nil

Rs.20/-

14

 Power of Attorney for other purposes.

50

Nil

Rs.20/-

15

 Special Power of Attorney

Rs.20/-

Nil

Rs.20/-

 

 

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