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20 rupees bond paper for agreement of sale


29-Nov-2023 (In Property Law)
I have purchased a plot in hyderabad. can we use 20 rupees bond paper for agreement of sale? I am paying 9,00,000 rupees at the time of agreement. is 20 rs bond paper valid for agreement of sale?
Answers (1)

Answer #1
555 votes
No minimum rs 100 is required for entering into an agreement of sale for a safe side but still u can pay deficit stamp duty with penalty so better to use a hundred rupee for safe n secure transaction and see that bond is in name of person who enters into contract

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