Whose Duty Is It To Pay Stamp Duty In A Leasing Agreement?

[Misc100 2]

Whose duty is it to pay stamp duty to IRAS in a leasing agreement?

The landlord?

The tenants?

The agent of landlord?

The agent of tenants?

Anyone know?

[yoongf 11]

You are required to pay stamp duty if you are the party named in the document to pay the stamp duty..

If the terms of the document are silent on this, under the Stamp Duties Act (Cap 312), the stamp duty will be borne by the tenant and duty on duplicate will be borne by the landlord.

http://www.iras.gov.sg/irasHome/page04.aspx?id=8578

if u are asking who shd be actually GETTING the stamping done.. shd then ask. if dun stamp.. who gets into trouble?

No stamping means no contract, means agent dun earn any commission.

No stamping means no contract, means tenant is tresspassing.

[Jenova 0]

Market practise is landlord but paid by tenant. nowadays agent help you stamp but still tenant pay.

[Misc100 2]

thanks for the info, guys!

[Plastic3 0]

Tenant pays for stamping

Agent gets TA stamped

Landlord get a copy as proof

[kalimantan 6]

i recently sublet a room (not whole flat) - also need to stamp duty

to be honest, if there any legal issues, it is too expensive to get lawyer and both side will not earn. (who wants to pay $ to lawyer)

Anyone make use of stamp duty to legalize your own issues (or bring up certain issues) ?

[jamika3 0]

A lease agreement is a type of contract which protects the rights and duties of both the landlord and the tenant. Go for https://www.nyrentownsell.com/signing-a-lease-in-nyc now. It defines the terms on which a property, such as an apartment, is rented. A lease agreement is usually in writing and is signed by both parties.