Vacating and Final Settlement Letter

स्टाम्प ड्यूटी

No stamp duty attaches to this Letter in Punjab or in Chandigarh. Clause 3 only gives notice under a right the Lease already contains, and clause 4, where it applies, is an accounting record between the Parties — it does not create, transfer, limit or extinguish any right, title or interest in the Premises, so no article of Schedule I to the Indian Stamp Act, 1899 as applicable to Punjab and to Chandigarh charges it. If the Parties instead want a general release of every claim between them, not only the accounts this Letter itemises, draft that separately as a release or discharge deed and take a fresh stamp view of it; a wider release can be charged ad valorem where this accounting letter is not.

रजिस्ट्री

Not compulsorily registrable under section 17 of the Registration Act, 1908, in either Punjab or Chandigarh — this Letter records notice and an account, not a right in immovable property. Where the Lease itself is registered and its term has not run out, ending it before term needs its own registered deed of surrender; this Letter is not that deed, and clause 4.7 says so.

नोटरी

Not required in Punjab or in Chandigarh. What actually protects the Tenant is proof of delivery — the notice period in clause 3 runs from the date the Landlord receives this Letter, not the date typed on it — so keep the courier or postal receipt, the signed acknowledgement, or the email read receipt, rather than a notarised copy.

गवाह

None needed for clause 3 alone. Where clause 4 is used, have two adult witnesses, not parties, sign the settlement and the receipt — the same practice this library recommends for the Security Deposit Refund and Settlement Letter — because a signed and witnessed receipt is the document a court gives most weight to if the payment is later disputed.