LEASE TENANCY (AD VALOREM)
FOR 1 YR : RENT PER MONTH X 12 / 250 = ans X 1
2-3 YRS : RENT PER MONTH X 12 / 250 = ans X 2
3 YRS & ABOVE : RENT PER MONTH X 12 / 250 = ans X 4
ADD $2.00 FOR DUPLICATE (IF REQUESTED)
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EXAMPLES 1:
FOR 1 YEAR
RENT PER MONTH = $1200
$1200 X 12/250 = $57.60 (Round up to a dollar)
= $58 x 1
Stamp Fees (original) = $58.00
ADD $2.00 FOR DUPLICATE (IF REQUESTED)
EXAMPLE 2
FOR 2 - 3 YEARS
RENT PER MONTH = $2650
$2650 X 12/250 = $127.2 (Round up to a dollar)
=$128 x 2
Stamp Fees (original)= $256.00
ADD $2.00 FOR DUPLICATE (IF REQUESTED)