What Are The Types Of Stamp Paper?
In legal and financial transactions, stamp papers play a crucial role as a proof of authenticity and agreement. However, not all stamp papers are created equal. Understanding the types of stamp papers available is essential for anyone involved in contractual agreements, property transactions, or other legal processes. In this comprehensive guide, we will delve into the various types of stamp papers and their specific use cases. 1. Judicial Stamp Paper Judicial stamp papers are commonly used for legal and court-related documentation. These papers are stamped to denote that the transaction or agreement has met the legal requirements. The value stamp paper varies based on the nature and value of the transaction. 2. Non-Judicial Stamp Paper: Non-judicial stamp papers are utilized for a wide range of agreements, such as rental agreements, affidavits , and sales deeds. These papers are not directly linked to the judicial system but are still important for validating various legal and fin...