Do I need to stamp if I am only renting out a room to a friend or family member? There is no tenancy agreement, just verbal agreement.

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Accepted Answer

Stamp Duty is a tax on document (physical or electronic).

If the tenancy agreement was executed via electronic modes such as WhatsApp, email, websites, or SMS, stamping is still required, and stamp duty is payable.

However, if the rental arrangement is through verbal agreement only, stamping is not required, and Stamp Duty is not payable.

Do I need to stamp if I am only renting out a room to a friend or family member? There is no tenancy agreement, just verbal agreement.

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Related questions

If I sign a tenancy agreement with a landlord for room rental, do I need to pay for stamp duty?

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