Sale deed registration
9 months ago
I purchased house CBD Belpaur 2004. The sale agreement registered August 2004 . But not done sale deed registration. If I want to do the full and final registration now how much panality to be paid .
A.Dear Client,
A transfer of title of immovable property by way of sale can be effected only by a deed of conveyance. On receipt of full consideration value from the Buyer, the Seller is duty-bound to register the property in f/o. of the Buyer u/s.17 of the Registration Act, 1908. Any document executed for any purpose that requires mandatory registration under the Act, has to be registered within 4 months of execution failing which the concerned party has to apply to the concerned Sub-Registrar office for condonation of delay and the Registrar may condone the delay, and allow the registration of the document with a penalty which may be upto 10 times of your actual registration fees. Reach out to one local Advocate for better clarification in the matter because amount of penalty varies from state to state.
A transfer of title of immovable property by way of sale can be effected only by a deed of conveyance. On receipt of full consideration value from the Buyer, the Seller is duty-bound to register the property in f/o. of the Buyer u/s.17 of the Registration Act, 1908. Any document executed for any purpose that requires mandatory registration under the Act, has to be registered within 4 months of execution failing which the concerned party has to apply to the concerned Sub-Registrar office for condonation of delay and the Registrar may condone the delay, and allow the registration of the document with a penalty which may be upto 10 times of your actual registration fees. Reach out to one local Advocate for better clarification in the matter because amount of penalty varies from state to state.
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A.Dear Sir,
You may get issue a legal notice and approach local lawyer who is well acquainted with local laws and rules and regulations.
You may get issue a legal notice and approach local lawyer who is well acquainted with local laws and rules and regulations.
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A.Dear client,
A Sale Deed relating to an immovable property is compulsorily registrable. It is covered under Section 17 (1) (b) of the Registration Act, 1908, which says that “other non-testamentary instruments which purportedly operate to create, declare, assign, limit or extinguish, whether in present or in future, any right, title or interest, whether vested or contingent, of the value of one hundred rupees and upwards, to and in immovable property”.
As per Section 49 of the Act, “No document required by Section 17 or by any provision of the Transfer of Property Act, 1882, to be registered shall - (a). Affect any immovable property comprised therein, or (b) Confer any power to adopt, or (c) Be received as evidence of any transaction affecting such property or conferring such power, unless it has been registered.” However, unregistered documents can be received in evidence for any collateral transaction.
A Sale Deed relating to an immovable property is compulsorily registrable. It is covered under Section 17 (1) (b) of the Registration Act, 1908, which says that “other non-testamentary instruments which purportedly operate to create, declare, assign, limit or extinguish, whether in present or in future, any right, title or interest, whether vested or contingent, of the value of one hundred rupees and upwards, to and in immovable property”.
As per Section 49 of the Act, “No document required by Section 17 or by any provision of the Transfer of Property Act, 1882, to be registered shall - (a). Affect any immovable property comprised therein, or (b) Confer any power to adopt, or (c) Be received as evidence of any transaction affecting such property or conferring such power, unless it has been registered.” However, unregistered documents can be received in evidence for any collateral transaction.
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