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Registration for 30 years old sales deed
3 months ago
My father sold a land 30 years ago and now the purchaser wants him to sign registration for the land as it was not done at that time. What will be the legal and financial implications of the same
A.Dear Client,
Under Section 23 of the Registration Act, 1908, a document must be presented for registration before a Sub-Registrar within four months from its execution. If the document exceeds this period, Section 25 allows an application to the Registrar within the subsequent four months, subject to a fine, not exceeding ten times the registration fee. Beyond this extended timeframe, late documents won't be accepted. Seeking legal advice from an advocate is advisable for proper guidance on this registration process.
Under Section 23 of the Registration Act, 1908, a document must be presented for registration before a Sub-Registrar within four months from its execution. If the document exceeds this period, Section 25 allows an application to the Registrar within the subsequent four months, subject to a fine, not exceeding ten times the registration fee. Beyond this extended timeframe, late documents won't be accepted. Seeking legal advice from an advocate is advisable for proper guidance on this registration process.
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A.Dear sir
As on this date the purchaser has to pay stamp duty as prescribed by the state government. Otherwise ask him to file a declaration suit and get it compromised.
As on this date the purchaser has to pay stamp duty as prescribed by the state government. Otherwise ask him to file a declaration suit and get it compromised.
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A.Dear client,
Four months is prescribed under section 23 of the Registration Act, 1908 within which a document may be presented for registration before a Sub-Registrar. Time is calculated from the date of execution (signature) of the deed. As per the provisions of Section 25 of the Registration Act, 1908 if a document is not presented for registration within the prescribed time period of four months, and if in such case the delay in presentation of the document does not exceed a subsequent period of four months, then an application can be made to the Registrar, who may direct that on payment of a fine not exceeding ten times the amount of proper registration fee, such document shall be accepted for registration. A document brought for registration shall not be accepted, if the document is presented after the prescribed time. Reach out to an Advocate for guidance and steps.
Four months is prescribed under section 23 of the Registration Act, 1908 within which a document may be presented for registration before a Sub-Registrar. Time is calculated from the date of execution (signature) of the deed. As per the provisions of Section 25 of the Registration Act, 1908 if a document is not presented for registration within the prescribed time period of four months, and if in such case the delay in presentation of the document does not exceed a subsequent period of four months, then an application can be made to the Registrar, who may direct that on payment of a fine not exceeding ten times the amount of proper registration fee, such document shall be accepted for registration. A document brought for registration shall not be accepted, if the document is presented after the prescribed time. Reach out to an Advocate for guidance and steps.
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