specialist in stamp duty registration, adjucation & documentation
 
Stamp duty & Registration of the documents
 

Any transaction involving transfer of immoveable property or an interest in the immoveable property requires compulsory registration as per the Indian Registration Act, 1908.

Registration of Document perfects title to the property as per the law and creates a second legal title, interest in the subject matter of the document.

TIME LIMIT FOR REGISTRATION

1.   The Documents should be registered within a period of four months from the date of execution of the document/s

2.   If for any reason, the document is not registered within a period of four months, the same can be registered within an additional period of four months after making an application and paying 2.5 times penalty per months, maximum up to 10 times.

3.   After the lapse of Eight months from the date of execution, in such case with the confirmation of both the parties, a suplimentary deed can be registered with the original document as an annexure.

EFFECT OF NON-REGISTRATION

If a particular documents is required to be registered under the act is not registered than as per section 49 of the Registration Act 1908, that document becomes inadmissible in evidence in the court of law. In other words it loses its legal validity in the eyes of law.

 
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