Sellers Questions
Sellers QuestionsIs it mandatory to register documents for the sale of property?
The majority of the time, it is required to
register the documents for a property sale. Any instrument that grants or
creates a right or interest in real estate must be registered, according to the
Registration Act of 1908.
A Sale Deed or Transfer Document acquires legal
validity and authenticity upon registration. An official Sale Deed or Transfer
Document that has been registered is proof of ownership and is admissible in
court. Additionally, it makes sure that both the buyer and the seller are
protected and that the transaction is transparent.
The registration procedure comprises paying the requisite registration fee and stamp duty. State-to-state variations in the registration procedure, although generally speaking, it entails submission of sale deed or transfer document.
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