Property registrations & attorneys In India property registrations & attorneys is to certify the owner ship rights to the property in whose name it has been registered. If you dont have the perfect attorney defining you about the legal formalities and the documentation formalities, the complete process of land registry and house registry is just a piece of junk. One can find numerous private and government lawyers how assist in such complicated matters. Another best place to get the entire information is our web site of property khazana. Here we provide you the list of the best and the top property registration & attorneys along with the complete information about the local registration and revenue office. All kinds of property registration & attorneys are done along with the information of the already registered properties in India.
The exact process includes 6 steps: Step 1: Search the Property Registration The property location, legal ownership document, date of purchase of the title, property transfer and inheritance issues, if transferred the legal authority of the transferee, clearance certificate from urban land ceilings authorities, payment of all dues like property taxes, electricity and water bills and any previous alterations in the property registration & attorneys are the points that require careful scanning. This entire process can cost up to Rs. 10,000 and take 5-7 days to complete. Step 2: House Registration Agreement This process takes place at the Local Stamp Duty Office and takes around 7 days to complete. The fee involved is Rs. 100. Step 3: Preparation of Property Sale Deed This is done by an authorized house or property registration & attorney on behalf of the purchaser. The final deed is printed out on a green paper with stamp duty stamp affixed on it. This involves a fee of 1% of the property value and might take 7 days again. Step 4: Final Registration
The house registry or land registry is then stamped, executed, and finally registered in the presence of seller, buyer and two witnesses at the office of the SUB Registrar of Assurances at 5% market value of the property as Stamp Duty. This process takes just 2 days to complete. Step 5: Submission of Documents The completed home registry is then submitted to the Reader of the Sub Registrar of Assurances for scrutiny. Then at the payment of 1% of the transaction value or Rs. 30,000 whichever is less, the documents are presented before the Sub Registrar. The seller then hands over possession of the property to the buyer. The documents are handed over to the buyer within 30 minutes of submission of the payments receipt. Step 6: Mutation of the Title of theProperty The purchaser now has to apply to the local Municipal Authority to get the title of the concerned property mutated in his favour with all the relevant documents that your Real estate attorney would guide you about. The Municipal Authority then assigns the property value for levying property tax and then issue a letter of mutation in favour of the purchaser.
Here is another helping hand the list of sites that provides all the required information in the matters relating to the house or property registration and documentation.