Property Registration Online
Connecting with property attorneys can help you have a smooth and simple property registration online procedure.
To avail our services, we charge 499/- as an advance or security payment.
HOW DOES THE PROPERTY REGISTRATION ONLINE SERVICE WORK?
We connect you with experienced attorneys.
Once the paperwork have been reviewed, a registration appointment with the Registrar’s office is scheduled.
The property attorneys accompany you to the registration office to help you complete the registration procedure.
WHAT IS PROPERTY REGISTRATION?
A purchase bond is formed when you have found the property you want to buy or have found a buyer for your property. Given the large sums of money involved in real estate transactions, the importance of this document cannot be overstated. This agreement will include the terms of the sale, the circumstances of the sale, and the date on which the transaction will be completed. But what comes next? Once signed and completed, it must be stamped (and the duty needs to be paid). These phases constitute the real estate registration procedure as a whole.
PROCEDURE FOR PROPERTY REGISTRATION
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Our experts will assess the property’s value and calculate the Stamp Duty on your behalf. In addition, the lawyers plan to attend a court hearing in person and schedule an appointment with the Registrar’s office.
Your attorneys will accompany you to the Registrar/Sub-office Registrar’s office to complete the sale deed registration and collect the registered papers.
STEPS TO TAKE BEFORE REGISTERING A PROPERTY
Encumbrances, such as outstanding mortgages, real estate liens, unpaid property taxes, etc., make it difficult to transfer property registration information from one owner to another. A buyer should search for and eliminate any hindrances on the property before acquiring it. This may be confirmed at the county sub-registrar’s office where the property is located.
- Chain of Documents:
Before buying a property, a buyer should examine all the documents in the chain of custody. They describe when and how ownership of a property has been transferred from one owner to another.
- Payment of Dues:
Debts such as property taxes, electricity bills, and water bills, among other things, should be paid off on any property. It is the buyer’s responsibility to validate this information before registering the property.
- Preparation of Deed:
It is necessary to draw out a draught of the deed that must be performed before it can be registered. The draught must contain the names of all parties involved and the specifics of the property concerned, as well as the terms and conditions that must be met.
- Stamp duty calculation:
Stamp duty is a charge collected by the government that varies by state. Stamp duty is calculated based on the property’s market value.
After completing the initial processes, the deed is signed, or thumb imprints of the parties involved in the deed are taken at the sub registrar’s office under whose authority the property is located.
ADVANTAGES OF PROPERTY REGISTRATION
Section 80C of the I-T Act allows taxpayers/HUFs to deduct stamp duty, registration fees, and other expenses paid in acquiring a home. The deduction is calculated using total gross income. Under section 80C of the Income Tax Act, deductions are limited to a maximum of Rs 1 lakh each fiscal year.
Individuals are not required to conduct any research on the title’s history to the property, or in layman’s words, ownership.
The state guarantees a registered title. The Registrar’s error or mistake may have resulted in losing an estate of interest in the land property information.
Land ownership or rights disputes may be resolved more rapidly.
Once each title has been registered, it is feasible to use the official map of the land to avoid encroachment by infringing on the limits.
Application for the mutation of the Title Deed:
The definition of mutation is the transfer of title ownership from one person to another. Because of a mutation, an owner changes his name in Land Revenue. Another advantage is that it helps the government to collect the necessary property tax from the legal owner.
The City Survey and Land Records Department is the final authority for applying for a mutation. Once the City Survey and Land Records Department has examined the request for mutation and established the amount of tax on the property, a letter of mutation is provided to the buyer.
DOCUMENTS AND INFORMATION FOR PROPERTY REGISTRATION
You simply require to obtain e-stamp papers and pay the stamp duty and Property registration online fee. For verification, all of the documents must be provided to the sub-registrar.
For property registration, you will need to provide information.
Here are some of the details you’ll need to enter when registering a property online:
- Property Description: Number, area, pin code, etc.
- Property type: land, farm, Flat, etc.
- Mode of ownership: Purchase, gift, lease, etc.
- Owner’s personal details: Name, age, profession, parent’s name, etc.
- Proof of property: Title agreement, power of attorney.
Documents required for sub-registrar's office
- An adequately drafted sale agreement on a non-judicial stamp worth the deal value.
- Two passport-size photos on both copies of papers (seller and purchaser).
- E-stamp paper with the right stamp duty value.
- E-Registration fee receipt of registration cost with an undertaking
- Photocopy of the Personal Identification Number (PAN).
- Original proof of identity of all parties is required (seller, purchaser, and witness).
- Receipt of TDS if the value of the property is above Rs 50 lakh.
- An owner-transfer history is required for both land and residential properties.
WHY legaltoast for property registration online services?
Your property registration online will be handled by a team of legal specialists who will utilize their experience to guide you through the legal procedures and documentation process. In addition, our specialists have the knowledge and experience necessary to ensure a smooth registration procedure and decrease the chance of an error.
We also have plans in place to respond to clients’ concerns promptly and staff to keep you informed about the process.
FAQs on Property Registration Online Service
A document that has not been registered is illegitimate in the eyes of the law. There is no method for the owner to prove their possession.
Stamp duty and registration costs will be assessed based on the property's valuation and the state's legislation in which it is situated.
Every state has its own stamp duty calculation process and law. The person who must calculate the stamp duty must consult the schedule of the statute enacted by the state in which the property is located and do the necessary calculations.
Yes, both parties and witnesses must present in person before the Registrar with their ID cards.
Within four months after the property transfer, the property must be registered. If the buyer files an appeal with the Registrar, the term may be extended for another four months in return for payment of a fine.
After a single day, the registration procedure will be completed, but it will take several days to arrange the necessary paperwork.
When a property is registered, it is filed with the Registrar or sub-registrar at the office of the Registrar within whose jurisdiction it resides.
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