LawRato

How does cancellation/de-registration of agreement to sell happens


16-Jul-2023 (In Documentation Law)
An Agreement To Sell executed/registered after making 25% part payment for allotment money against the purchase of flat under construction in Godrej Garden City, SG Highway,Jagatpur, Ahmdabad in January, 2016.Since I have been selling the said flat to the third party, the same is required to be cancelled/de-registered as the rest 75% will be made by the new buyer on receipt of the notice of possession after few months. What is the stamp duty, if any and the cancellation/de-registration charges etc. to be paid in respect thereof? Earlier the stamp duty of Rs.100/- and registration charges of Rs.445/- + 20/- was paid to execute the said ATS in the Sub-Registrar office of SRO, Ahmdabad-8. What should be the real amount?
Answers (1)

Answer #1
844 votes
If the registration has already been done and there is a registered sale deed, then in that case there will not be any cancellation but there will be the further transfer of the ownership from the present owner to the new owner. The stamp duty to be paid will be same as it was earlier for the transfer of ownership. It is to be seen that who is the present owner of the apartment.

Disclaimer: The above query and its response is NOT a legal opinion in any way whatsoever as this is based on the information shared by the person posting the query at lawrato.com and has been responded by one of the Divorce Lawyers at lawrato.com to address the specific facts and details.

Report abuse?

Comments by Users

No Comments! Be the first one to comment.

"lawrato.com has handpicked some of the best Legal Experts in the country to help you get practical Legal Advice & help."