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What is the procedure for registration of flat
16-Feb-2023 (In Property Law)
My husband had purchased a flat in 1977 in a co-op housing society. My husband passed away in 2009 after which the flat share certificate was transferred to my name through nomination paper. I now understand my husband did not register the flat sale deed when he purchased it in 1977. What is the procedure I need to follow to get the registration to my name and what would be the tentative expenses for the same. Thank you
First of all please specify who is in possession of flat. The registration process of flat can be only done by the owner of the property who has the original title of flats.
For registration of any instrument, the original document which should be typed/printed on one side only along with two photocopies of the original have to be submitted to the Registering Officer. The copies are required to be photocopied only on one side of the paper and there has to be a butter paper between the two photocopies papers. This is done so as to prevent the typed matter from getting spoilt. The registration procedure also requires the presence of two witnesses and the payment of the appropriate registration fees. On completion of the procedure, a receipt bearing a distinct serial number is issued.
The following requirements are completing the registration are usually stated on the receipt:
a) Market Value of the property;
b) Income-Tax clearance, i.e. NOC. under Section 269 YL (3) issued by the Appropriate Authority constituted under Chapter XX-C of the Income Tax Act, 1961 if the same is applicable;
c) Certificate under section 230-A of the Income Tax Act, 1961 granted to the Transferor by the assessing officer of the Transferor;
d) Urban Land Ceiling declarations of the transferor/s and the transferee/s.
Yes, if the property is duly registered, then the owner of the property can lease the property or even sell it to anyone who he desire.
Kindly contact us for any further details and action.
For registration of any instrument, the original document which should be typed/printed on one side only along with two photocopies of the original have to be submitted to the Registering Officer. The copies are required to be photocopied only on one side of the paper and there has to be a butter paper between the two photocopies papers. This is done so as to prevent the typed matter from getting spoilt. The registration procedure also requires the presence of two witnesses and the payment of the appropriate registration fees. On completion of the procedure, a receipt bearing a distinct serial number is issued.
The following requirements are completing the registration are usually stated on the receipt:
a) Market Value of the property;
b) Income-Tax clearance, i.e. NOC. under Section 269 YL (3) issued by the Appropriate Authority constituted under Chapter XX-C of the Income Tax Act, 1961 if the same is applicable;
c) Certificate under section 230-A of the Income Tax Act, 1961 granted to the Transferor by the assessing officer of the Transferor;
d) Urban Land Ceiling declarations of the transferor/s and the transferee/s.
Yes, if the property is duly registered, then the owner of the property can lease the property or even sell it to anyone who he desire.
Kindly contact us for any further details and action.
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Adv. Siddhant Sharma
Delhi | 500+ Answers
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What happens if flat is not registered?
Ans. The developer or builder will continue to own the property if the flat is not registered. It can cause future legal issues and disputes.
How does flat agreement work?
Builder-Buyer agreement: When you choose a house or flat of your choice, a token amount can be paid to reserve the property. In return, you will receive an allotment. A tripartite contract is then entered into between the buyer, bank, and builder to cover the remaining amount.
What is the process of registration of a flat in Bangalore?
2.1.1. Step 1: Register yourself.
2.1.2. Step 2: Register your documents
2.1.3. Step 3: Witnesses and the Sale Deed.
2.1.4. Step 4: Identification Proofs
2.1.5. Step 5: Select a property type.
2.1.6. Step 6: Calculate stamp duty
2.1.7. Step 7: Other details.
2.1.8. Step 8: Payment
What is flat buying process?
The buyer must first verify the validity and existence of the title. The property should not have any outstanding mortgages or unpaid past dues. Examine all documents from the past twelve years and up to thirty years.
You will have to apply for the legal heir certificate to the Tehsildar of your Taluka along with death certificate of the person and an affidavit.In the affidavit you will have to show the legal heirs of the deceased.
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Adv. Bharat Pandirao Pawar
Pune | 500+ Answers
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