Is unregistered or registered agreement to sell is a valuable security
17-Sep-2023 (In Civil Law)
Is unregistered or registered agreement to sell is a valuable security?
Your question seems to be not clear,
But, Generally Registered documents prevail over unregistered Agreement..
It's better to carry on any transaction with Registered Agreement only..
Thank you and Regards
But, Generally Registered documents prevail over unregistered Agreement..
It's better to carry on any transaction with Registered Agreement only..
Thank you and Regards
Helpful?
13+
Any document of a immovable property needs to be duly registered at the registrar office. An agreement which is not registered doesn't mean that it isn't a security but if there comes a situation that there is a suit in a court and there are two agreements then the one which is registered will hold value and not the unregistered one.
Helpful?
14+
What is your purpose is relevant
Agreement for sell does not create any chatge on property under transfer of property act
Still register agreement for sell with possession is always at better side
Likewise only for security purposes both is ok..but registered one is better
As far as transation is concerned registered documents always best..
Agreement for sell does not create any chatge on property under transfer of property act
Still register agreement for sell with possession is always at better side
Likewise only for security purposes both is ok..but registered one is better
As far as transation is concerned registered documents always best..
Helpful?
19+
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