Sale agreement without notary is valid or not
12-Oct-2023 (In Documentation Law)
Sale agreement on rs1000 stamp without notrey n without registered is valid or not
1) notarised agreement for sale is binding between parties
2) it is always advisable to insist on registered agreement for sale
3) SC in case of Suraj Lamp Industries v. State of Haryana. has held that unless a sale transaction in an immovable property involving a value of more than Rs. 100/- is properly registered by paying appropriate stamp duty and registration charges, the sale transaction is not complete and the buyer cannot get clear ownership title.
4) in respect of an immovable property a SALE DEED is required to be compulsorily registered, and only then the buyer would get a clear title,
2) it is always advisable to insist on registered agreement for sale
3) SC in case of Suraj Lamp Industries v. State of Haryana. has held that unless a sale transaction in an immovable property involving a value of more than Rs. 100/- is properly registered by paying appropriate stamp duty and registration charges, the sale transaction is not complete and the buyer cannot get clear ownership title.
4) in respect of an immovable property a SALE DEED is required to be compulsorily registered, and only then the buyer would get a clear title,
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