Buy 2nd Owner 25yrs Old Flat
03-Oct-2023 (In Property Law)
I am looking to purchase a 25 yrs old 2nd owner flat whose registration is not done yet. Not sure on whether stamp duty is paid.
How can I move legally to purchase the such flat? Is it possible to buy it?
This is my response to you:
1. Firstly you need to know if stamp duty is paid or no;
2. Also find the year of purchase was before 1985 then Rs.5 had to be paid;
3. Registration is a must;
4. If you purchase now, then you might have to register it by paying penalty;
5. Consult a local lawyer, let him/her verify the documents and then take steps forward.
1. Firstly you need to know if stamp duty is paid or no;
2. Also find the year of purchase was before 1985 then Rs.5 had to be paid;
3. Registration is a must;
4. If you purchase now, then you might have to register it by paying penalty;
5. Consult a local lawyer, let him/her verify the documents and then take steps forward.
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.
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