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How to get a rectification deed for change in property dimensions
04-May-2023 (In Property Law)
did agreement for shop in 2009 at pune now at possession shop number and area of shop changed due to change in plan by mum. corp Paid Stamp and reg 1.30 lac in 2009 Now registrar says do the new agreement.What shouid i do ? why not rectification deed? Pl advise
If the floor number and boundaries remain unchanged and area of the unit and number of unit changed due to revision in sanction plan then you can explain the Sub Registrar by showing old and new blue print of sanctioned plan. Otherwise you have to execute registered cancellation deed of the subjected agreement and enter in to new agreement. After cancellation deed you can apply for refund and refund of stamp duty paid to the previous agreement within 6 months. But you can not get refund of registration fee. Due to increased government valuation comparing government value of 2009 and 2018, you may have to pay higher amount of stamp duty for new agreement. First of all you need to bring certified copy of old and new sanctioned building plan in which your unit is situated.
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Adv. Pradip Pujari
Pune | 25+ Answers
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What are the limitations of rectification deed?
A Rectification Deed cannot correct legal mistakes. The original documents legal status or basic nature cannot be changed by a Rectification Deed. A Rectification Deed cannot fix jurisdictional or stamp duty errors. 16 Oct 2023
What is the stamp duty for rectification?
Stamp Duty on Rectification Deed
You can cancel the old deed if it is not registered and create a new one. Stamp duty is Rs 100 in the case of deeds registered.
What is the process of rectification deed?
Both the buyer and seller must appear in person at the office of the sub-registrar where the deed had been registered if either party finds an error. The official will require that they submit a request for correction of the document along with the supporting documents. 11 Oct 2023
Correction deed is possible to avoid further stamp duty, but without verifying original document its difficult to advice anything, better you get consultation from lawyer nearby you area which will be helpful to you.
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Adv. Balaji Sagar
Pune | 100+ Answers
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