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Is conveyance agreement valid after 17 years without any stamp
17-Apr-2023 (In Property Law)
Agreement for sale (unregistered) of an agricultural land was done in 1964, later conveyance was done in 1981 which was not registered as per ready reckoner or market rate of 1981 (but registration fee was paid on value fixed as per 1964 agreement ) is this legal after 17 years to do conveyance Agreement regiester not per market value and no stamp duty paid?
According to the facts provided by you, an agreement of sale was execute for the purpose of transfer of the said immovable property in 1964, however, unregistered sale deed possess the legal sanctity and in case it has to be produced as an evidence we shall be liable to pay stamp duty and get it registered after paying some extra penalty by the order of the court.
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Adv. Siddhant Sharma
Delhi | 500+ Answers
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