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Regd Conveyance Deed & all charges & who pays the charges
26-Jul-2023 (In Property Law)
Regd Conveyance Deed & all charges & who pays the charges. Builder asking each flat owner to pay Rs1000 as registration fees for conveyance deed & told to pay to lawyer account. Society has total 188 flats & society is registered/formed by builder. Need to know who has to pay the charges & what all goverment charges are to be paid for conveyance deed & who pays that, What all documents are required from each flat owner & society & builder for the conveyance deed
This is my response to you:
1. You will have to pay stamp duty if not paid;
2. Pay the registration fees which is nominal;
3. If only thousand rupees is payable by each member then it is reasonable;
4. Consult a local lawyer and take steps.
1. You will have to pay stamp duty if not paid;
2. Pay the registration fees which is nominal;
3. If only thousand rupees is payable by each member then it is reasonable;
4. Consult a local lawyer and take steps.
Helpful?
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Adv. Gowaal Padavi
Mumbai | 500+ Answers
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What is conveyance charge?
The conveyance charge is the stamp duty under the Indian Stamp Act of 1899 and the registration fees under the Applicable laws, as well as all incidental costs and legal expenses for the preparation and execution the conveyance deed.
What is conveyance in stamp duty?
Conveyance refers to an act whereby the ownership of property is transferred to a new owner. When the ownership is transferred from the seller, a legal document is created. 16 Aug 2023
What is the cost of conveyance deed in Maharashtra?
The cost of conveyance deeds varies by state. Maharashtra charges INR 2000 for a deemed conveyance. 31 Oct 2023
What is the charge of conveyance deed in Thane?
Listen to this Conveyance Agreement, Sale Agreement, or Agreement for Sale
The Bombay Stamp Act of 1958, Schedule I, Article 25, deals with Stamp Duty. The registration fee is equal to 1% of Market Value (MV), or Rs. 30,000. 10 Oct 2023
The registration fee is 1% plus Rs.100 of the value of the conveyance deed. The Sub-Registrar Office will require 100/- as a pasting fee at the time registration.
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Adv. Chikirsha Mohanty
Delhi | 200+ AnswersCONTACT NOW
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