88+ Lawyers are online 
Sale deed can be legally ok if payment details are not there
22-Sep-2023 (In Property Law)
Need to get into an final sale deed without mentioning the payment details. Only total consideration amount will be there in teh sale deed and it will be SRO registered.
Will it impact the legal transfer of ownership? I am doing this as getting the same property at discounted rate below the circle rate. I am ok to pay the stamp duty as per circle rate.
Hello there!
Payment schedule under the Sale Deed is an essential part of the Sale Deed. You should mentioned it in Sale Deed. Even if the consideration value is less than market value it would not hamper your sale transaction. you will just have to pay stamp duty on market value of the property.
Payment schedule under the Sale Deed is an essential part of the Sale Deed. You should mentioned it in Sale Deed. Even if the consideration value is less than market value it would not hamper your sale transaction. you will just have to pay stamp duty on market value of the property.
Helpful?
Adv. Shweta Joshi
Pune | 200+ Answers
Chat
What are the documents for land ownership in India?
In India, land is owned primarily through a recorded sale deed. This document records the transaction between buyer and seller. The record of rights, which contains the details of the property, property tax receipts and survey documents are also used to establish the ownership.
What is double registration of land in Telangana?
In Telangana, it is possible that land has been registered twice. This means that the owner of the plot sold the property twice. The registrar is not responsible for determining if a property is registered in another persons name. He cannot be held liable in terms of his obligations.
What are property documents?
The description of the property document shows details about the property, e.g. Area, owners name
How do you deal with double registration?
Hello, to cancel double registration (assuming that there is a double registry for a particular property), you can file a case with the District Court for the cancellation of the second registration and affirmation of ownership rights.
yes. you can do it. the amount will have to in cash though. the stamp duty will be payable as per the ready reckoner rates prevailing at the time of execution of the sale deed. if it is a resale property, you could calculate the concession as per depreciation of the value of the same.
Helpful?
Adv. Sudarshan Desai
Pune | 200+ Answers
CONTACT NOW
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.
Connect with top Property lawyers for your specific legal issue
No Comments! Be the first one to comment.
"lawrato.com has handpicked some of the best Legal Experts in the country to help you get practical Legal Advice & help."
