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SRA Flat Name change in case buying after 10 Year
09-Oct-2023 (In Property Law)
What is the procedure and approx time for Name Change if Buying a SRA flat from the owner after the 12 years old SRA building.
Please guide urgently.
This is my response to you:
1. This will include a sale deed transfer;
2. The owner will need to obtain permission from the authority, an NOC to sell to you;
3. Then pay the stamp duty and the registration fees;
4. Once that is done the mutation entries will be made at the office of the sub-registrar and the transfer is complete;
5. Consult a local lawyer and begin the process.
Helpful?
36+
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Adv. Gowaal Padavi
Mumbai | 1000+ Answers
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A duly registered sale deed must be used to transfer the property. Without this, it is impossible to obtain a valid title. If the property is sold after 10 years, the government of the state in which it is located can claim a share of the sales revenue.
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Adv. Chikirsha Mohanty
Delhi | 200+ AnswersCONTACT NOW
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