Which all particulars of a property are to be mentioned while registry
03-May-2023 (In Property Law)
Is it necessary to mention the exact proportionate share of land of an apartment in square feet or percentage in the sale deed?
Sir, mentioning the details of proportionate share of land in sale deed is not necessary. Only the words “proportionate share” is enough. No details are necessary. Please call if you have further questions.
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It is not mandatory to mention the exact proportionate share of land of an apartment in the sale deed. You can mention the exact proportionate share of land of an apartment in the sale deed or you can simply mention all the names of the persons.
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It is not necessary to mention the percentage or exact proportionate share of the property in the sale deed, but now a days the registrar of lands/property compels you to write the same as that makes their job easier to assess the market value of the property in the query for assessment of stamp duty and registration cost. Don't worry that should not bother you in future. All the best. Regards
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