Which property documents need to be registered compulsorily?
23-May-2023 (In Property Law)
What all kind of property documents are required to be registered under the Indian law?
"As a general rule of thumb, any document affecting the rights of a person in a immovable property is required to be registered. The primary exception to this general rule is a Will.
Section 17 of the Indian Registration Act, 1908 requires compulsory registration of the following property documents:
• Instruments of gift of immovable property.
• Instruments (other than a will) which affect rights in any immovable property.
• Instruments (other than a will) which acknowledge the receipt or payment of any consideration for affecting rights in immovable property.
• Leases of immovable property for any term exceeding one year or provide for a yearly rent.
• Instruments (other than a will) transferring or assigning any decree or order of a court or any award affecting rights in immovable property."
Section 17 of the Indian Registration Act, 1908 requires compulsory registration of the following property documents:
• Instruments of gift of immovable property.
• Instruments (other than a will) which affect rights in any immovable property.
• Instruments (other than a will) which acknowledge the receipt or payment of any consideration for affecting rights in immovable property.
• Leases of immovable property for any term exceeding one year or provide for a yearly rent.
• Instruments (other than a will) transferring or assigning any decree or order of a court or any award affecting rights in immovable property."
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