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If
I purchase an
immovable property
what I have
to do to get
it registered?
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The
following
steps are
involved in
registration
process: |
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Ascertain
the market value
of the property
to calculate
the stamp duty,
transfer duty,
and registration
fee payable
on the instrument.
The market value
assistance counter
in Sub Registrar
(CARD) office
will provide
these particulars
if you furnish
the details
of the property
in whose jurisdiction,
the property
is situated. |
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Basing
on the market
value of the
property you
have to purchase
the stamp paper.
You can purchase
the stamp papers
at sub registrar
office where
stamp counters
exist or from
the licensed
stamp vendor.
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Then
the document
has to be written
and executed
in the presence
of two witnesses. |
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Necessary
enclosures have
to be enclosed
to the document. |
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The
document has
to be presented
to concerned
Sub Registrar
in whose jurisdiction
the property
situated. |
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Then
the Sub Registrar
will scrutinize
the document
regarding classification
of the document
and payment
of proper stamp
duty etc., |
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You
have to pay
the deficit
stamp duty,
if any. |
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The
executant (Seller)
should appear
before the Sub
Registrar and
admit execution
of the document.
The two witnesses
are required
to be present
before the Sub
Registrar to
authenticate
the identity
of the executant
(Seller). |
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The
SR endorses
the admission
of execution
after following
office procedures
and he will
add registration
certificate
on the document
itself. Then
the document
will be returned
to the claimant
(Purchaser)
or to his authorized
agent. |
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In
CARD office
the document
will be returned
within 1 hour
after presentation
before the Sub
Registrar |
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In
non CARD office
the document
will be returned
on the fourth
day. |
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How to know
about the Market
Value of a property? |
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You
can contact
the concerned
Sub-Registrar
Office where
the subject
property is
located and
verify the Market
Value in the
M.V. Guide line
registers made
available to
the Public.
In computerized
offices, we
have a separate
counter for
Market Value
Assistance from
which you can
know the Market
Value. |
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Is
it compulsory
to register
an agreement
of Sale?
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It
is compulsory
to register
as per the
amendment
made to the
Registration
Act w.e.f.
1-5-1999. |
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How
to know about
the Stamp duty
and other duties
if any to be
payable if I
want to go for
registration
of immovable
property in
computerised
offices? |
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All
the details
of stamp duty,
transfer duty
and the registration
fee can be obtained
in the check
slip from the
Market Value
Assistance Counter
in the Sub-Registrar's
Office. |
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How
to get the same
information
if the property
is situated
in non-computerised
office? |
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You
can directly
approach the
Sub-Registrar
to know the
information
on stamp duty,
transfer duty
and registration
fee to be
paid. |
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Where
to present a
Document for
Registration?
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Documents
relating to
immovable
properties
in Karnataka. shall
be registered
in Karnataka. only
at the following
offices:
Sub-Registrar
Office under
which the
property is
situated.
District Registrar
office of
the Registration
District under
section 30
of Indian
Registration
Act 1908.
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What
are the annexures
to be enclosed
in the case
of agricultural
land registration?
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Land ceiling
form |
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Patta transfer
application |
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Title deed
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Pattadar passbook
as required
under ROR Act |
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If
the value of
property exceeds
5 lakhs Income
Tax Clearance
Certificate
from the Income
Tax Department.
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What
are the annexures
to be enclosed
in the case
of registration
of Non-agricultural
properties like
Sites and Buildings?
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If
Site is situated
in areas covered
under ULC
Act, clearance/
permission
from ULC.
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Plan
of the property.
In the case
of building
Annexure I-A
duly stating
particulars
of plinth area.
In the case
of Building
falling in ULC
area Part-I
and Part-II
declarations,
affidavits &Tax
Receipts. |
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Income
tax clearance
certificate
under Sec.230-A
of IT Act 1961
where property
value exceeds
Rs.5 lakhs |
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No objection
certificate
(if value exceeds
Rs. 20 Lakhs
and property
is located in
Municipal Corporation
of Chennai)
as per Sec.269-UC
of IT Act. |
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What
are compulsorily
registerable
documents? |
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Mainly
all documents
relating to
sale, exchange,
gift, gift settlement,
partition, mortgage,
lease, agreement
of sale, consent
(iqbal) decrees,
etc., of immovable
property of
the value of
one hundred
rupees and above
are compulsorily
registerable.
(Vide Section
17(1) of the
Registration
Act, 1908).
The remaining
categories of
documents mentioned
in Sec.18 of
The Registration
Act 1908 are
optionally registerable
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Buyers
/ Sellers 
