Agreement For Sale Registration Maharashtra

In accordance with Section 25 of the Maharashtra Registration Act, the expected document for the registration of a deed of ownership must be made available to the respective Registrar within four months of the date of registration of the property. In case of non-compliance with the previous one, a fine equal to ten times the registration fee of the land registry is paid when registering the real estate. In cases where you have acquired and taken possession of a property under a sale agreement, the title to the land will still remain with the developer, unless a sales record has been subsequently executed and registered under the Indian Registration Act. Thus, it is clear that a security in a property can only be transferred by a deed of sale. In the absence of a deed of sale duly stamped and registered, no right, property or interest for a property, the buyer of the property. A purchase agreement is an agreement to sell a property in the future. This agreement sets out the conditions under which the property in question is transferred. Under Section 49 (c) of the Act, a document that is not required to be registered under section 17 of the Registry Act cannot be brought into evidence. Documents are recorded for the purpose of preserving evidence, protecting property, publishing documents and preventing fraud. In addition, registration helps an intentional buyer know whether the title to a particular property has been deposited with an individual or financial institution in order to obtain an advance on the security of that property. What are these documents that are optional to be registered? If all the persons who carry out the document appear personally before the official and/or if they know it personally, or if he is otherwise convinced that they are the persons they represent themselves and all admit the execution of the document, the registry officer should register the document in accordance with section 58 of that law. It should approve the following mentions: (a) the signature and approval of any person who authorizes the execution of the document in person or by its representative, recipient or agent; (b) the signature and admission of any person examined with respect to such a document; (c) any payment of money or delivery of goods made in the presence of the registry officer for the purpose of executing the document and any purchase period in its presence in the context of that execution.

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