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Purchasing and selling real estate is a significant life milestone. There should be a lot of preparation and process involved if you are investing in or purchasing real estate for the first time. Purchasing real estate and registering it requires careful preparation, legal confirmation, and—above all—accurate documentation. At People’s Property Point, we are aware of how difficult it may be to purchase real estate, register it, and collect all the required documentation. This post will examine the crucial paperwork needed for property registration in India in order to expedite the legal process.

Property Registration – Overview

The buyer’s name is listed with the government authority during this process. This procedure, which is regulated by the Registration Act of 1908, is extremely important in India if you own property. The registration process should be followed carefully because it is about getting ownership of the property.

The buyer may be subject to legal issues and may lose ownership of the property if the documents are not properly registered. It is essential to register the property and collect the necessary documents in advance to avoid any legal problems in the future.

Why are documents necessary in Property Registration

  • Ownership of the property is legalised only after registration.
  • If you have property documents, then there will be no disputes in the future for any disputes
  • Banks can approve a loan if you have the correct documents for the property

Let’s find out the important documents that are needed for Property Registration

If you are buying any property, the important part is the documents and their transparency, so you will know there are no disputes and nothing wrong with the property.

Sale Deed:

This is an important document in any property transaction because it is legal proof of ownership of the property

  • Name of Buyer and Seller
  • Property Information
  • Amount of sale
  • Clause of ownership
  • Certificates in which there are different categories, such as:

Khata Certificarte

This document is required in many states in India, like Himachal Pradesh and Karnataka. It proves that the property is entered in the government record and is also eligible for the property tax.

  • A Khata Certificate is needed for registration and transfer of property.
  • Khata Extract has the company details from Municipal records.

Encumburance Certificare

This certificate will tell you the legal status of the property, and it shows:

  • Pending Loans
  • Legal dues
  • Mortgages

Occupancy Certificate

If an occupancy certificate is not applied for, then the property may be considered unauthorized and illegal, so you should apply for this certificate, which helps with:

  • Safety norms
  • Local laws followed
  • Construction complies with approved plans
  • Ready for occupancy

Building Plan:

If you are buying property and want to make a home there, you should apply for a building plan so there will be no restriction on making your new home.

Receipts of Property Tax:

It is also an essential document in which you have the proof that the current owner has cleared all the taxes, and make sure to collect the No-due certificate.

Allotment Letter:

This letter is something you need to know while buying property from a builder or housing society. It ensures:

  • Breakdown of the cost
  • Payment Terms
  • Details of the Project
  • Unit number allotted

Possession certificate:

This includes:

  • Possession date
  • Maintenance responsibilities
  • Keys handover

Selling Agreement

With the terms and conditions listed under this title, this document guarantees that you own the property, including

  • Payment Plan
  • Timelines
  • Sale Price
  • Penalties

Identity Verification

  • The Aadhaar card
  • Pan Card
  • Voter ID/Passport/Driving License
  • Passport-size photograph

Power of Attorney

  • If someone wants to register under the behalf of owner
  • Includes a detailed authorized transaction

Now Steps of Property registration in India

  • Verification of Documents of Property
  • Stamp-duty
  • Registration Charges
  • Appointment in Registrar’s Office
  • Signing the sale deed
  • Biometric Verification
  • Document Submission
  • Registration

Stamp Duty and Registration Charges

You can consult with the People’s Property Point for the fees for stamp duty and charges. This is the last part of the documentation; after that, the property will be yours legally.

Check the list of documents

  • Sale deed
  • Khata documents (if necessary)
  • Encumbrance Certificate
  • Property Tax Receipts
  • Identity Proofs
  • Occupancy Certificate
  • Possession Certificate
  • Stamp duty and Registration Charges
  • Power of Attorney

Why choose People Property Point

  • Offer guidance in Document verification
  • Help in Legal Compliance
  • With the experts’ help in stamp duty calculation
  • Appointments
  • Hassle-free property registration

You don’t have to take tension or need to worry when you choose People’s Property Point for registration of property, here the team ensures that everything goes through a legal process and a transparent property registration experience.

Ready to register

With the help of People’s Property Point, you may register a property more easily and worry-free. Give us a chance to fulfill your goals, and we’ll take care of all the paperwork so you can enjoy the process of creating your new home.

FAQs
Q1. Registration is important, why?

Ans. Since registration will fall under a government body that is legally recognized as belonging to you, it will assist you in proving legal ownership and in resolving disputes.

Q2. Is there an option to register a property online in India?

Ans. There are a few states that offer partial online registration services, but for final registration, you have to visit the registrar’s offices.

Q3. Is there any possible chance to register the property under my wife’s name?

Ans. You can simply register under a Power of Attorney if you want to register a property name under someone else’s name, but make sure the individual is available when you do so.

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