Information

Overview
How to get Khata Extract?

In order to obtain a Khata Extract, the owner needs to follow the below procedure.

    Obtain a notarized copy of the sale deed. This can be obtained from a notary for a fees of Rs. 100/ or so.
    Obtain encumbrance certificate (EC) for the property in question. It takes about 7 days to get the EC. Sale deed is mandatorily required to obtain EC.
    Khata application submission can be done either online or at BBMP office. The application form costs about Rs. 10/-.Submit the filled application form with the documents at BBMP office. The buyer should ensure that he/she gets an acknowledgment form for the same. Note that based on information given based in an RTI, the application form available online cannot be used to file for Khata. The online form is just a sample form.
    It takes around 15 days to process an application. The buyer should keep enquiring till he/she is able to obtain a demand note issued in his/her favor. The amount of registration fees that needs to be paid is indicated in the demand note.
    BBMP revenue in-charge and assistant revenue officer will visit the property in order to assess the value of the property. In case of commercial property (that includes any property that might be rented-out), the property tax is twice the property tax of residential properties.
    After property assessment, BBMP will inform the owner of the size of the property, tax liability, etc. A notice informing the owner of the registration fees is issued within one or two weeks. The registration fee is around 2% of the value of the property in sale deed
    By this stage, Khata registration has been done.
    After paying the Khata registration fees, within a period of 1-2 weeks, BBMP will issue a notice to pay property tax. Only once you pay the property tax will the Khata extract be issued in the buyer’s name.
    The Khata extract, once issued, is valid only for 5 years and needs to be renewed after that. It is obtained by paying a fees of Rs 100/- per extract.
    When does the Owner name and his details Change ?

    The change in Owner name and his details will take place when one of the following transactions occurs :
        a. J-Slip - Sale transaction takes place at SRO.
        b. Inheritance - Death of the Owner.
        c. Division of Land within Family Members.
        d. Court Decree - Order of the court.
        e. Grant by the Government.
        f. Alienation for non-agricultural purposes.
        g. Acquisition by Government.
        h. Podi - Division of RTC into 2 or more.
        i. Pledge/Release of the Land with / from banks.


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Name : Veena R

Law Firm Name : Versatile Legal

Country : India

City : Bangalore

State : KARNATAKA

Practicing Since: 1998

About Your Firm : I am an advocate having 20 years experience. I have initially worked for a senior advocate for 6 years where I was responsible to take care of court matters, property title verifications, registrations, khata transfer and related services. Subsequently, I worked for two leading law firms in Bangalore for a period of 1 1/2 years post which I started practising independently from 2009 onwards. I render services in the areas of litigation, real estate and corporate documentation.

Manpower/Employee Details

Sr Employee Associated Sr Employee Enrollment/Reg.No Sr Employee Enrollment/Reg.State
Veena R Kar 628/1999 Karnataka
Jr Employee Associated Jr Employee Enrollment/Reg.No Jr Employee Enrollment/Reg.State

 

  Legal Opinion/Title Certification ( Villa Project )
  Power of Attorneys ( Drafting General Power of Attorney )
  Power of Attorneys ( Drafting Special Power of Attorney )
  Forming Owners Associations/Societies ( Apartments )
  Forming Owners Associations/Societies ( Layouts )
  Legal Opinion/Title Certification ( Apartment/Builder Floor )
  Legal Opinion/Title Certification ( Residential Layout )

 Legal & Drafting

  Property & Documents Inspection ( House/Apartment Inspection )
  Agreements/Deeds ( Relinquishment deed )
  Lease/Rental Agreements ( House Rental agreement )
  Power of Attorneys ( General Power of Attorney )
  Legal Opinion (Written) ( Villas )
  Property & Documents Inspection ( Documents Inspection in Builder Office )
  Agreements/Deeds ( Mortgage Deed )
  Lease/Rental Agreements ( Commercial Office Rental Agreement )
  Wills ( Make A will )
  Legal Opinion (Written) ( Independent House )
  Agreements/Deeds ( Exchange Deed )
  Lease/Rental Agreements ( Commercial Shop Rental Agreement )
  Notary & Attestation Services ( Get A Document Notarised )
  Legal Opinion (Written) ( Revenue/Other Site )
  Agreements/Deeds ( Release Deed )
  Lease/Rental Agreements ( Commercial Lease Agreement )
  Affidavits ( Name & Address Affidavits )
  Agreements/Deeds ( Agreement of Sale )
  Agreements/Deeds ( Partition Deed )
  Lease/Rental Agreements ( Residential Lease Agreement )
  Affidavits ( Personal Affidavits )
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  Packages ( Sale Agreement to Registration (Plot/Site) )
  Affidavits ( Gas Affidavits )
  Agreements/Deeds ( Gift Deed )
  Registration Assistance ( Plot )
  Procure Revenue Documents ( Encumbrance Certificate )
  Packages ( Sale Agreement to Registration (Apartment) )
  Affidavits ( General Affidavits )
  Agreements/Deeds ( Sale Agreement/Deed Review )
  Registration Assistance ( Apartment )
  Procure Revenue Documents ( Khata Extract )
  Packages ( Legal Opinion to Registration (Apartment) )
  Affidavits ( Other Affidavits )
  Agreements/Deeds ( Construction Agreement Review )
  Registration Assistance ( Revenue/Other Site )
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  Legal Opinion (Written) ( Plots )
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  Agreements/Deeds ( Rectification Deed )
  Lease/Rental Agreements ( Apartment Rental Agreement )
  Procure Revenue Documents ( Khata Transfer )
  Legal Opinion (Written) ( Apartment )

 NRI Services

  Power of Attorneys for NRIs ( General Power of Attorney by NRI )

Subject :  Cost of rental agreement
Question :  What is the total cost of rental agreement including stamp paper for rental in Hebbal apartment and how much time to send

Answer by Versatile Legal :  If the term of the rent is less than one year, the minimum stamp duty payable is Rs. 500/- on a rental agreement. Normally, the stamp duty is payable on the rental value and the security deposit that is paid. If the details of the property, rent and security deposit, parties addresses are sent, we could take about two hours to send the draft of the rental agreement.

Subject :  Drafting a Will
Question :  Can i specify an under construction property in the Will? The property will be delivered only after a year. But i want to register the Will now by bequeathing my properties to my son. Is that possible?

Answer by Versatile Legal :  Yes you can but incorporate the property description in detail and also specify that this property is under construction and will be delivered to you within a particular timeframe. In the event you have signed an agreement of sale with the builder, make the agreement as an annexure to the Will, so that it will not be disputed later on that the property was acquired after execution of the will.

Subject :  Difference between a "mortgage" and a "lease"?
Question :  What is the difference between a "mortgage" and a "lease" Please explain

Answer by Versatile Legal :  Mortgage is the transfer of an interest in specific immovable property for the purpose of securing the payment of money advanced or to be advanced whereas lease of an immovable property is the transfer of a right to enjoy a property for a specified time period and can be express or implied. In a mortgage, there is interest involved whereas in a lease, the permission to use the property is granted subject to payment of lease rent and security deposit.