Law chamber

 PAVANANJAYA

 19 Years Exp

 Land and Property Transfer (Show More)

 Dakshina Kannada , Kodiyalbail

 View Answers by this Partner (0)

 Profile Views : 59414

Information


Overview

"The process of transferring title in India can be quite cumbersome especially if the paperwork is not in order as it will involve several court matters,"

Propertified provides legal services for Non Resident Indians (NRIs.) for transferring their properties. As per legal requirement, a Will is not required to be registered. It can just be written on a plain piece of paper. However, registration makes it a valid document that can be presented in the court.

In the absence of a Will, the heirs would need to obtain a Succession certificate from the court. The heirs will have to submit various documents such as death certificate of the deceased, the birth certificate of the heirs, copy of the ration card, bank statement of the heirs etc. These documents are needed to prove that the heirs are indeed the rightful successors.

Original purchase deed of property and registration documents In case of old properties, the original purchase deed may not be available. In such cases, you would need to procure certified copies of the title deed from the jurisdictional registrar's office.

The Encumbrance Certificate records and reflects all the transactions occurred in respect of an immovable property be it a sale, lease, mortgage, gift, partition, release, etc.

Khata is a record that shows the entry of the property owners details in the records of the Corporation/Municipality. It contains details such as name of property owner, type of property, property taxes paid/ payable etc. It is basically an evidence of who owns and possesses the property concerned.

How is Khata different from the property registration? The registration document shows the purchase or sale of the property from one owner to another with various rights thereon, whereas the Khata shows the annual property taxes paid. Ideally, when registration of a property changes, automatically the Khata should also be changed in the municipal records. Unfortunately, that automatic process does not happen and Khata must be transferred separately.

Transfer of title can be done through mutation of revenue records/ transfer of Khata. Mutation of revenue records means updating the details of new owner of the property in the books of the respective development authority, that is, either the municipal corporation or the village panchayat.

In order to do this, you must submit all the documents mentioned above to the authority.

While the transfer must be effected locally, that is, within India and within the same jurisdiction where the immovable property is situated, it can be executed by an NRI using a Power of Attorney (PoA). For the succession certificate too, the NRI can have someone represent him/her through the PoA.

Transfer of title can be done through mutation of revenue records/ transfer of Khata. Mutation of revenue records means updating the details of new owner of the property in the books of the respective development authority, that is, either the municipal corporation or the village panchayat.

The NRI can issue a PoA in favor of a local representative, authorizing such person to do certain specified and incidental acts/deeds and things. Such PoA should be duly notarized by an attorney in the country of the NRI's residence followed by attestation at the nearest Indian consulate in that country. This must be handled by the NRI in his country of residence.

Next, the PoA needs to be registered in India (via adjudication process) by paying requisite fees/stamp duty to the Department of Stamps and Registration. This can be handled by the PoA holder."


Can't read the image? click here to refresh.

Enter the code :

Name : PAVANANJAYA

Law Firm Name : Law chamber

Country : India

City : Dakshina Kannada

State : KARNATAKA

Practicing Since: 2006

About Your Firm : I am practicing since 2006 as a civil Advocate in Mangalore I am handling civil Matters M.C Cases , Consumer cases Registration work Revenue work, Legal Opinion etc

Manpower/Employee Details

Sr Employee Associated Sr Employee Enrollment/Reg.No Sr Employee Enrollment/Reg.State
Jr Employee Associated Jr Employee Enrollment/Reg.No Jr Employee Enrollment/Reg.State

 

  Procure Specific Property Document(s) ( Encumbrance Certificate )
  Packages ( Commercial complex )
  Procure Specific Property Document(s) ( Khata / Khata Extract )
  Legal Opinion/Title Certification ( Apartment/Builder Floor )
  Procure Specific Property Document(s) ( Khata Certificate/Transfer )
  Legal Opinion/Title Certification ( Residential Layout )
  Power of Attorneys ( Drafting General Power of Attorney )
  Legal Opinion/Title Certification ( Villa Project )
  Forming Owners Associations/Societies ( Apartments )
  Legal Opinion/Title Certification ( Commercial complex )
  Land Sourcing ( Apartment/Builder Floor )
  Agreements/Deeds(Bulk) ( Memorandum of Understanding )
  Land Sourcing ( Residential Layout )
  Agreements/Deeds(Bulk) ( Joint Development Agreement )
  Land Sourcing ( Villa Project )
  Agreements/Deeds(Bulk) ( Agreement of Sale )
  Land Sourcing ( Commercial complex )
  Packages ( Apartment/Builder Floor )
  Agreements/Deeds(Bulk) ( Agreement of Sale with GPA & Possession )
  Packages ( Residential Layout )
  Project Approvals ( Conversion of Land )
  Packages ( Villa Project )

 Legal & Drafting

  Procure Revenue Documents ( Duplicate/Certified copy of sale deed )
  Agreements/Deeds ( Memorandum of Understanding )
  Packages ( Sale Agreement to Registration (Apartment) )
  Affidavits ( Personal Affidavits )
  Lease/Rental Agreements ( Commercial Shop Rental Agreement )
  Agreements/Deeds ( Sale deed )
  Property & Documents Inspection ( Agriculture Land Inspection )
  Consultation on Property ( Property Selling )
  Procure Revenue Documents ( Certified copy of revenue document )
  Registration Assistance ( Plot )
  Packages ( Legal Opinion to Registration (Apartment) )
  Affidavits ( Student Affidavits )
  Lease/Rental Agreements ( Commercial Lease Agreement )
  Agreements/Deeds ( Gift Deed )
  Property & Documents Inspection ( Industrial / Commercial Inspection )
  Procure Revenue Documents ( Encumbrance Certificate )
  Procure Revenue Documents ( Certified copy of registered GPA/SPA )
  Registration Assistance ( Apartment )
  Legal Opinion (Written) ( Plots )
  Affidavits ( Passport Affidavits )
  Lease/Rental Agreements ( Residential Lease Agreement )
  Procure Revenue Documents ( Khata Extract )
  Agreements/Deeds ( Sale Agreement/Deed Review )
  Procure Revenue Documents ( Certified copy of registered documents )
  Registration Assistance ( Villas )
  Legal Opinion (Written) ( Apartment )
  Affidavits ( Gas Affidavits )
  Lease/Rental Agreements ( Room Rental Agreement )
  Procure Revenue Documents ( Khata Certificate )
  Agreements/Deeds ( Construction Agreement Review )
  Procure Revenue Documents ( Other Revenue Documents )
  Wills ( Make A Codicil )
  Registration Assistance ( Independent House )
  Legal Opinion (Written) ( Villas )
  Affidavits ( General Affidavits )
  Lease/Rental Agreements ( Car Parking Agreement )
  Procure Revenue Documents ( Khata Transfer )
  Agreements/Deeds ( Rectification Deed )
  Power of Attorneys ( General Power of Attorney )
  Notary & Attestation Services ( Get A Document Notarised )
  Registration Assistance ( Agriculture Land )
  Legal Opinion (Written) ( Independent House )
  Affidavits ( Other Affidavits )
  Lease/Rental Agreements ( Settlement Of Rental Agreement )
  Procure Revenue Documents ( Mother Deed Extract )
  Agreements/Deeds ( Relinquishment deed )
  Power of Attorneys ( Revoke/cancel Power of Attorney )
  Notary & Attestation Services ( Gazetted Officer Attestation )
  Registration Assistance ( Commercial Property )
  Legal Opinion (Written) ( Agriculture Land )
  e-stamp paper ( Get E-stamp paper )
  Lease/Rental Agreements ( Paying Guest Agreement )
  Procure Revenue Documents ( Copy of Grant Certificate )
  Agreements/Deeds ( Mortgage Deed )
  Construction Approvals ( Residential )
  Utility/Property Payments ( Property Tax Payment )
  Registration Assistance ( Revenue/Other Site )
  Legal Opinion (Written) ( Commercial Property )
  Property & Documents Inspection ( Plot/Site Insepction )
  Lease/Rental Agreements ( Leave And Licence )
  Procure Revenue Documents ( Pahani/RTC )
  Agreements/Deeds ( Exchange Deed )
  Construction Approvals ( Commercial )
  Utility/Property Payments ( Electricity Bill Payment )
  Lease/Rental Agreements ( Apartment Rental Agreement )
  Legal Opinion (Written) ( Revenue/Other Site )
  Property & Documents Inspection ( House/Apartment Inspection )
  Lease/Rental Agreements ( NOC From Landlord )
  Procure Revenue Documents ( Mutation )
  Agreements/Deeds ( Release Deed )
  Packages ( Legal Opinion to Registration (Plot/Site) )
  Wills ( Make A will )
  Utility/Property Payments ( Water Bill Payment )
  Lease/Rental Agreements ( House Rental agreement )
  Agreements/Deeds ( Agreement of Sale )
  Property & Documents Inspection ( Documents Inspection in Govt Office )
  Lease/Rental Agreements ( Other Lease/Rental Agreements )
  Procure Revenue Documents ( Electricity Bill Name Transfer )
  Agreements/Deeds ( Partition Deed )
  Packages ( Sale Agreement to Registration (Plot/Site) )
  Affidavits ( Name & Address Affidavits )
  Lease/Rental Agreements ( Commercial Office Rental Agreement )
  Agreements/Deeds ( Construction Agreement )
  Property & Documents Inspection ( Fraud & forgery Inspection )
  Consultation on Property ( Property Buying )

 NRI Services

  Property Disputes ( Illegal Sale of Land And Property )
  Property Disputes ( Illegal Transfer of Land And Property )
  Succession Certificate ( Succession Certificate )
  Power of Attorneys for NRIs ( General Power of Attorney by NRI )
  Power of Attorneys for NRIs ( Special Power of Attorney by NRI )
  Buying Selling of Property in India ( Buying/Selling of Property in India )
  Property Search ( Land And Property Search )
  Propert Transfer ( Land and Property Transfer )
  Property Partition ( Partition of Land And Property )

 Realtors

  RERA Consultation ( RERA Approved Agent )
  RERA Consultation ( RERA Consultant )

Subject :  Registration of property
Question :  Hello, I want advice on property registration. I have flat of 900 super built up area in Patna which I want to sell for Rs 27 lakhs. A buyer has agreed and an agreement has been made accordingly. However as per valuation the value of a property of 900 sq feet in my area is Rs 36 lakhs. Now the buyer wants to register the sale deed at Rs 36 lakhs. As payments will be made to my bank account, what will be the legal aspects and tax problems as payment amount will be Rs 27 lakhs,and I shall have to pay income tax accordingly. Please advice on the course of action to be taken. Thank you

Answer by Law chamber :  Yes you have to pay income tax on 36 lakhs you shoud avaid that you can do sale deed 27 lakhs ok

Subject :  Registration of property
Question :  Hello, I want advice on property registration. I have flat of 900 super built up area in Patna which I want to sell for Rs 27 lakhs. A buyer has agreed and an agreement has been made accordingly. However as per valuation the value of a property of 900 sq feet in my area is Rs 36 lakhs. Now the buyer wants to register the sale deed at Rs 36 lakhs. As payments will be made to my bank account, what will be the legal aspects and tax problems as payment amount will be Rs 27 lakhs,and I shall have to pay income tax accordingly. Please advice on the course of action to be taken. Thank you

Answer by Law chamber :  Yes you have to pay income tax on 36 lakhs you shoud avaid that you can do sale deed 27 lakhs ok

Subject :  Registration of property
Question :  Hello, I want advice on property registration. I have flat of 900 super built up area in Patna which I want to sell for Rs 27 lakhs. A buyer has agreed and an agreement has been made accordingly. However as per valuation the value of a property of 900 sq feet in my area is Rs 36 lakhs. Now the buyer wants to register the sale deed at Rs 36 lakhs. As payments will be made to my bank account, what will be the legal aspects and tax problems as payment amount will be Rs 27 lakhs,and I shall have to pay income tax accordingly. Please advice on the course of action to be taken. Thank you

Answer by Law chamber :  Yes you have to pay income tax on 36 lakhs you shoud avaid that you can do sale deed 27 lakhs ok