Adv.N.K.Mishra

 Adv.Natvar Kumar Mishra

 9 Years Exp

 Land and Property Transfer (Show More)

 Darbhanga , Imambari

 View Answers by this Partner (0)

 Profile Views : 14306

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 : Adv.Natvar Kumar Mishra

Law Firm Name : Adv.N.K.Mishra

Country : India

City : Darbhanga

State : BIHAR

Practicing Since: 2016

About Your Firm : Law for all....

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) ( Mutation )
  Power of Attorneys ( Drafting General Power of Attorney )
  Power of Attorneys ( Drafting Special Power of Attorney )
  Procure Specific Property Document(s) ( Property Tax Paid Receipt )

 Legal & Drafting

  Agreements/Deeds ( Sale deed )
  Lease/Rental Agreements ( NOC From Landlord )
  Construction Approvals ( Residential )
  Affidavits ( Other Affidavits )
  Agreements/Deeds ( Gift Deed )
  Procure Revenue Documents ( Encumbrance Certificate )
  Legal Opinion (Written) ( Plots )
  Property & Documents Inspection ( Plot/Site Insepction )
  Notary & Attestation Services ( Get A Document Notarised )
  Agreements/Deeds ( Sale Agreement/Deed Review )
  Procure Revenue Documents ( Khata Extract )
  Legal Opinion (Written) ( Agriculture Land )
  Property & Documents Inspection ( Documents Inspection in Govt Office )
  Notary & Attestation Services ( Gazetted Officer Attestation )
  Agreements/Deeds ( Mortgage Deed )
  Procure Revenue Documents ( Mutation )
  Legal Opinion (Written) ( Commercial Property )
  Property & Documents Inspection ( Fraud & forgery Inspection )
  Notary & Attestation Services ( Tenant Police Verification )
  Lease/Rental Agreements ( Apartment Rental Agreement )
  Procure Revenue Documents ( Electricity Bill Name Transfer )
  Legal Opinion (Written) ( Revenue/Other Site )
  Property & Documents Inspection ( Agriculture Land Inspection )
  Lease/Rental Agreements ( House Rental agreement )
  Procure Revenue Documents ( Duplicate/Certified copy of sale deed )
  Affidavits ( Name & Address Affidavits )
  Registration Assistance ( Plot )
  Lease/Rental Agreements ( Commercial Office Rental Agreement )
  Procure Revenue Documents ( Certified copy of revenue document )
  Affidavits ( Personal Affidavits )
  Registration Assistance ( Agriculture Land )
  Lease/Rental Agreements ( Commercial Shop Rental Agreement )
  Packages ( Sale Agreement to Registration (Plot/Site) )
  Affidavits ( Student Affidavits )
  Registration Assistance ( Commercial Property )
  Lease/Rental Agreements ( Commercial Lease Agreement )
  Utility/Property Payments ( Property Tax Payment )
  Affidavits ( Passport Affidavits )
  Agreements/Deeds ( Agreement of Sale )
  Lease/Rental Agreements ( Room Rental Agreement )
  Utility/Property Payments ( Electricity Bill Payment )
  Affidavits ( Gas Affidavits )
  Agreements/Deeds ( Construction Agreement )
  Lease/Rental Agreements ( Car Parking Agreement )
  Utility/Property Payments ( Water Bill Payment )
  Affidavits ( General Affidavits )

 NRI Services

  Property Search ( Land And Property Search )
  Propert Transfer ( Land and Property Transfer )
  Buying Selling of Property in India ( Buying/Selling of Property in India )

No Answers Found