REAL ESTATE LAW
Whether you are selling or buying a piece of real estate, you must register it. Registration of property is governed by The Registration Act 1908. To register the sale deed, the party must ensure that it has a legally valid title and that all necessary parent documents are in place. The stamp duty for the sale deed must be paid by the value of the property or transactions mentioned in the document. The buyer must schedule an online appointment with the registration department to register the sale deed. The original sale deed and the parent document must be presented to the registrar on the registration date. The most crucial factor to consider when purchasing any property is tracing the title, for which we have a team of experts.
Cancellation of Sale Deed
The aggrieved party could cancel any forged sale deed. Because of the high demand for land and property, the miscreant has created many forged sale deed documents. We are familiar with the cancellation of forged sale deed documents.
Settlement Agreement
The sale and settlement deeds are identical. The settlement is between family members, whereas the sale is to anyone. The buyer will pass the sale consideration to the seller in the sale. There was no consideration given to the settlement deed because it was given out of love and affection between family members.
Will
There is always a cat on the wall with Will. The Will, whether registered or unregistered, can be challenged in court. The executor's sound mind is required for the Will to be valid. It is optional to have the Will registered with the authorities. Recently, the registration department's circular has insisted on the Probate of the Will through a Court of Law. Only after the Probate of the Will can the next transaction based on the Will be completed.
Other registration: The Registration Act of 1908 and the Tamilnadu Registration Rules of 1955 empower authorized persons to register power of solicitor, mortgage registration, marriage registration, and sale agreement registration.