Saturday 29 August 2015

PROPERTY DOCUMENTS AND REGISTRATION


The Indian Registration Act, The Registration (Karnataka Amendment) Act 1975, The Karnataka Registration Rules 1965, govern the registration of documents. Every person may have to visit the office of registration for registering documents at least once in his lifetime, but provisions of Registration Act remain unknown to common public. This article discusses certain provisions, rules of registration. 

All documents do not require registration compulsorily. The Transfer of Property Act, 1882 and the Indian Registration Act, 1908 have made registration of certain documents compulsory while in respect of certain other documents it is optional. According to section 17 of the Indian Registration Act, 1908 registration of documents is compulsory if they relate to an immovable property. Similarly, Section 54 of Transfer of Property Act 1882, stipulates that sale of immovable property the value of which is one hundred rupees or more should be registered. Since no immovable property is available for rupees one hundred or less than rupees one hundred, implicitly all sale deeds of immovable property need compulsory registration

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