What is Registration of Property Documents?
Registration is the process of recording a copy of a document, transferring the
title in immovable property to the office of the Registrar.
Registration acts as proof that
a transaction has taken place.
The registration of a document
serves as a notice of the transaction, to the persons affected by the
transaction. Registration also serves as an implied notice to any person
subsequently acquiring interest in the property, covered by the registered
document.
When a document, which is
compulsorily to be registered, is not registered, it fails to confer any title
given by the document.
The real purpose of
registration is to ensure that every person dealing with property for which
compulsory registration is required, can confidently rely on the statement
contained in the register, as being a full and complete account of all
transactions by which the title may be affected. A certificate of Registration
is mere evidence that a document has been registered. It is not proof that it
has been executed.
When the execution of a
document is directly in dispute between two parties, the fact that the document
is registered is not sufficient to prove its genuineness. Registration does not
automatically dispense with the necessity of independent proof that the document
was executed.
Registration is done after the
parties execute the document. The agreement should be registered with the
Sub-Registrar of Assurance under the provisions of the Indian Registration Act,
1908 within four months from the date of execution of the document. However, if
due to any unavoidable circumstances, the document is not registered within the
time limit, then the document can be registered only on making an application to
the Sub-Registrar of Assurance within a further period not exceeding four months
and on payment of appropriate fine.
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Is registration compulsory for all types of transfer of immovable properties?
Except in case of transfer of shares of a
co-operative housing society and housing limited company where registration is
optional, virtually in all cases of transfer of immovable property like family
arrangement, agreement to sell, conveyance, gift deed, lease deed (above one
year), leave and license agreement, tenancy agreement, declaration deed, power
of attorney to sell for consideration etc. has to be registered compulsorily
under Indian Registration Act,1908 otherwise the proper legal title will not
pass on to the purchaser/transferee i.e. the title will be defective if
registration is not done.
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In
what languages should the document be written so that it can be registered in
Mumbai?
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It should be normally be written is English,
Hindi, Marathi and Gujarati only.
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After how long is the document given for registration returned?
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Documents lodged for registration prior to
October 1, 1995 are sent to Pune, after it is indexed, for microfilming and only
then it is returned to the party, which may take a few years. All the documents
lodged for registration on or from October 1, 1995 are returned to the party
within a few days of indexing the same because only the photocopy is sent to
Pune for microfilming. After February 1, 2002 when the registration process was
computerized, normally the documents have been returned within half an hour.
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Why
does it take so long time for documents to be returned in old cases?
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The above mentioned procedure is one of the
reasons but the major reasons due to which the document remained pending at the
office of sub-registrar and not being indexed and not returned to the Owner are
as follows:-
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Stamp Duty was not paid according to the Market Value.
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Income Tax Clearance certificate U/s 230 was not attached where
required (See Note (i) below).
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N.O.C. of Appropriate Authority in Form 37-1 was not attached where
required. (See Note (ii) below).
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N.O.C. under Urban Land Ceiling Act was not attached where required.
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Certain parties to the Agreement had not admitted execution in front
of the Sub-Registrar
The above deficiencies were always pointed
out at the time of registration by way of remark (such as MV, 230A, 37-1, NOC,
ADM) on the registration receipt itself but due to ignorance, owners have never
cared to clear them and hence documents which do not have deficiencies mentioned
in the points mentioned above. However deficiency relating to non-admission is
tolerated and the document is accepted and kept pending for admission only.
Note:
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Income tax clearance certificate under Section 230A of Income Tax
Act, 1961is now not required from 01-06-2001 even for documents accepted for
registration before 01-06-2001 as requirement for such certificate was on the
day of registration receipt itself but due to ignorance and a document was
considered to be registered on the day it is Indexed and if it is not indexed
uptil now no Income Tax Clearance certificate is required even for old cases.
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N.D.C. of Appropriate Authority in Form 37-1 is also not required
from 01-07-2002. As above NOC is now obtainable this is applicable even for old
cases.
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What
are the papers/requirements at the time of registration of documents? Please
give full details.
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A document should be fully stamped as per the
Stamp Duty Ready Reckoner so as to confirm that proper stamp duty has been paid.
The Stamp Duty Ready Reckoner is a public document and is available for
inspection at a sub- registrar?s office.
For registering documents relating to property, one should go the respective
registration office along with the original document and one photocopy. The
document must be printed or typed on one side only and in black colour. A
photocopy should be taken on only one side of the paper and the paper should be
of 90 GSM thickness. There should be butter paper between the two sheets of the
photocopy.
Apart from a properly executed and fully stamped duty paid document which is to
be registered, the following documents are also required before the registration
procedure is started.
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No Objection Certificate under the Urban Land Ceiling Act if the
area of land transferred exceeds 500 sq. mts. in Mumbai City.
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If the land belongs to a government or semi- government body or to a
charitable trust the no objection certificate of such government or semi-
government body or to a charitable trust.
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Property Card of the land on which the property is being registered
is situated. This requirement is irrespective of whether land is sold or the
building is being sold or any other part of the building is being sold and also
irrespective of whether the seller of the property is recorded as the owner on
the property card or not. In other words, even the flat owners are expected to
produce this paper at the time of registration.
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If property sold/purchased is in the old building and the benefit of
depreciation is claimed on the market value, then any one of the following
documents is to be produced as a proof of old construction:
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Municipal assessment bill of the building OR
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Building Completion Certificate OR
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Original registered agreement between the builder and original purchaser of
that flat or of any other flat in that building
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Original registered agreement between the builder and original purchaser of
that flat or of any flat in that building.
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It is better to get the document adjudicated in case the building is
very old and proper depreciation is not given by the sub-registrar.
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Original Stamp Duty payment receipt
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One should go along with along with two witnesses
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Registration fees and computer service charges is to be paid in cash to
sub-registrar at the time of registration
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How
does one get the document registered at the sub-registrar?s office?
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Bring the complete document along with other documents above.
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Submit the document along with input form at the token window and
get the token number.
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Wait till the token number is announced.
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On token number being announced, all parties to the document must
present themselves before the sub-registrar to admit execution of the document,
photographed, thumb impression and signature taken on additional sheet of paper
in presence of sub-registrar.
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Pay the required registration fees and computer service charges in
cash as per the receipt (Computer service charges are @ Rs.20 per page)
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The document will be returned within 30 minutes of getting the
receipt
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Please deal only with Officers and staff of the Registration
Department who always display government identity card with Government Seal.
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If
any person who has executed the document is unable to come to sub- registrar?s
office on medical grounds, then what should he do?
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In case a person is unable to attend the
office of the sub-registrar on medical grounds, then he should apply to the
sub-registrar through a duly authorized representative stating the fact. The
sub-registrar is bound to visit such person after office hours i.e. morning 9.00
a.m. to 10.00 a.m. and in the evening 5.00pm to 6.00 pm. That person shall admit
in execution in presence of that sub- registrar, affix his photograph and sign
and put his thumb impression on the document. The sub-registrar will take the
document with him and complete all the formalities and process of registration.
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The Offices of Sub-Registrar
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Sub-Registrar of Assurances,
Old Customs House,
Ground Floor,
Shahid Bhagat Singh Marg,
Ph: 266 2853 Timings: 10 : 00 a.m. to 4 :30 p.m.
Lunch: 1 : 00 to 1 : 30 p.m.
2nd and 4th Saturdays and Sundays closed.
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Sub-Registrar of Assurances,
Griha Nirman Bhavan,
Ground Floor,
Bandra (E),
Mumbai 400 051. Ph:642 2161
Timings: 10 : 00 a.m. to 4 : 30 p.m.
Lunch: 1 : 00 a.m. to 1 : 30 p.m.
2nd and 4th Saturdays and Sundays closed.
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Sub-Registrar of Assurance,
Town Hall,
Collector's Office Compound,
Thane (West).
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Sub-Registrar of Assurances,
Vasai (West).
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Sub-Registrar of Assurances,
Opp. Station, Kalyan (West).
(2nd and 4th Saturdays and Sundays closed..)
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