Why mutation of property is important document while purchasing properties?

Q: What is mutation and why it is necessary document for buying properties?

sharath, Chennai

6th May 2015

Legal in Chennai

investment advice

mutation of property

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Replies (6)

Hi gurav,
good that you really want to know about mutation of land. see process of mutaion of land differ in state to state but in my point of view mainly following document is required for this purpose:
1. Copy of Sale Deed
2. Application for mutation with court fee stamp affixed on it
3. Indemnity bond on stamp paper of requisite value
4. Affidavit on stamp paper of requisite value
5. Receipt of up-to-date property tax payment

Ram Gopal, Chennai

8th May 2015

Comment

CAN ANY ONE TELL ME WHICH DOCUMENT IS REQUIRED FOR MUTATION OF LAND?

Gaurav, Chennai

8th May 2015

Comment

The existence of a sale deed, conversion premium and irrevocable power of attorney is required for the conversion of a leasehold property to a freehold property. Once it becomes a freehold property, the ownership title can be transferred or mutated. Mutation becomes essential for deciding the tax liability when the property ownership gets changed.

Rama Naidu, Chennai

7th May 2015

Comment

The change in title ownership may occur due to a number of reasons like death of the original owner and subsequent transfer of the ownership due to inheritance or succession. In the event of a leased property, the ownership can be transferred through an irrevocable power of attorney.

Raghav TK, Chennai

6th May 2015

Comment

Hi Ananth, a little bit confused can you bite more clear on mutation of land and we check mutation of properties?

Devendra, Chennai

6th May 2015

Comment

@devendra, As off now we all talk about mutation and once again I want to clear you that Mutation is a process by which the title of an immovable property can changed by making application to that effect to the concerned land registration authority and only thereafter it shall be called a record. You can check mutation of land from local municipal office records.

Ananth KV, Chennai

6th May 2015

Hi Shartha, Mutation of any land or properties is very necessary document. Mutation means exchange,transfer or change of title in the records of the local municipal body for the concerned property.

Devendra, Chennai

6th May 2015

Comment

Mutation of property is the revenue records of the transfer of title of a property from one person to another. The mutation in the municipal records and it is for the purpose of payment of property taxes.

Priya Sharma, Chennai

6th May 2015

The methodology, documentation obliged and the charges payable changes from State to State. In any case, by and large, the strategy incorporates an application on a plain paper, alongside non-legal stamp of important worth, containing some data and submitted to the tahsildar of the area.

Ananth KV, Chennai

6th May 2015