Q:I had bought a bungalow in bungalow society in 2008 and have a registry , full and final payment document once I took possession of the bungalow &index 2 of the bungalow. The builder asked us to get the sale deed done for the property and during the process in saying we need to pay VAT. I want if should be charged for this? Do I need to sale deed is the document set not sufficient that I have
Latest Answer: A sale deed acts as the main legal document for evidencing sale and transfer of ownership of property in favour of the buyer, from the seller. Further, it also acts as the main document for further sale by the buyer as it establishes his proof of ownership of the property.
VAT is a multi-stage tax which is levied at each step of production of goods and services which involves sale or purchase.
The sale deed is executed subsequent to the execution of the sale agreement and after compliance of various terms and conditions detailed in the sale agreement as agreed upon between the buyer and the seller.
Latest Answer: When you go for registration of your property, ask the list original copy from the registrar office. They will provide you the original sets of documents.
Q:Hi, I have purchased a new flat at Marcel, Candola.I want to make a sale deed. Kindly help me with the sale deed and registration charges. I have already made the sale agreement and registered it.RegardsEdwin
Latest Answer: Yes, and in order to provide relief and to protect the interest of the members of the Co-operative Housing Society, Goa Govt. has proposed to rationalize the stamp duty in favour of Co-operative Housing Society to pay only 0.6% stamp duty to the members or purchasers of units, who have already executed the agreement of sale as per the Stamp Act.
Q:Hello,I have property in Resale in June 2014, I have done Agreement to sale and Transfer Deed with previous owner. Now since builder started issuing Apartment Deed- I asked for the same to which builder said that Registrar office is not accepting Tri Party Apartment Deed now a days and Builder can not directly issue Apartment Deed with me without involving the first owner..Please advise with solution- is it mandatory to have Apart. Deed ?
Latest Answer: Thanks for your reply.The matter was resolved last year and Deed was executed between myself and Builder and previous owner -as consenting party , All other issue were also resolved..after getting the deed
Latest Answer: Hi,
Sale Deed is also known as conveyance deed. This is a document through which the seller transfers his right, title and interest in a property to the purchaser, who, in turn, acquires and holds the same as an absolute owner. Even though it is neither necessary nor mandatory to enter into a sale agreement before entering into a sale transaction, it is advisable to enter into a sale agreement wherein the terms and conditions of sale could be minutely stipulated.
Q:Hi friends,I am planning to purchase one BDA approved plot.Legal verification of the property is done and will be doing the sale agreement next week.I would like your opinion whether I should take help from an agent for property registration and khatha transfer.In many online forum, it is said we can do it without much hassle, But I am a non kannadiga, and my kannada knowledge is 2 on a scale of 1 - 10 :?The agent is asking for huge amount for getting it done, he says this inclused all like agreement, writing charges, khtha transfer(including under the table payments) not including the stamp and registration charges.The property tax is payed up to date, all the documents are up to date, and I am registering for the exact amount I am purchasing.Kindly give your opinion / experience.Thanks.Albin
Latest Answer: Hey, If everything is in place you can go ahead with the registration process and Khata transfer. If you want you can definitely take help from your legal expert in this matter.
I am sharing an article link over here hope this will help you to some extent Khata Transfer Bangalore, Khata Registration and How tos
Latest Answer: Hey Guys,
According to latest news, RWA federation is demanding to honorable Chief Minister Akhilesh Yadav, conversion of lease land to free hold in Gautam Budh Nagar.
Q:I have purchased plot of 3100 square feet in 2012. Saat Bara mutation has not been done due to a rule of no mutation below 4000 square feet in 2012. This rule came few months after registration of sale. Please advise on 1. How to get 7/12 land mutation record. 2. Can a prpoerty card be made.3. Legal position.4. Present status of mutation.Thanking You
Latest Answer: I have purchased plot of 1400 square feet in 2012. Saat Bara mutation has not been done due to a rule of no mutation below 4000 square feet in 2012. This rule came few months after registration of sale. Please advise on
1. How to get sata bara land mutation record.
2. Can a prpoerty card be made.
3. Legal position.
4. Present status of mutation.
5. when start online sat bara in pune lohegaon
Thanking You
Q:http://www.rediff.com/money/report/perfin-what-you-should-know-about-a-sale-deed/20100119.htmhttp://articles.economictimes.indiatimes.com/2009-12-20/news/27664615_1_sale-deed-main-document-sellerWithin 4 months of the sale deed one needs to pay stamp duty and registration charges else we will have to pay penalty.Sale deed is made after agreement of sale.But I am unable to verify as to when is the sale deed made? Can the sale deed be made just after booking the flat and signing the sale and the construction agreement or is it made only when the builder hands over the flat?
Latest Answer: Hi Praveen,
"Sale Deed" is the instrument/agreement by which the property is actually transferred by vendor to the purchaser after the receipt of the full consideration amount. (Actually sold and purchased). If you builder hand over the flats then go for the sale deed otherwise you have to face a lot of difficulties once the project get delay. So, be careful.
Latest Answer: Hi Mr Singh,
Complaints were received from the allottees alleging that colonisers have collected a huge amount from them on account of registration charges or stamp duty for executing sale deeds of the plot, flat, shops and office space in their favour, but the said sale deeds or conveyance deeds have not been registered till date. If the builders or coloniser licensees fail to comply, then penal action against them will be initiated in accordance with the provisions of law.