How to get transfer of immovable property?
Ans . a. As explained under Question 3, if value of property under sale, exchange, lease, and mortgage is Rs.100 or more, deed relating to such transaction must be compulsorily registered (Sec.17 of Registration Act 1908). b. Gift deed, must be registered irrespective of the value of the property. c. After the deed is registered `J’ slip is sent to Tahasildar in case of agricultural land and city survey office, in case of city non-agricultural property of properties are under city survey. The purchaser should get confirmed whether khatha is transferred through `J’ slip. In areas where there is not city survey is not in operation, one has to apply along with copy of the deed to the concerned Corporation/ Municipal/panchyat office to effect transfer of khatha.
Related Questions
- Is a NRI/ PIO permitted to transfer by way of gift all kinds of immovable property, whether agricultural/plantation/farmhouse property, residential or commercial property?
- Do non-resident Indians require permission to transfer any immovable property to a person of Indian origin resident outside India / Non-resident Indian ?
- What all persons do FEMA (Acquisition and Transfer of Immovable Property in India) Regulations, 2000 regulations apply to?
