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Legal Verification Of Property Documents & Procedure For Property Registration In India(ENGLISH).

My Earlier Video Links Below👇 All You Need To Know About Vehicle Theft Insurance - Third-Party & Comprehensive Insurance Explained    • All You Need To Know About Vehicle Th...   What is Zero FIR - Complete Information About Zero FIR.    • What Is Zero FIR-Complete Information...   What Is NCR - Difference Between NCR and FIR.    • What Is NCR-Difference Between NCR & ...   Procedure Of Filing Civil Suit In India - Step By Step Procedure Of Filing Civil Suit In India.    • Procedure Of Filing Civil Suit In Ind...   What Are The Rights Of Every Loan Defaulter -Legal Rights Of Every Loan Defaulter    • What are the Rights of Every Loan Def...   What To Do IF Police Refuse To Register Your FIR.    • What To Do IF Police Refuse To Regist...   Things To Know About Land Conversion Procedure    • Things To Know About Land Conversion ...   Rights Of A Son In Ancestral Property - All You Need To Know About Ancestral Property    • Rights Of A Son In Ancestral Property...   Citizenship Amendment Act - 2019 All You Need To Know About CAB&NRC    • Citizenship Amendment Act-2019,All Yo...   How To Deal With Cheque Bounce Cases_ Negotiable Instrument Act 1881    • Видео   Right To Information Act Of 2005    • Right To information Act Of 2005   Enforcement Directorate (ED) & Functions Of Enforcement Directorate    • Enforcement Directorate(ED) & Functio...   New Traffic Rules & Fines 2019    • Видео   What is Triple Talaq Bill    • Видео   10 Important Laws and Rights That Every Indian Should Know    • Видео   What Is Article 370 and 35a The Special Provisions For Jammu and Kashmir    • Видео   How To Claim Insurance After Bike Accident    • Видео   6 Property Documents To Check Before Buying The Property    • Видео   Disclaimer- Some contents are used for educational purpose under fair use. Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use. All credit for copyright materiel used in video goes to respected owner. • Verification of the title of the property: The documentation of property varies based on whether the property has been bought from a developer or is it a secondary sale. In the latter case, due diligence would be easier as the first owner will have the property documents ready for the registration. The obligation for the verification of the property title, however, lies on the buyer prior to the registration. • Estimation of the property value: You have to estimate the value of the property in your area for paying the stamp duty. The stamp duty value will be calculated a percentage of; higher of the actual price paid for the property or the circle rate in your area. • Preparation of the Stamp Papers: You are now required to buy non-judicial stamp papers equivalent to the value of the stamp duty. You can purchase stamp papers online (e-Stamp Paper) or from the licensed stamp vendors. • Getting the Sale deed ready: This step involves preparation of the sale deed and get it typed on the stamp papers. It is prepared by an authorised attorney on behalf of the buyer. The subject on the sale deed varies on the nature of the transaction such as a lease, sale, power of attorney, mortgage, etc. • Payment of the Stamp Duty & Registration Charges: Once you have the stamp papers ready, you can pay the stamp duty through the collector of stamps. The registration charges have to be paid prior to the registration of the property. • Approach the Sub-Registrar for Registration: Now you have to take an appointment with the sub-registrar for the registration of the sale deed. You have to go to the sub registrar’s office along with two witnesses. All the parties involved in the process need to carry their photographs and the identification documents. You should carry two copy of the deed along with the original deed. • Documents submission: Along with the sale deed, you are required to submit the requisite documents such as No Objection Certificate (NOC) if the building is located in the city collector’s land, ID and address proof, DD or cash for the payment of the stamp duty, passport size photographs of the parties involved in the transaction, etc. • Completion of Registration: Once all the documents are verified, the registration process will get completed. You can then collect the duly registered documents. The sub-registrar will hand over the original documents while maintaining a copy of the documents with him/her. Before buying any property there is a need for complete research and a lot of time and efforts. Property buying was never an easy task and still, it is not easy. However, everyone should go step-by-step and thoroughly look into the documents that are mandatory, so that they get confident about the final decision.