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Ask Housing Discusses Mutation of Property, Its Details & Much More | Housing com

Welcome to Ask Housing by @Housing.com !!! Do you know what is a mutation of property? Do you know why is it important? Is mutation necessary after registration of property? What is the difference between mutation of property & property registration? The mutation is a legal procedure for buyers to attain complete ownership of a property. Mutation hone ke baad, the local authorities can fix property tax liabilities and charge them accordingly. Is it compulsory? Mutation of property in the owner’s name proof hota hai of property ownership. Yeh document useful hota hai water & power services apply karne ke liye. Property mutation is done when you: Buy a property. Inherit a property. Receive a property as a gift or will. Purchase a property through a power of attorney. The mutation is done after registration. Property registration ek process hai jiske through property apne naam transfer karai jaati hai after the payment of stamp duty and registration charges. And, property mutation process ek buyer ki responsibility hai jisse woh apna newly-owned asset update kar sake in his name in the local revenue office. We hope you enjoyed the interaction with Farnaz Shetty & let us know what else you have in mind in the comments section. Keep The Questions Rolling!!! Link to the blog: https://housing.com/news/what-is-muta... Like | Comment | Share the video & Subscribe to our channel to clear more real-estate doubts with Ask Housing. Stay tuned… Tell us your questions & doubts in the comments section below: Download the Housing App: Android: https://bit.ly/3R6TJk3 iOS: https://apple.co/3AMbe3O Time stamp of the video: 00:00: Introduction 00:30 What is mutation of property? 00:44 Is mutation compulsory? 02:13 Documents essential for mutation of property 02:55 What is the property registration fees? 03:43 Conclusion

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