Property registration in India is a legal process which is very important and legalizes your ownership of a property and gives your property legal recognition as well as protection. The Registration Act of 1908 governs this and it is a series of steps which must be followed with great care. In this guide, we will guide you through the importance, process, documentation, charges and some important points to remember while registering property in India.
Why Is Property Registration in India Necessary?
Section 17 of the Registration Act, 1908 makes it mandatory to register a property and along with all the document relating to the transfer of any immovable property. This process provides legal evidence of ownership, shields against any form of dispute and is very important in any future transactions on the property. A registered property is one that is well known by the law and you will not be duped by fake claims or disputes that may arise from unregistered deeds.
It is also very important to register property for future references. It avoids inheritance disputes, it is clear who owns the property and it is easier to get a mortgage or to sell the property in the future.
Documents Required for Property Registration in India:
Identity Proof: Either the buyer’s or seller’s Aadhaar card, PAN card, or passport.
Address Proof: A current utility bill or any government-issued document with the current address.
Sale Deed: The original document concerning the sale agreement.
Encumbrance Certificate: This shows that the property is free from legal liabilities.
Property Tax Receipts: Proof of up-to-date tax payments.
No Objection Certificates (NOCs): If applicable from relevant authorities.
These documents are essential to reducing the possibility of complications with the registration process. Lack of or incomplete documents can cause delays or create disputes.