While buying agricultural land in India, one has to confirm that there are no disputes or legal hassles and the process of registering has to be hassle-free. Procedures for buying agricultural land vary from state to state.The title of the property confirms the sellerÕs name and also verifies whether the seller has an absolute right to sell the property.
The original present deed and previous deeds, should be examined by a lawyer, to verify that the seller has not allowed access to others through this land. If there is more than one person owning the land, it is important to have the release certificate from the other participants involved, before registering the documents.After the verification of all the documents, a written agreement on the cost, advance payment and the time within which the actual sale will take place, is made. The agreement must be drawn by a lawyer and should be signed by both the parties and two witnesses.
It begs mention here that the agreement to sale document is the precursor to the sale deed. Based on the terms and conditions established in this document, the future deal is likely to proceed.
Consequently, it becomes extremely crucial to set the terms carefully and go through each clause diligently to fully understand its implications, before the signing of the agreement to sell.Stamp duties are government taxes and vary from state to state. A stamp duty paid shall be considered a legal document and can be admitted in court, as evidence.Registration is the process by which a copy of a document is recorded and the title of the immovable property is transferred in the name of the buyer, at the registrarÕs office.
As per the Indian Registration Act 1908, the deed should be registered at the sub-registrarÕs office, within four months of the date of the execution of the document. Details such as original title deed, previous deeds, house tax receipts and two witnesses for registration of the property, should be provided in the document.A sale deed is a document that transfers the title of the property, from the seller to the buyer.
This document will help you to determine ownership of the property, where the property is located and the details such as site measurement, boundary details, etc.
A sale deed is a document that transfers the title of the property, from the seller to the buyer. This document will help you to determine ownership of the property, where the property is located and the details such as site measurement, boundary details, etc.
Reference: agriculture tenancy act.