Legal Question in Real Estate Law in India
Whether an agreement for sale of immovable property which was executed in the period from 1980-1982 is compulsorily registrable or not as per the provisions of Registration Act?
Asked on 6/24/16, 3:30 am
1 Answer from Attorneys
1) Depends upon State. Check up with ur local document writer.
2) Registering a sale agreement is a wise move as it is also backed by various acts such as the Indian Contract Act, Specific Relief Act and various apartment acts enforced by many states. The Uttar Pradesh Apartment Act 2010 also requires all sale agreements to be necessarily registered in UP.
3) The downside of not registering a sale agreement was specifically highlighted by the apex court in its judgment in the TG Ashok Kumar vs Govindammal (2010) case.
Answered on 6/24/16, 4:55 am
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