Legal Question in Real Estate Law in India
registration of flat of co op hsg society
I purchased a flat in co op hsg society in 1990 and paid the stamp duty at that time as per the norms. I had not registered the document as it was not compulsory to register the same.Now kindly let me know whether I have to register this documents or not?
2 Answers from Attorneys
Re: registration of flat of co op hsg society
If you are sure that registration was not compulsory, then why you want to register now?
Registration of very same document is possible only within 8 months. Thereafter, you need to do a Deed of Confirmation.
Re: registration of flat of co op hsg society
A document of property valued for more than rupees one hundred is compulsorily required. However, when you paid the stamp duty, it might have been registered. In any case, your ownership rights are not affected for lack of registration.
There is no requirement of registration at this stage. Even otherwise, it may be time-barred.
Related Questions & Answers
-
Real estate and property law I became a Member of a Cooperative Group Housing... Asked 10/06/08, 5:28 pm in India Real Estate and Real Property
-
Real estate pl. forward a agreement for sale format. Asked 10/06/08, 7:29 am in India Real Estate and Real Property
-
Lost agreement of 1988 i have learnt from my lawyer that for lost agreements a... Asked 10/06/08, 4:27 am in India Real Estate and Real Property