Dear Sir/Madam,
I plan to buy a property from an NRI.
He has given the SPA to their relative in India. This SPA is notarized overseas and is also signed/stamped by the consulate there. However according to my knowledge SPA has to be also registered at Sub-Registrar office of the jurisdiction of the named property in SPA.
But the holder of the SPA says that it is not required to get registered at SR office.
Kindly confirm whether my understanding is correct THAT IS
SPA executed outside INDIA should be registered within 3 months at the SR office in India else it will become null and void ?
please help.
Thanks and regards
