Whether to register or not.
Sajid
(Querist) 06 June 2010
This query is : Resolved
sir,
Generally, we typed the agreements in Stamp Papers, like this we go to partnership deed, rental agreements , mortgage deed, sale agreements etc. Sometimes we register this with Registeration Departments, sometimes not.
Please let us know, which is correct to do. To Register or Not to Register with Registeration Departments.
B K Raghavendra Rao
(Expert) 06 June 2010
The Indian Registration Act prescribes what documents need to be compulsorily registered and what documents may or may not be registered. Partnership Deed of firms which need to sue others in courts of law need to be registered. Rent agreements for which rental period is more than 11 months need to be registered. Mortgage Deeds need to be registered. Sale Agreements need to be registered if possession of property is given.
Daksh
(Expert) 07 June 2010
Dear Sajid,
Kindly refer to the Sections 17 and 49 of the Indian Registration Act.
Best Regards
Daksh
