Valuation proof
siri
(Querist) 24 November 2011
This query is : Resolved
I want to file suit for title declaration.Now I have to pay stamp duty as court fee according to market value.Can you tell what type of document is accepted by court as proof for valuation of property.PLZ mention all type of documents & what are the ways to get that those type of all documents
prabhakar singh
(Expert) 24 November 2011
In any suit the plaintiff is free to estimate
market value even without any proof,so you do not need to furnish proof.
When defendant shall put appearance and challenge the suit on the ground of under valuation then first he and next you furnish such details to prove your respective valuation where after the court shall pass a final order of valuation.
The court fees varies from state to state.
and variation range is subject to a maximum 2%.so under sytand it between 8 to 10 %.
