Purchase of Unregistered Flat Kolkata

GIRISH SHARMA (Querist) 09 May 2011 This query is : Resolved
Dear Sir(s),

What (legal) precautions one needs to take while purchasing a flat from a seller who has received allotment pending registration ?

What is the difference between "REGISTRATION", "STAMP DUTY", "CONVEYANCE DEED" AND "SALE AGREEMENT" ??

Of what value stamp paper (Rs. 10/- or 50/- etc) should be used for "SALE AGREEMENT" ?

I shall be deeply obliged if someone can guide me on the issue.

Sincere Regards
G. Sharma

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Devajyoti Barman (Expert) 09 May 2011
Your information for this query is not clear.
Since this property seems to be from Kolkata, On furnishing the necessary details I may help you to get it properly done.

Raj Kumar Makkad (Expert) 10 May 2011
Registration of sale-deed or conveyance deed is made before registrar and stamp duty is the cost of registration which goes in the exchequer of State and sale agreement is an agreement on behalf of owner of property now seller in favour of proposed buyer.

As suggested by Barman, put your problem in this forum rather takin our interview.

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