vikram (accountant) 18 August 2011

Need advice- sale deed registration

Sir,

I have purchased one resale flat in pune. I have entered in 'Agreement to Sale' with saler.

I have paid stamp duty (57000/-) and registration fees (18500/-) on 'Agreement to Sale'.

My query is do I required Sale Deed/Deed of Assignment again ?

Do I have to register the Sale Deed/Assignment Deed again, and does it require again

payment of registration fees (18500/-)?

If yes, transaction is only one, then why there is need of paying registration fees on

Agreement to sale ' and again on 'Sale deed ' twice?

Please reply.

Regards,

Vicky

N RAMESH. (Advocate Chennai. Formerly Civil Judge. Mobile.09444261613) 19 August 2011

Yes. Agreement sale does not confer any right or title on you.

It only expresses your intention/willingness/contract to purchase the flat.

You need sale deed to complete the transaction and for transfer of title in ur name.

Stamp duty is levied on the document and not on the transaction.

You have to pay stamp duty and registration charges on SALE DEED.