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vishwanath jaiswal   16 July 2016

Registration of property and share certiifcate

Sir,

my father in law purchased a flat in 1/10/1980 directly from the builder on the stamp paper of rs 5 the flat was not registered as it was informed that registration was not there at that time, he his no more in this world leaving her wife and his daughter (my wife).

society was formed in 2002, now the society is ssaying to registerr your flat then only we will issue share ceertiticate, we approached to advocate but the adv said as the purchase is prior to 1985 registration is not mandatory 

we have informed to the society in written issued by the advocate but society is not ready to listen.

 

please help us what to do and please inform us what is the rules and regulations.so that we can also know what is right and wrong

 

regardss

 

vishwanath jaiswal

 

 



Learning

 2 Replies

Rama chary Rachakonda (Secunderabad/Highcourt practice watsapp no.9989324294 )     16 July 2016

Once a property is registered, it means that the person in whose favour the property is registered is the lawful owner of the premises and is fully responsible for it in all respects.

If the required documents are not duly registered, then Section 49 of the Indian Registration Act, 1908 states that the documents will not have any bearing on the property, and that they do not confer any transaction rights over the property. In other words, the law does not recognise unregistered owner and does not give him any rights over the property.

so visit nearest sub-registrar of office of revenue department & get registered immediately.

R Avadhut   16 July 2016

good advice 


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