LIVE Online Course on NDPS by Riva Pocha and Adv. Taraq Sayed. Starting from 24th May. Register Now!!
The Indian Constitution Courses

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Rahul   30 May 2018

Section 17 registration act

What is section 17 of Indian registration act. In easy language.


Learning

 3 Replies


(Guest)

In simple language it means that that if you own property situated in a district after 1908, that property needs to be compulsorily registered. It could be:

  • a house gifted to you by your property
  • agreement to sell (your) property
  • a lease if extended by you with your landlord on yearly basis

 

Rahul   30 May 2018

Need to know about second point. Agreement to sell. Is it like this If I purchase any property on agreement to sell. That should be registered???

rajeev sharma (Advocate Ex senior manager law )     30 May 2018

In simple language SEC 17 of Indian Registration Act lays down the descripttion of document s related to proerty regostration of which is compulsory. Any document which creartes, limits, or end any right in the property is required to be registered compulsorily with the rsub registrar of competent jurisdiction. The agreement to ssale creates an interest in the property hence it rrequires compulsory registration.


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register  


Related Threads


Loading

Post a Suggestion for LCI Team
Post a Legal Query