Registration act , important of registration law

1. NSU LAW STUDENT

2. Introduction
The concept of registration of certain
human transaction by state is evolved.
To ensure that this process of
registration will be carried in a proper
way, the need for legislative enactment
was felt. Accordingly way back in 1908
registration act was enacted.

3. Why needs registration
act?
•To particular document which may
afterwards be of legal importance.
• To give information to people
regarding legal right and obligation
arising or affecting a particular
property.
•To ensure proper preservation and
record of document.
•To prevent fraud.

4. Registration document
Document
Registration
compulsory
Registration
optional

5. Registration compulsory
Gift of immoveable property.
Declaration of heba.
Declaration of gift under Hindu and Christian law.
Non-testamentary instrument ( Declare, Assign, Limit or Extinguish)
Leases
Mortgage
Partition of property
Transfer of decree
Declaration of immovable property
Trusteenama
Sale deed

6. Registration optional
Composition deed
Document share in joint stock company
Any debenture issued such company
Transfer of any debenture such company
Property given by government
Instrument of partition made by revenue officer
Public oction

7. Document required for registration
House of the town
House of the village

8. Cont.
Put left
thump
Signed both
party
Photo both
party

9. cont.
The latest khatian of property
Nature of the property
Price of the property
Map of the property
Last 25 years owner of the property
Affidavit not transfer before any person

10. Time for registration
4 month from the date of execution
Re-registration within 4 month from the date of find our invalid registration

11. Cont.
Document execution by several person at different times
Four month from the date of every execution
Delay of registration
Fine 10 time of the registration fee
Within next 4 month
Document executed out of BD
Within 4 month from the date of coming BD

12. Place for registration
Sub- registrar of the sub-
district
Which whole or major
property situate
Where the decree was given
Private residence

13. Who can register
Person for registration
Both executing
party
Legal
representative
Power of
attorney

14. The register officer may ;-
Enquiry the executed person
Satisfy the document
Satisfy the agent or representative
Procedure of registration

15. Cont:
Registration officer register the document, if
Satisfy the principal
Acknowledgement of agent
Representative acknowledge document

16. Cont:
Registration officer can not register the document, if
Principal is minor or lunatic
Representative denied

17. Duties of officer
After the document submit
Fix day, and place
Take singe both party
Given receipt presenting person

18. Cont:
Officer signed and fix date and time of registration
After registration:-
Written registered
Written certificate
Such certificate seal and signed

19. Refusal to register a document
Refusal to
register
By sub-register
Other reason
The property is
not situated in
the sub-district
By register
Other reason
Denial of
execution

20. Cont.
By the
register
Other
reason
Refusal of
appeal
Not situated
his district

21. Applicable stamp duty, tax and fees
Some of the applicable duty, tax and fees are:
stamp duty
Registration fees
Local government tax
Cantonment board tax
Upzella immovable property transfer tax
Income tax
VAT
Court fees