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Section 25 of Property Registration in Maharashtra

  • Read Time:-2 Min
  • Date:-2023-12-17

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Section 25 of Property Registration In Maharashtra

If you're buying or selling property in Maharashtra, it's important to know about property registration. The Maharashtra Registration Act governs this process. Here's a simple explanation for those who may not speak English fluently.

Property Registration Timeframe and Penalty:

When you buy a property, you must register the related documents within four months of the property purchase. If you miss this deadline, you might have to pay a fine equal to ten times the registration fee.

Benefits of Property Registration:

  1. Ensures Authenticity
  2. Prevents Fraud
  3. Public Record
  4. Keeps Records Up-to-Date
  5. Avoids Double Sales
  6. Secures Documents

Who Can Register Property:

The Registration Act states that the person involved in the property transaction, their representative, or an authorized agent can present the documents for registration.

Required Documents for Property Registration:

When registering property in Maharashtra, you need to submit the following documents:

  1. Aadhar card: This is an identification card.
  2. Passport-Size Photos: Photos of both the seller and buyer.
  3. Old Sale Deed Copy: A verified copy of the original sale deed.
  4. No Objection Certificate (NOC): This is needed under the land ceiling Act.
  5. Property Register Card Copy: The latest property register card.
  6. Municipal Tax Bill Copy: Proof of tax payments.
  7. Construction Completion Certificate: If applicable, a certificate showing that construction is completed.
  8. Builder-Buyer Agreement: The original agreement between the builder and the first buyer of the property.

Understanding property registration is essential to protect your rights when buying or selling property in Maharashtra.

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