Categories
Property News

Remission of Registration Fees for Sale after Registered Sale Agreement with Full Stamp

At current settlement to sale or lease-cum-sale settlement deed can be registered on price of 2% stamp-dutyon the market fee as on the date of registration except charge of fabulous registration fees.

In such cases fantastic registration costs are realized at the time of registration offinal sale or lease-cum-sale deed on the market fee already assessed at the time ofregistration of settlement deed, if the closing sale or lease-cum-sale deed is registered inside a most length of 4 years.

Similarly, settlement to sale or lease-cum-sale agreement deed can additionally be registered on price of full stamp-duty on the market fee as on the date of registration besides charge of fabulous registration fees. However, suitable registration charges in such instances are realized on market vaiue assessed furtherat the time ofregistration of remaining sale or lease-cum-sale deed.

The Governor is now thrilled to order that, in such instances the place the settlement to sale or Jeasecum-sale settlement deeds had been registered on price of full stamp-duties, the registration costs at the time of registration of remaining sale or lease-cum-sale deeds will be payable on the market values already assessed at the time of registration of settlement deeds.

For such settlement deeds, the place full stamp-duties had been paid, there shall be no most time restriction to whole the registration of ultimate deeds. Whereas, the settlement deeds registered upon price of 2% stamp-duty have a most time restriction of 4 years, to register the ultimate deeds and after expiration of the most time restriction of 4 vears, the registration rate and stability stamp-duty in these instances will be payable on the market fee prevailing at the time of registration of remaining deeds.

For further details please visit: https://wbregistration.gov.in/(S(zjw1ttnkh4i2yuslgzz0sygy))/Circular.aspx

Leave a Reply