What is Registration Of a Document?
Registration is the process of recording a copy of a document, transferring the title in immovable property to the office of the Registrar.
Registration acts as proof that a transaction has taken place.
The registration of a document serves as a notice of the transaction, to the persons affected by the transaction. Registration also serves as an implied notice to any person subsequently acquiring interest in the property, covered by the registered document.
When a document, which is compulsorily to be registered, is not registered, it fails to confer any title given by the document.
The real purpose of registration is to ensure that every person dealing with property for which compulsory registration is required, can confidently rely on the statement contained in the register, as being a full and complete account of all transactions by which the title may be affected. A certificate of Registration is mere evidence that a document has been registered. It is not proof that it has been executed.
When the execution of a document is directly in dispute between two parties, the fact that the document is registered is not sufficient to prove its genuineness. Registration does not automatically dispense with the necessity of independent proof that the document was executed.
Registration is done after the parties execute the document. The agreement should be registered with the Sub-Registrar of Assurance under the provisions of the Indian Registration Act, 1908 within four months from the date of execution of the document. However, if due to any unavoidable circumstances, the document is not registered within the time limit, then the document can be registered only on making an application to the Sub-Registrar of Assurance within a further period not exceeding four months and on payment of appropriate fine.
For More Details Please Contact Office :- 2895 32 32 /
2894 87 47 Fax :- 2890 63 63 Mobile :- 9821411063 Skype Id:- neeta.shah30 Email: email@example.com Blog: aasharealtor.blogspot.in Web: www.aasharealtors.co.in Shop No. 2 & 11 , Shailesh Apartments, Borivali West, Mumbai - 400103.