Generally, buyers are the one that looks after the property registration. For this, he/she needs to visit the sub-registrar’s office with the following documents and stamp paper:
1. Identity proof of parties involved(Aadhar Card,PAN card etc.)
2. Two passport photographs of parties involved
3. Sale deed
4. Power of authority in case the party is representing someone else.
5. Proof of payment of stamp duty and registration fee
Steps before registering a Property:
1. You’ll have to check the encumbrances by visiting the Sub-Registrar of Assurances’ office:
This can be done by looking at the Title Deed. You might have to go to the Sub-Registrar of Assurances’ office to check the authenticity of the documents. You will also have to enquire about any type of mortgages and loans that are pending.
2. Prepare for Final Deed
This procedure is taken care of by the buyer’s lawyer. He/she will get an embossed document on a green legal paper with the date and blank space for stamps. The lawyer’s charges are additional from that of the paperwork.
3. Payment of Stamp Duty
After you get the embossed documents, for stamping the sale deed, you have to pay the stamp duty at the designated bank or authorized collection centre of the Stock Holding Corporation of India. The charges vary with respect to each state.
4. Final Procedure of the final deed at the local office of Sub-Registrar of Assurances
Both, the buyer and the seller’s presence is required with two witnesses at the sub-registrar’s office near your property locality.
5. Applying for the Mutation of the Title Deed
The mutation of the Title Deed is nothing but the transfer of the title deed from the seller to the buyer. You will have to visit the office of the City Survey and Land Records Department and fill in the application prescribed. This process usually takes one month’s time
Now you and the buyer will have to be present at the sub-registrar’s office with the mentioned documents. Also, I would suggest you consult a lawyer who will help you with property documents to just to be 100% sure if everything is in place.
You can register your property to sell on many online portals, one of them being NoBroker. This is my personal suggestion. I have a few friends who have sold their properties on this platform and have a decent experience. I can share an instance with you. So, my friend Sudeep was trying to sell his property in Kalkaji Delhi for a long time. He had contacted a broker in the area but it was really difficult to get the right buyer who would pay the expected price and above all that, the broker had already told him that his commission would be 1.5% of the sale price. It was a frustrating experience. This is when he decided to go online and search how to register for sale.He came across multiple websites and upon careful consideration, he registered on NoBroker. Here’s what he said stood out for him:
Easy to list property
Asked for no brokerage
Connected with few prospects within 5 days of posting ad with them
RM was thorough and took complete responsibility (he bought a plan from NoBroker, will share the details later)
Now since you asked how to register property for sale, this is what you can do.
Download NoBroker App or go to their website.
You will find a ‘Post Your Free Ad’ option on the homepage or
Register using name, email id, contact number and location
Once you’re in, you’ll be able to see two options: Residential or Commercial
Select the property type and proceed by entering all the details of your property.
Do provide special features, information about amenities, furnishing, etc. along with the add
Now add photographs of your property and verify all the information again.
Once confirmed, submit the property in the listing.
In order to eliminate the overall hassle of finding the buyer, and negotiating with them, my friend decided to buyNoBroker Seller Assist PlanHonestly, if you look at the prices it’s nothing compared to the 1.5% of the brokerage and plenty advantages:
Guaranteed buyers
Personal field assistant
Property promotion
Dedicated relationship manager
Facebook marketing
Privacy of contact details
Property photoshoot and much more
You can see if this helps you. I am sure you’ll find the right buyer.
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how to register for selling property
Surendra Malwade
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November 22, 2020
2020-11-22T00:02:08+00:00 2021-05-25T19:11:20+00:00Comment
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Sale Agreement
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