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Kerala is one of the most attractive and suitable places in India for making most of the real estate investments.Before investing a single penny, you need to do a thorough market analysis.Here is a step by step guide to kerala land registration.visit:http://www.hilifebuilders.in/blog/kerala-land-registration-guide/
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Here are the steps for your land registration
Identify the property * This is the first step * Carefully choose your property * List of properties are availble in websites . * Try to negotiate the price& mode of payment
Get a Legal Title Report * Hire a lawyer to get a legal title report of your property * Usually 3-5 working days are needed to prepare Need an Encumbrance Certificate It ensures that he property or land that you plan to purchase is free from all claims like loans, leases, unpaid debts, etc
Check Mutation Details * The mutation is required for property tax payment purposes submit an application on plain paper, along with all relevant and necessary documents and a non-judicial stamp of relevant value to the Tahasildar of the locality *
Sign and Register Agreement * You should register the sale agreement at the respective sub-register office. * Relevant stamp duty and registration fees needed to accomplish the process Determine the Fair Value of the Land * The fair value is determined by the government and according to the budget, this value gets revised.
Need a Sale Deed * You can easily be drafted by a professional and sagacious person in order to get an error free deed. Register the land * Register your land in sub registrar’s office. * 2% of the cost of the land is taken as registration fees
Receive the Documents * After registration, you will get the receipt for the same * carefully keep this receipt with you specially in future Change the title of the property * In this process, the revenue record of the property is changed from the seller’s name to your (buyer’s) name
Pay the property tax * Once your property is mutated, then you are eligible for paying property tax in your name
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