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In the Revenue Record, the transfer of ownership from one person to another is called mutation. There are many types of mutation pertaining to agricultural and non-agricultural land:<br><br>Mutation through inheritance,<br>Mutation based on Sale deed/Transfer deed/Gift Deed<br>Mutation based on a court decree.
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What is mutation of property and why it is important for buyers? NRI LEGAL SERVICES
TABLE OF CONTENTS • What is mutation? • When is mutation required? • Is it necessary to get the mutation done? • How is mutation done? • What is the importance of mutation for a buyer?
What is mutation? • Definition: Entering the name of the owner of the property in the revenue records maintained at the local level by the State. • The Government maintains the record as the same enables the authorities to tax the real property owner.
When is mutation required? Mutation is required whenever there is a change in ownership effected by: • Sale/Purchase of property. • Inheritance of property after the death of real owner–intestate succession or through will. • Transfer of property otherwise, e.g. gift.
Is it necessary to get the mutation done? There are two types of mutation: • Mutation of agriculture land. • Mutation of non- agriculture land.
How is mutation done? • An application is made to the Tehsildar with court fee stamp affixed on it. • The documentation and fee for mutation differ from State to State.
importance of mutation for a buyer? It is essential to get the mutation done because: • The Government looks into the land records to verify the actual owner for imposing taxes and for awarding compensation. • Mutation shows possession of the property. • Mutation document can be used in Courts as proof for ownership-related disputes.
importance of mutation for a buyer? • Mutation is vital for further sale of the property. • Mutation helps to prevent the fraudulent sale by seller to more than one buyer. • Mutation helps the buyer to ascertain that the property is free from encumbrances or if there is any liability to be incurred by him.