What preparation is necessary to be made by the parties for registration of document?
It
is necessary for the parties to make preparations in advance for registration
of document generally in the following way: 1. To write the document in respect
of the transaction, 2. To compile/collect necessary papers and permissions
according to category of document for registration of document, 3. If the Stamp
Duty of the document is dependent on the market value of the property (e.g.
conveyance) then to determine the valuation of the property, 4. To pay Stamp
Duty payable on document as per Stamp Act, 5. To make advance preparation to
remit payable Registration Fee, 6. To execute (to sign) the document in the
presence of witnesses, 7. After complying with requirements as given above, to
save the time for registration of document the parties can use the following
facilities made available by the Department. A. Through the Public Data Entry
facility, to make online data entry of all the information necessary for
registration of document. B. Through the e-Step in facility, to book time slot
from the concerned office of the Sub Registrar for registration of document. 8.
The document can be presented for its registration to the office of Sub
Registrar within four months from signing.
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