Property Important Documents: Whenever we buy a house, land, or any other property, we feel secure by getting it registered in our name. But is registration alone sufficient to establish ownership rights over the land?
Whenever we buy a house, land, or any other property, we feel secure by getting it registered in our name. But is registration alone sufficient to establish ownership rights over the land? The answer is no. You may have heard about cases where a person sold the same piece of land to multiple individuals.
Or, the property you’ve bought already has significant debt on it. After Property Registration is done in your name, you’ll also be responsible for repaying that debt. In other words, registration alone isn’t enough. Along with it, you need to acquire another essential set of documents.
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Must Check Property Mutation
Many people confuse transfer and sale deeds, thinking they are the same. But they are different. People assume that once the property is registered, it is automatically in their name and they overlook the importance of transfer. Even if you have completed the registration, the property won’t be truly yours until you go through the transfer process.
It’s crucial to check beforehand whose name the property you’ve purchased or are going to purchase is under. Also, ensure that no one has taken a loan against that property.
How to get transferred
Primarily, there are three types of immovable property, categorized as agricultural land, industrial land, and residential land. The transfer process for each of these lands is distinct. The transfer of agricultural land is done by the local revenue officer known as the ‘patwari’ in your area.
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On the other hand, the transfer of industrial land is carried out through the industrial development center present in your district.
On the other hand, the transfer of residential land will be facilitated by the municipal corporation, municipal council, or village panchayat in your locality.
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Whenever you buy any property, it’s essential to visit the relevant office with all documents related to the purchase and get the property transferred. This ensures that no one can later claim rights over your land.
