Agreement for sale & stamp duty
siva kumar
(Querist) 31 January 2011
This query is : Resolved
Dear Members
Pl can anyone clarify my doubt as mentioned in the illustration hereunder
Eg: X booked a flat with Y and paid a part of consideration and entered in to an agreement for sale (registered or unregistered)with a cluse that Y should register the sale deed in the name of X or in the name of any person nominated by X. Now X nominates Z (not within blood relation) and informs Y to register the sale deed in the name of Z. Can Y register the sale deed in the name of Z after collecting the balence sale consideration from Z.
If so the registration charges paid at the time of executing Agreement for sale is adjustable at the time of registering sale deed in the name of Z or any stamp duty attracts.
pritamsaini
(Expert) 31 January 2011
yes after confirm from x,sale deed can be executed ,but erlier stamp duty cant adjusted when sale deed is going to registered to third person.