Rectification deed and fees
LAXMAN
(Querist) 01 May 2012
This query is : Resolved
Hi I have purchased a property at hyderabad, for that i took a loan from First Blue HFL, in my deed the seller has entered it as i availed loan from Indus Ind Bank, due to the banker of First blue HFL is Indus Ind,, now i want to rectify the same,, is it possble? if what are the charges/
SAINATH DEVALLA
(Expert) 01 May 2012
DEED OF RECTIFICATION
This DEED OF RECETIFICTION is executed at this the day between
S/o residing at
Hereinafter referred to the RECTIFIER/VENDOR which term includes ts successors and assigns of the ONE PART?
AND
S/o residing at
Hereinafter referred to as PURCHASER which term includes his heirs, executors, administrators, representatives and assigns of the OTHER PART
WHEREAS the property more fully described in the Schedule hereunder was sold by the Rectifier/Vendor in favour of the Purchaser herein in and by sale deed dated and registered as Document No. Of Book1 volume filed at pages to on the file of the Sub Registrar of hereinafter referred as the Principal Deed.
WHEREAS in the Principal Deed dated in line of page no. And in line
Of page the Survey number of the property was wrongly typed as instead of .
WHEREAS this typographical error has come to the knowledge of the above said Purchaser and requested the Rectifier/Vendor to rectify the same.
NOW THIS DEED OF RECTIFICATION WITNESSETH AS FOLLOWS:
That in the Principal Deed dated in line of page no. And in line of page No. The Survey number of the property conveyed is wrongly typed as is rectified as
By this Deed of Rectification.
That as rectified as aforesaid, the Principal sale Deed shall remain in full force and effect.
That no consideration has been received by the RECTIFIER/VENDOR for executing this Deed of Rectification.
SCHEDULE OF PROPERTY
(As in the Principal Deed)
SCHEDULE OF PROPERTY
(Rectified by this deed of Rectification)
Present Market Value of the Property is Rs.
In Witness where of the RECTIFIER/VENDOR and the PURCHASER have set their hands on the day and month year first above written in the presence of
WITNESS RECTIFIER/VENDOR
PURCHASER
CHARGES:
In case the original deed is registered, one should get the rectification deed also registered. And pay the requisite stamp duty and registration charges as per the laws in force in the State. For general mistakes like spelling mistakes, the stamp duty and registration charges are Rs 100 each. In case the rectification deed relates to the area, the names of the parties or the extent of the property, the stamp duty and registration charges as applicable to the conveyance deed are payable
Shonee Kapoor
(Expert) 01 May 2012
Nothing to be added.
Regards,
Shonee Kapoor
harassed.by.498a@gmail.com