Sale agreement on rs. 100 stamp paper read more at: http://
shobha
(Querist) 19 December 2017
This query is : Resolved
Dear Sir,
This is with regard to the agreement done during construction stage on Stamp paper of 100/1000 Rupees. I would like to know whether is it valid at the time of completion i.e whether it is valid for futher process orf registration and stamp duty. Even though if it is not registered with the registar office. Please highlight the same in detail.
R.Ramachandran
(Expert) 19 December 2017
At the time of registration Sale Deed/Conveyance Deed will be executed and registered. One has to pay Stamp Duty on the value of the consideration payable for the property. Normally it ranges from 4 to 6% depending upon the State in which the property is located and also the person buying the property i.e. whether in the name of female or male. (Rs.100/1000 is not sufficient).
Kumar Doab
(Expert) 19 December 2017
If builder and buyer are in agreement then there should be no issue at all.
Otherwise is there condition at your location for such property to register the agreement?
