Thilak (Engineer) 21 December 2009
I planned to buy a resale flat for which I decided to pay 10% of total property value as advance to the party during signing up the agreement. Balance amount will be paid at the time of registration. I would like to know, to be safe from my side whether should I register the agreement since I am going to pay him 10% of total amount.
Please advise me.
Regards,
Thilak
Anish goyal (Advocate) 21 December 2009
Adv Archana Deshmukh (Practicing Advocate) 21 December 2009
It will be safe to register the agreement.
niranjan (civil practice) 21 December 2009
I think sec.17 of the reg.act as been amended and registration of sale agreement has been made compulsory,however,the state has also made amendments.However,without going into that I agree with Adv. Archanaji to get the same registered.
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