Dear Members,
I have executed an agreement for sale in my name. Stamp duty for the same is already being paid and agreement is duly stamped by the registrar. Registration of the property is still pending.
Now I want to add my father’s name in the agreement as a co-owner of the property. Is it possible at this stage before payment of the registration charges. Will the documents be valid if we manually add the name of the co-owner in the agreement for sale and get it stamped from the sub-registrar office by paying a small fee of INR 1200?
Will this document be valid and accepted by bank officials for lending loan on flat. Kindly advise. Please advise if there are any other alternatives available like correction/rectification deed. What is the procedure. Will I have to pay the stamp duty again if I execute a correction/rectification deed for adding the name of the father in agreement to sale. Looking forward to your help.
Regards,
