An unregistered sale agreement can still be valid under certain conditions, but it has limitations. According to the Indian Registration Act, 1908, any sale agreement involving immovable property valued over ₹100 must be registered to be legally enforceable. However, an unregistered sale agreement can still be enforceable under certain circumstances:
- Enforceability
: An unregistered sale agreement is enforceable in law, and any shortage of stamp duty can be paid through a court order.
- Validity Period
: Such an agreement is valid for three years from the execution date.
- Delivery of Possession
: If the property has been delivered to the buyer, the unregistered sale agreement may still hold some legal weight.
It's advisable to register the sale agreement to avoid any legal complications and ensure full legal protection. Consulting a legal expert can provide more personalised guidance based on your specific situation.
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100 stamp paper for sale agreement in 2016 ,which was not registered, can it be valid?
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2024-12-16T11:17:50+00:00 2024-12-16T11:17:51+00:00Comment
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