My uncle is planning to divide his property between his two sons equally. He asked me to help him out as he is not that familiar with the technicalities. I contacted a friend of mine who is a lawyer to help with the division. I asked him about what needs to be mentioned in the deed and the family partition deed registration charges.
What are the Family Settlement Deed Registration Charges?
You can check the charges mentioned by him in the table provided below. Also, I was told that these charges might vary from states.
| Partition | Registration Charges (Rs) in Karnataka |
Non-Agricultural Properties |
1000 per share |
Agricultural Land Registration |
250 per share |
Movable Property |
250 per share |
After that, he told me about the things that need to be mentioned in the registration deed for partition.
He said that every component of the partition needs to be mentioned in the deed.
My friend told me that mentioning the names of all the parties involved is mandatory.
He also said that the date on which the partition will be executed must also be mentioned.
According to him, the co-owners should negotiate an agreement that clearly defines the terms and conditions of the partition.
He told me that the deeds need to be written on stamp paper, and the parties involved should complete the registration process.
And that was all about family partition deed registration charges. I hope this helps.
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What Is Family Partition Deed Registration Charges?
Vhupen
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2024-03-04T22:10:09+00:00 2024-03-26T12:16:09+00:00Comment
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