A will is a legal document that outlines the distribution of a person’s assets after their death. It is a testamentary document that comes into effect only after the death of the person who made it. A will can be registered or unregistered. Registering a will is not mandatory, but it provides legal standing to the document and makes it easier to prove its authenticity in court.
Registration of property refers to the process of registering the transfer of ownership of a property with the government authorities. It is a legal requirement under the Registration Act, 1908, and ensures conservation of evidence, prevention of fraud, and assurance of title. Registration of property is mandatory for all immovable properties valued at more than Rs.100.
In summary, a will is a legal document that outlines the distribution of assets after death, while registration of property refers to the process of registering the transfer of ownership of a property with government authorities.
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What is the difference between Will and registration as permanent in property?
VK Raghav
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2023-10-03T09:21:09+00:00 2023-10-03T11:52:08+00:00Comment
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