Wednesday 19 November 2014

An Article about "Need for Khatha Transfer of Property"


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Immovable property may be transferred by manner of Sale, Will, Gift, Release, Settlement, Partition Deed, and Exchange or otherwise. once such a transfer, it's necessary to form entries within the revenue records on production of the relevant documents to the involved Revenue Authority.

straightaway upon registration of the conveyance document with the involved Sub-Registrar, you may not get absolute possession details in their records in respect of the property. Upon verification of the documents created out there to them for transfer of Khatha in your name in conjunction with the prescribed fees, the involved Revenue Authorities can build necessary entries in their records indicating the ownership of the properties in your name. Copies of those documents area unit provided to you upon payments of prescribed charges. you may even have to pay capital levy to the involved Authority frequently.

Types of Khatha

These documents area unit known as completely different|in several|in numerous} names at different places such as; Khatha Certificate, Khatha Extract, Khatha Endorsement, Phani, Chitti or Adangal. it should be noted that the deed of conveyance is that the document through that someone derives a title or possession of the property and Khatha Certificate and Khatha Extract solely attest such ownership. They area unit supporting documents to the Title deed.

The records maintained by the Revenue Authority shall contain details of property like size of the plot, location, built up area then on with a view to attain the precise quantum of capital levy payable by you as per norms prescribed. These documents are also used for identification of the person, World Health Organization is primarily liable for payment of capital levy. capital levy may be a charge found out upon consideration of the scale and usage of the property and every one the property Owners are duty certain to pay capital levy regularly.

The Khatha Certificate is one among the essential documents needed to be made for getting building license, trade license or for getting loans from Banks and alternative money establishments. though you wish to sell your property, you may got to turn out obligatorily copies of the revenue records viz., Khatha Certificate, Khatha Extract and also the latest tax paid receipt at the time of Registration of Sale Deed within the territorial Sub-Registrar’s workplace, Khatha Extract would offer AN account of assessment of a property for payment of capital levy.

Applying for Khatha

Only property owners will apply for Khatha Certificate upon payment of up-to-date property tax and the prescribed fee. However, the Khatha Extract may be applied by anybody, upon payment of requisite fees per property for one extract. The Khatha Certificate and extract may be applied at the workplace of the territorial Asst. Revenue Offices or at any processed counter established by the metropolis Mahanagara Palike.

Holder Khatha

Whenever, the title documents don't seem to be fitted out to the involved Revenue Authority and also the property with super structure is in possession of AN dweller, the property are assessed to capital levy registering khatedhar as ‘Holder’ to guard the interests of the Corporation Revenue. This Holder Khatha are regularised on the assembly of Title Deeds and on payment of improvement charges. General Power of lawyer (GPA) Holders of a property with super structure on it can even apply for Khatha in their name, wherever the Khatha are registered as ‘Holder’ and taxes are collected from such touchstone Holders.

Applications for Khatha Registration is also filed in Asst. Revenue workplace on with documents mentioned in the Sarala Khatha theme Book. Documents repose alia embody Sale Deed, Mother Deed, Encumbrance Certificate, National Savings Certificate and sketch showing the positioning details, in conjunction with the necessary fees of 2 % of tax paid on the Conveyance Deed and betterment charges, where applicable.

Bifurcation and symptom of Khatha

When a property is split into 2 or additional elements, there's bifurcation and once there's merger of 1 or additional properties along there's symptom. A changed Khatha must be obtained in each the cases.

Transfer of Khatha

Khatha may be got transferred from the Vendor’s name to the Purchaser’s name upon the Registration of Conveyance Deed by following the prescribed procedure. Applications for Khatha Transfer is also filed in Asst. Revenue workplacer’s Office in conjunction with the documents mentioned within the Sarala Khatha theme Book. The Sarala Khatha theme Book offers all the small print regarding the services of the Revenue Department, documents to be filed, fees to be paid, schedule of your time for the services and additionally the rates for assessment of capital levy beneath the self-assessment theme. Documents to be b to the applying area unit an equivalent as for brand spanking new Khatha Registration in conjunction with up-to-date tax paid receipts. buyer of such property is susceptible to pay two % of tax as Khatha Transfer Fees.

Payment of Property Tax

Property tax may be paid in 2 annual installments. The property for the primary [*fr1] year can got to be paid inside sixty days from the date of commencement of the assessment year. The second installment must be paid inside sixty days from the date of commencement of the half of the assessment year. Payment of capital levy beyond 60 days as mentioned above will attract penal interest.
R.T.C.

RTC suggests that “Records of Right, residency & Crops for inspection”. RTC relates to Khatha of agricultural properties and it's otherwise known as as “Pahani”. It is a very important document for agricultural land. RTC is issued by the Village controller beneath Rules forty, 42, fifty eight & seventy of state Land Revenue Rules, 1966. RTC is a terribly vital document to trace title of agricultural property. It contains the subsequent details:

1.    Survey variety,
2.    Hissa Number/Sub Number,
3.    Total extent of Land & Kharab Land,
4.    Revenue Details,
5.    quite Soil,
6.    Patta,
7.    No: of Trees,
8.    Total extension cultivated through irrigation, 
9.    Owner of possession within the land (column),
10.    quite possession,
11.    alternative Rights & Miscellaneous,
12.    Cultivation & tenancy details &
13.    Use of land & types of crops.

RTC column serial Nos. twelve & thirteen contain total sixteen sub columns. It shows cultivator of the land, year and residency details, quite crops, details of water of growth of crops, details of water resources, average production of crops/acre and alternative details.
Mutation Extract

Mutation is known within the Revenue Department as a Transfer of Right. 

Mutation is formed by the Village controller within the Register of Mutation. 

Mutation is issued in kind No: eleven beneath Rule forty six of state Land Revenue Rules, 1966. It contains seven columns as elaborated below:

i.    Sl. No. shows mutation no: and year,
ii.    No: of relation to preliminary record or Taluk workplace or Sub-Registrar or alternative workplace,
iii.    Nature of Rights,
iv.    Survey no: and sub-division of details,
v.    Order details to the enquiry Officers,
vi.    Date of entry within the Preliminary Record or Record of Right &
vii.    Date of issue of notice to the involved parties.

Village Panchayath Khatha Form No: 9

The Gram Panchayath can issue Khatha in kind No: nine beneath Rule thirty five of state Panchayath rule Rule, 1995. It contains the following details:

a.    Property no: and details,

b.    Owner of the land and

c.    Total extent of the property with boundaries and annual tax.
Form No: ten

It is a requirement register of assessment of the annual year. The Gram Panchayath can issue kind No. ten beneath Rule thirty five of state Panchayath rule Rule, 1995. It contains the following details:

•    Property no:

•    Owner’s name and tax fixation for the assessment year &

•    The details of the tax (i.e., sanitary, education, health, library, property tax, electricity tax and water tax).

•    Instead of kind nine & kind ten, kind one & kind No: twelve area unit currently issued that contain similar details in respect of properties set within the Village Panchayath space.

•    It is advisable that for peaceful possession and delight of your property with an absolute, clear and marketable title, you have got to induce the Khatha transferred in your name straightaway upon purchase.

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