FAQ's |
|
Q: What is
Leasehold to Freehold?
|
|
Or |
|
Q: What do
you mean by conversion of property in to Freehold? |
|
Freehold is
the transfer of ownership of property from government to the
person. The authorities like DDA, L&DO etc used to allot the
properties on leasehold basis i.e. the ownership remained
with the authority and the allottee was like a tenant. After
1993 the government started transferring the ownership to
the persons and this process is known as conversion of
property from lease hold basis to Freehold basis. |
|
Q: What is the procedure for Conversion
into freehold and which is the Authority concerned ? |
|
Or |
|
Q: Is there are any charges
for the conversion? If yes, then How much? |
|
Freehold procedure involves
three different departments vs-a-vis. Concerned Authority
(such as DDA, L&DO), Collector of Stamps, and Sub-Registrar.
Freehold application on prescribes form, along with other
relevant documents has to Deposited to concerned Authority.
|
|
For details
http://www.gauravdocumentation.com/freehold.html |
|
Freehold documentation requires
attested photocopies of all relevant letters of concerned
authority, ID, photographs, bills, form itself etc. |
|
Conversion Charges vary
according to the type, category, and area of the property.
It is necessary for complete freehold process to get the
Conveyance Deed registered with the office of Sub-Registrar. |
|
Q: What is meant by Mutation
of Property? Is there any difference from the term Transfer
of Property? |
|
In common parlance and usage
both the terms are used to mean the same i.e. Change of
ownership. However, more precisely it can be said that
Mutation is process of conveyance of ownership of property
after death of owner while Transfer is process while the
owner is still alive. |
|
Q: There are certain mistakes
in my registered Deed/Document. What can I do now? |
|
Errors in registered documents
can be corrected only through Rectification Deed duly
registered in the office of the Sub-Registrar concerned. |
|
General Information
|
*
‘Will’ can be registered on a plain paper. It
secures future of your children. |
|
*
Gift Deed is the safest way to grant ownership in
your lifetime |
|
*
You can get Certify
Copy of all registered documents of your property
from the concerned Sub-Registrar. This helps in keeping
duplicate records for unforeseen events. |
|
*
It is compulsory to get Lease Deed registered for
rent of Rs. 3500/- p.m. {or more}
*
Properties can often be exchanged through Exchange
Deed duly registered in the office of the
Sub-Registrar.
*
Errors in registered documents can be corrected through
Rectification Deed duly registered in the office
of the Sub-Registrar.
*
Affidavit is valid on Non Judicial Stamp Paper of
Rs. 10, Undertaking on Rs. 10, Indemnity
Bond on Rs. 100/-.
*
There are 13 numbers of Sub-Registrar offices in Delhi. |
|
* It is compulsory to
get Agreement to Sell registered since sep 2001. Are
your papers properly registered? Think!! |
|
* You can get
information of status of your property/file through RTI
Act, 2005 simply paying fee of Rs. 10/- to the PIO. |
|
* Always check that
the documents of property you intent to buy is complete
i.e chain of documents such as GPA, SPA, Will,
Possession Slip, Receipt of payment, Agreement to Sell. |
|
* Verbal Refusal of
acceptance of documents in any department amounts to
harassment. You can demand refusal in writing from the
concerned officer and this refusal can be well
challenged in courts. |
|
|
|