Regulate Initials Deed For Free

Sale deed is a document but title deed is a concept As soon as a sale deed is registered, it becomes a legal proof that the title of the property has been transferred in the name of the buyer. It is in this capacity that sale deed becomes a title deed. That way, a sale deed is also a title deed.

Alternative to Rectification Deed Under Section 26 of the Specific Relief Act 1963, you may file a suit before the court. In case the real intention of the party involved is not properly reflected in the document, the law provides relief to parties because of a bonafide mistake.

Absolute Sale Deed It is also referred to as 'Registry'. It is a proposal to sell the property. It only implies 'future transfer' of property.

Stamp Duty for Rectification Deed in Maharashtra The stamp duty and registration fees for rectification deeds in Maharashtra are each Rs 100 for typographical and other general errors.

The Rectification Deed can be issued only on the following conditions: 1) If the mistakes made in the original document are 100% genuine. 2) The error made in the original document is unintentional. 3) The parties related to the original document have each other's mutual consent to execute the Rectification Deed.

What are the rectification deed charges? If your original deed is not registered yet, you can replace the existing sale deed with the rectified one. However, if the deed is already registered, you have to pay Rs 100 as stamp duty.

Parties concerned have to get the rectification deed registered if the original document was registered, for which they have to pay a nominal charge of Rs 100.