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Author Topic: deed of agreement  (Read 186 times)

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Offline simi

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deed of agreement
« on: September 03, 2016, 01:46:21 PM »
Is there any legal value for an unregistered deed of agreement?
I am in the process of buying a house and agreement is about to happen.if I am not registering the agreement, but will be writing in a stamp paper..in case any thing goes wrong, am I able to use this document at court? Is there any legal value for this un registered stamp agreement doc?

Offline adv.amarnath

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Re: deed of agreement
« Reply #1 on: September 13, 2016, 08:58:31 AM »
Unregistered Agreement for Sale can be admitted in a civil case but it has to be impound. Generally, you have to pay ten times fine of court fee of market value of the property for filing a Suit for Specific Performance of COntract. Therefore, you have option to file but with higher amount. Therefore, it is suggested to go for Registration of Agreement for Sale with an clause to failing to registration of Deed of Sale will be charge penalty....
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Amarnath Sanyal
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