Tuesday, 2 September 2014

An Article about "Need for Khatha Transfer of Property"


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Immovable property is transferred by method of Sale, Will, Gift, Release, Settlement, Partition Deed, and Exchange or otherwise. when 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 offered to them for transfer of Khatha in your name at the side of the prescribed fees, the involved Revenue Authorities can create necessary entries in their records indicating the possession of the properties in your name. Copies of those documents area unit equipped to you upon payments of prescribed charges. you may even have to pay land tax to the involved Authority often.

These documents area unit referred to as totally different|in several|in numerous} names at different places such as; Khatha Certificate, Khatha Extract, Khatha Endorsement, Phani, Chitti or Adangal. it's going to be noted that the deed is that the document through that an individual derives a title or possession of the property and Khatha Certificate and Khatha Extract solely certify such possession. they're supporting documents to the deed.

The records maintained by the Revenue Authority shall contain details of property like size of the plot, location, designed up space and then on with a read to hit the precise quantum of land tax owed by you as per norms prescribed. These documents also are used for identification of the person, WHO is primarily chargeable for payment of land tax. land tax may be a charge acquired upon thought of the scale and usage of the property and every one the property house owners area unit duty sure to pay land tax often.

The Khatha Certificate is one in all the essential documents needed to be made for getting building license, trade license or for getting loans from Banks and alternative money establishments. albeit you wish to sell your property, you may have to be compelled to turn out obligatorily copies of the revenue records viz., Khatha Certificate, Khatha Extract and therefore the latest tax paid receipt at the time of Registration of Sale Deed within the territorial Sub-Registrar’s workplace, Khatha Extract would provide an account of assessment of a property for payment of land tax.

Applying for Khatha

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

Holder Khatha

Whenever, the title documents don't seem to be supplied with to the involved Revenue Authority and therefore the property with super structure is in possession of an indweller, the property are going to be assessed to land tax registering khatedhar as ‘Holder’ to safeguard the interests of the Corporation Revenue. This Holder Khatha are going to be regular on the assembly of Title Deeds and on payment of improvement charges. General Power of professional (GPA) Holders of a property with super structure on it may also apply for Khatha in their name, wherever the Khatha are going to be registered as ‘Holder’ and taxes are going to be collected from such criterion Holders.

Applications for Khatha Registration could also be filed in Asst. Revenue workplace at the side of documents mentioned within the Sarala Khatha theme Book. Documents lay to rest alia embrace Sale Deed, Mother Deed, Encumbrance Certificate, National Savings Certificate and sketch showing the location details, at the side of the necessary fees of 2 p.c of revenue enhancement paid on the Conveyance Deed and betterment charges, where applicable.

Bifurcation and symptom of Khatha

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

Transfer of Khatha

Khatha is 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 could also be filed in Asst. Revenue workplacer’s Office at the side of the documents mentioned within the Sarala Khatha theme Book. The Sarala Khatha theme Book offers all the main points concerning the services of the Revenue Department, documents to be filed, fees to be paid, schedule of your time for the services and conjointly the rates for assessment of land tax below the self-assessment theme. Documents to be basined to the appliance area unit an equivalent as for brand spanking new Khatha Registration at the side of up-to-date tax paid receipts. buyer of such property is at risk of pay a pair of p.c of revenue enhancement as Khatha Transfer Fees.

Payment of land tax

Property tax is paid in 2 annual installments. The property for the primary 0.5 year can have to be compelled 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 last half of the assessment year. Payment of land tax on the far side sixty days as mentioned higher than can attract penal interest.

R.T.C.

RTC suggests that “Records of Right, occupancy & Crops for inspection”. RTC relates to Khatha of agricultural properties and it's otherwise referred to as as “Pahani”. it's a really necessary document for agricultural land. RTC is issued by the Village controller below Rules forty, 42, fifty eight & seventy of Mysore Land Revenue Rules, 1966. RTC may be a important document to trace title of agricultural property. It contains the subsequent details:

1.    Survey range,
2.    Hissa range/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 & occupancy details &
13.    Use of land & styles of crops.

RTC column serial Nos. twelve & thirteen contain total sixteen sub columns. It shows cultivator of the land, year and occupancy 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 below Rule forty six of Mysore Land Revenue Rules, 1966. It contains seven columns as elaborate 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 kind No: 9

The Gram Panchayath can issue Khatha in kind No: nine below Rule thirty five of Mysore Panchayath dominion Rule, 1995. It contains the subsequent 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: 10

It is a requirement register of assessment of the annual year. The Gram Panchayath can issue kind No. ten below Rule thirty five of Mysore Panchayath dominion Rule, 1995. It contains the subsequent details:

•    Property no:

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

•    The details of the tax (i.e., sanitary, education, health, library, land 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 settled within the Village Panchayath space.

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

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