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What is the registration of the property?

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Manu Manu
Answered on July 09,2020

Registration of the property means transferring the ownership by the Vendor to the Purchaser by registering the document with the concerned Sub-registrar office of the district by paying the required stamp duty and registration fees. The stamp duty and registration fees may vary as per the prevailing Govt Stamp duty Act. In Kerala, the rates are as follows a) Stamp Duty:- Stamp duty is 8% of the total cost mentioned in the sale deed. It can be paid as online transfer to State Govt Treasury Account.
b) Registration fees:- It is 2% of the total cost mentioned in the sale deed and can be paid as online transfer to State Govt Treasury Account.

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