Property Registry Rules: 2 witnesses are required for property registration and this is mandatory. No property deal can be done without witnesses. These witnesses have to be present during the entire deal. There are many rules and regulations regarding witnesses in property registration and here we will learn about them.
Property Rules: Every day, property worth thousands of crores of rupees is bought and sold in India. Property dealings worth hundreds of crores of rupees are happening in the country these days. As we all know that property dealing is a very sensitive and complicated deal, in such a situation, the government has made many rules and laws for the purchase and sale of property, keeping which in mind the deal is done. Registry is a very big and important process in any property deal. Only after the registration of the property, that property is transferred from the name of the person selling it to the name of the person buying it. Today we will know here who cannot be made witnesses in the property registry?
2 witnesses are required in the property registry and this is mandatory. No property deal can be done without a witness. These witnesses have to be present during the entire deal. There are many rules and regulations regarding witnesses in the property registry and here we will learn about them.
- Who cannot be made a witness
A person below 18 years of age cannot be made a witness in a property deal.
- The person selling the property and the person buying it cannot be made a witness either.
- A person whose mental condition is not good cannot be made a witness either. Actually, only such a person is made a witness in a property deal, who knows between which people and on what terms and at what price the deal is being done. Apart from this, they should also know what they are doing.
Let us tell you that the entire process of registration of any property is done under the Indian Registration Act, 1908. This law provides for registration of property related documents, preservation of evidence, prevention of fraud and assurance of ownership.
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