Advocate S Selvakumar|Property advocates in Bangalore|Property lawyers in Bangalore
Immovable property
is often transferred by approach 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.
Immediately
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 on the market to them for
transfer of Khatha in your name at the side of the prescribed fees, the
involved Revenue Authorities can build necessary entries in their records
indicating the possession of the properties in your name. Copies of those documents
are provided to you upon payments of prescribed charges. You may even have to
pay capital levy to the involved Authority frequently.
Types of Khatha
These
documents are 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 should be noted that the title is
that the document through that an individual derives a title or possession of
the property and Khatha Certificate and Khatha Extract solely attest such
possession. They’re supporting documents to the title.
The records maintained by the Revenue Authority shall contain details of property like size
of the plot, location, engineered up space so on with a read to attain the
precise quantum of capital levy due by you as per norms prescribed. These
documents are used for identification of the person, who is primarily to blame
for payment of capital levy. Capital levy could be a charge found out upon
thought of the dimensions and usage of the property and every one the property
house owners are duty guaranteed to pay capital levy frequently.
The Khatha
Certificate is one amongst the essential documents needed to be created for
getting building license, trade license or for getting loans from Banks and
different monetary establishments. notwithstanding you would like to sell your
property, you may need to manufacture 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 capital levy.
Applying for Khatha
Only
property house owners will apply for Khatha Certificate upon payment of
up-to-date capital levy and therefore the prescribed fee. However, the Khatha
Extract is often applied by anybody, upon payment of requisite fees per
property for one extract. The Khatha Certificate and extract are often applied
at the workplace of the territorial Asst. Revenue Offices or at any processed
counter established by the metropolis Mahanagara Palike.
Holder
Khatha
Whenever,
the title documents don't seem to be stocked 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 capital levy registering
khatedhar as ‘Holder’ to safeguard the interests of the Corporation Revenue.
This Holder Khatha are going to be regularized 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 that may 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 measure Holders.
New Khatha Registration
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
entomb alia embrace Sale Deed, Mother Deed, Encumbrance Certificate, National
Savings Certificate and sketch showing the location details, at the side of the
obligatory fees of 2 % 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 components, 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 are
often 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 provides 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 capital levy underneath the self-assessment theme. Documents to
be fencelike to the appliance are identical as for brand new Khatha
Registration at the side of up-to-date tax paid receipts. Vendee of such
property is at risk of pay a pair of % of revenue enhancement as Khatha
Transfer Fees.
Payment of capital levy
Property tax
is often paid in 2 annual installments. The property for the primary 0.5 year
can need to be paid among sixty days from the date of commencement of the
assessment year. The second installment must be paid among sixty days from the
date of commencement of the last half of the assessment year. Payment of
capital levy on the far side sixty days as mentioned on top of can attract
penal interest.
R.T.C.
RTC suggests
that “Records of Right, residency & Crops for inspection”. RTC relates
to Khatha of agricultural properties and it's otherwise referred to as as
“Pahani”. it's a really vital document for agricultural land. RTC is issued by
the Village comptroller underneath Rules forty, 42, fifty eight & seventy
of Mysore Land Revenue Rules, 1966. RTC could 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.Kind of
Soil,
6.Patta,
7.No: of
Trees,
8.Total
extension cultivated through irrigation,
9.Owner of
possession within the land (column),
10.Kind of
possession,
11.Other
Rights & Miscellaneous,
12.Cultivation
& residency details &
13.Use of land
& types of crops.
RTC column serial Nos. twelve & thirteen contain total sixteen sub columns. It
shows cultivator of the land, year and residency details, quite crops, details
of water of growth of crops, details of water resources, average production of
crops/acre and different details.
Mutation
Extract
Mutation is
known within the Revenue Department as a Transfer of Right. Mutation is created
by the Village comptroller within the Register of Mutation. Mutation is issued
in type No: eleven underneath Rule forty six of karnataka Land Revenue Rules,
1966. It contains seven columns as elaborated below:
1.Sl. No.
shows mutation no: and year,
2.No. of
relation to preliminary record or Taluk workplace or Sub-Registrar or different
workplace,
3.Nature of
Rights,
4.Survey no:
and sub-division of details,
5.Order
details to the enquiry Officers,
6.Date of
entry within the Preliminary Record or Record of Right
7.Date of
issue of notice to the involved parties.
Village
Panchayath Khatha type No: nine
The Gram
Panchayath can issue Khatha in type No: nine underneath Rule thirty five of
Mysore Panchayath dominion Rule, 1995. It contains the subsequent details:
1.Property
no and details,
2.Owner of
the land and
3.Total
extent of the property with boundaries and annual tax.
Form No: ten
It is a
requirement register of assessment of the annual year. The Gram Panchayath can
issue type No. ten underneath Rule thirty five of karnataka Panchayath dominion
Rule, 1995. It contains the subsequent details:
1.Property
no:
2.Owner’s
name and tax fixation for the assessment year
3.The
details of the tax (i.e., sanitary, education, health, library, capital levy,
electricity tax and water tax).
4.Instead of
type nine & type ten, type one type No: twelve are currently
issued that contain similar details in respect of properties settled within the
Village Panchayath space.
5.It is
better that for peaceful possession and pleasure of your property with
associate degree absolute, clear and marketable title, you have got to induce
the Khatha transferred in your name now upon purchase.
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