Immovable
property can be transferred by way of Sale, Will, Gift, Release, Settlement,Partition Deed, and Exchange or otherwise. After such a transfer, it is
necessary to make entries in the revenue records on production of the relevant documents
to the concerned Revenue Authority.
Immediately
upon registration of the conveyance document with the concerned Sub-Registrar,
you will not get absolute ownership details in their records in respect of the
property. Upon verification of the documents made available to them for
transfer of Khatha in your name along with the prescribed fees, the concerned
Revenue Authorities will make necessary entries in their records indicating the
ownership of the properties in your name. Copies of these documents are
supplied to you upon payments of prescribed charges. You will also have to pay
property tax to the concerned Authority regularly.
Types of Khatha
These
documents are called in different names at different places such as; Khatha Certificate, Khatha Extract, Khatha Endorsement, Phani, Chitti or Adangal. It
may be noted that the Title Deed is the document through which a person derives
a title or ownership of the property and Khatha Certificate and Khatha Extract
only authenticate such ownership. They are supporting documents to the Title
deed.
The
records maintained by the Revenue Authority shall contain details of property
such as size of the plot, location, built up area and so on with a view to
arrive at the exact quantum of property tax payable by you as per norms
prescribed. These documents are also used for identification of the person, who
is primarily liable for payment of property tax. Property tax is a charge
arrived at upon consideration of the size and usage of the property and all the
property Owners are duty bound to pay Property Tax regularly.
The
Khatha Certificate is one of the essential documents required to be produced
for obtaining building license, trade license or for obtaining loans from Banks
and other Financial Institutions. Even if you want to sell your property, you
will have to produce compulsorily copies of the revenue records viz., Khatha
Certificate, Khatha Extract and the latest tax paid receipt at the time of
Registration of Sale Deed in the Jurisdictional Sub-Registrar’s Office, Khatha
Extract would give an account of assessment of a property for payment of
property tax.
Applying for Khatha
Only
property Owners can apply for Khatha Certificate upon payment of up-to-date
property tax and the prescribed fee. However, the Khatha Extract can be applied
by anybody, upon payment of requisite fees per property for one extract. The
Khatha Certificate and extract can be applied at the Office of the
Jurisdictional Asst. Revenue Offices or at any computerised counter established
by the Bangalore Mahanagara Palike.
Holder Khatha
Whenever,
the title documents are not furnished to the concerned Revenue Authority and
the property with super structure is in possession of an Occupant, the property
will be assessed to property tax registering khatedhar as ‘Holder’ to protect
the interests of the Corporation Revenue. This Holder Khatha will be
regularised on the production of Title Deeds and on payment of improvement
charges. General Power of Attorney (GPA) Holders of a property with super structure
thereon can also apply for Khatha in their name, where the Khatha will be
registered as ‘Holder’ and taxes will be collected from such GPA Holders.
New Khatha Registration
Applications
for Khatha Registration may be filed in Asst. Revenue Office along with
documents mentioned in the Sarala Khatha Scheme Book. Documents inter alia
include Sale Deed, Mother Deed, Encumbrance Certificate, National Savings
Certificate and sketch showing the site details, along with the mandatory fees
of two percent of Stamp Duty paid on the Conveyance Deed and betterment
charges, wherever applicable.
Bifurcation and Clubbing
of Khatha
When
a property is divided into two or more parts, there is bifurcation and when
there is merger of one or more properties together there is clubbing. A
modified Khatha has to be obtained in both the cases.
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