Showing posts with label Property Registration. Show all posts
Showing posts with label Property Registration. Show all posts

Rectification of errors in index 2 of property registration Maharashtra

Here's a simplified explanation of Index 2 and how to handle errors in Maharashtra without a rectification deed

Index 2 Explained (Property Transactions)

Index 2 in Maharashtra Property Transactions:

Index 2 is a summary of your property transaction details in Maharashtra.  It's important, but not the *be-all-end-all*.  Small mistakes (like typos in names or addresses) don't invalidate your property ownership or the transaction.

Key Points-

*   If Index 2 details differ from your agreement, the agreement wins!
*   Court accepts minor Index 2 errors.
*   Typographical errors don't require a whole new document.

**What Index 2 Includes:**

*   Registration number
*   Registration office
*   Date & Time of Registration
*   Ready Reckoner Value
*   Property details (area, address)
*   Buyer & Seller info

**Common Mistake:**
Date of execution (signing) vs. date of registration (official registration).

**Fixing Index 2 Errors:**
Just file a simple application with the registration office.  It takes 4-6 months for the correction to show up in the records.  This is ONLY for Index 2 corrections, NOT changes to the actual registered agreement.  Changes to the agreement require a formal rectification deed. 

Download the application format from this link

Sky Properties

Call Sky Properties for all your real estate documentation and due diligence in Navi Mumbai.

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mayur@navimumbaiestate.in

Rectification of errors in index 2 of property registration Maharashtra

Here's a simplified explanation of Index 2 and how to handle errors in Maharashtra without a rectification deed Index 2 Explained (Prope...

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