Land or Property Registration means the registration to document changes in ownership and transactions containing immovable property. Whenever anyone purchases a piece of land or immovable property, he/she need to register the same with the concerned authority, so that a legal ownership title is legally transferred to the purchaser. This reduces the risk of fraud and helps dispute resolution; in addition to that, it also helps maintain a public record.
This agreement will encompass comprehensively the terms of the transaction, the conditions, and the date on which the procedure of sale will be completed.
In the case of property registration, payment of stamp duty is the most important aspect. Without payment of adequate stamp duty, the transaction is considered as incomplete.