can xerox of sale deed be misused

How to Get a Copy of the Sale Deed from the Bank - Vakil Search B. 100% Confidentiality. As long as you are possessing the original documents you need not worry about the lost photocopies but you need to be very careful in future even with the photo copy documents. Court or public offices admits only certified copies or originals. If you have any problem in the original papers, the xerox will act as a proof. No one can misuse the photo copies of the sale deed documents as long as the original deed documents are in the safe custody (with you). No, once a sale deed is executed and registered, it cannot be canceled unilaterally by the seller. The new management team is merging the old Xerox document management business with high technology. All rights reserved. Integrity of lawyer cannot be question. Also publish a caution notice for general public in a national and regional daily to state the loss of sale deed and caution the general public to not to enter into any transaction with anyone other than you in respect of the property. Only one paper where the one of the owners has not signed is to be rescanned. 2. Don't worry, Xerox paper cannot be misused for either claiming ownership or mortgage the property. It is totally ignored by the street, which is why it is trading for less than 9X earnings. However, if you lost or missed placed the original sale deed. Let us grow stronger by mutual exchange of knowledge. 3. Wanted to check whether holding xerox copy of those documents appropriate with me? (subregistrar/supdt. In the said Section 'retrospective effect' has been given, once registration is taken place. XEROX copy or any unregistered agreement has no legal sanctity in the eye of law. If you want to be extra cautious, you can send the scanned copy on his email specifically mentioning that these are only for this.. this.. and this purpose. The amount of stamp duty applied to real estate purchases varies by state. No, on photo copy nobody can make false transaction because its mentioned on your name and other party may contact you. Sub-Register office where the was registered. A lawsuit is filed after a breach of contract to recover money in the form of damages, an injunction, or execution. Xerox is a American stock, trading under the symbol The sale deed is then registered with the appropriate government authorities, usually the Office of the Sub-Registrar. Questrade Review: Pros & Cons of Trading with Questrade Canada (2021), Between Safety and Risk: 3 Safe and Gambling Stocks. Curated by Michael O'Reilly since 2020. In case of any doubts, check whether the queries are already answered. You need to give it a little more time. First, let us take things in a positive way. Xerox papers can't be misused for either claiming ownership or mortgage purpose. +Get Signals +Get Signals. marking+of+xerox+copy | Indian Case Law | Law | CaseMine The deed protects the rights of both the buyer and the seller. No on xerox no transaction is done. Dont worry. 2023 LAWyersclubindia.com. - Xerox of any document having no value in the eye of law, specially in the absence of original deed. This public notice will prevent the apprehended misuse. ( 1) Absolutely no. Still file a lost report. A sale deed reduces troubles as all money due can be specified in the document. To obtain a certified copy of the sale deed, you must go to the Sub-Registrar Office (SRO) where the property is registered and submit an application. Yes you can send xerox to advocate and there is no problem in sending xerox copy of document to your lawyer. Sale Deed : Drafting, Charges, Benefits & Execution - Vakil Search Keep Smiling .. Hemant Agarwal A guide to common penalties for Notary misconduct | NNA The registration of a sale deed concludes the property purchase process. Points: 2. First check the ownership of the property bought by you. They recently spun off Conduint, their business process outsourcing business. The cost of stamp duty is 4% to 6% of the property's selling price. Why you have given all the papers for rescanning. XRX-N on the New York Stock Exchange Rescanning and misuse of sale deed - India Study Channel A defensive stock that he really likes. It is an essential document for both the buyer or the transferee and the seller or the transferor. However, they may misuse the contents of the same to unlawfully forge documents against your interests say GPA, Agreement of Sale etc., as the documents provided by you contains signature of the executors. Rights and Obligations: The sale deed should outline the rights and obligations of both the buyer and seller, such as maintenance responsibilities and any usage restrictions. You need to be the querist or 09 August 2019. All the documents related to the property must also be handed over to the buyer, Ensure that the title of the property is available from any deviation, A sale deed of land is not legally binding unless it is enrolled in the sub-registrar office. On the basis of photocopy of your title deed this lawyer or someone else is not going to become owner of your office. A sale deed is an important legal document that needs to be executed when a buyer buys the property. As far the Xerox copies are concerned there will not be any problem . Ji, to me he is correct person. In my opinion, copy of sale deed is not required to get encumbrance certificate. Also Xerox copies are not admissible as evidences in any courts. Get free answers to all your legal queries from experienced lawyers & expert advocates on property & other legal issues at LawRato. Hey Re-scanning is possible but now as per the recent technology scanning takes a few minutes where you can go the registrar office meet the concerned person and ask for your original document. Xerox (XRX-N) 26/10/2021. What happens if a deed of sale is not notarised? Points: 43230. No it cannot be used. He doesnt like buying companies with too much debt. 12 May 2015, kavksatyanarayana There has been a slew of new products out, aimed at the largest global companies to the small and midsized businesses. Employers and bosses can be held liable as well if they ask Notaries who work for them to violate proper procedure. A sale agreement suggests that the property will eventually be sold. Yes, it is safe, you and cross mark the sale deed and then send it. Xerox had trouble growing unlike Fuji Xerox. A high score means experts Your are not logged in . It is safe to give a photocopy of the documents. You informed the builder, and he signed later. You need not worry. It is in play at present. Read stock experts recommendations Click here to Login / Register. Shall I accept the certified copy of old registration and keep it with mealong with the latest execution? Raj Kumar Makkad (Expert) 06 August 2013 A photocopy has no legal sanctity and thus has no evidential value. Add stocks to watchlist to monitor them daily and get important alerts. The seller should settle a pending loan taken with the concerned property as a mortgage before proceeding with the sale. Can a certified copy of sale deed be misused when original is safe With a team of over 300 experienced business advisors and legal professionals, you are just a phone call away from the best in legal services. A. Xerox Copy of Certified Copy lost , can it be misused for any - LawRato LAWyersclub expert to take part in this query . IF you do not give the photocopy of the earlier Agreement of Property, THEN how will the buyer party verify the genuinely of the property document ???? The property might be property tax, water, and electricity charges before the sale deed is signed. from the experts comments. I have lost the original sale deed. Can I obtain a home loan - Tesz on Stockchase covered Xerox In the last year. 12 May 2015. It is a normal norm to give a photocopy of the agreement to the prospective buyers' agent for verification and for assessment by the buyers bank for loan purposes. The sale deed is valid from the date of execution, and it remains valid for the entire lifetime of the property. Sale deed : important clauses and their execution - iPleaders 2023 LAWyersclubindia.com. First check the details of lawyer on the Bar Council Website and then proceed. There is no possible of having any transaction using the same. Have to file missing report in Jaipur or public notice in local daily or both to avoid any liability arise in future due to misuse. It may consist of direct evidence of a person who saw the document being written or the signature being affixed. 2023 LAWyersclubindia.com. Thereafter, obtain a certified copy from the office of sub-registrar. A Xerox copy of a deed cannot do much harm but would suggest you to keep an eye. Misuse of original sale deed - Property Law | Others - Lawyersclubindia According to state regulations, the selling agreement must be registered. Original sale deed misplaced and having xerox answered by expert property lawyer. The buyer can then take possession of the property and start using it. An actual transfer of property ownership takes place through a sale document. Sale deed scan misuse - Lawyersclubindia - Hence, no need of worry , but be sure that you have delivered the said xerox to a lawyer and not some agent for taking said services. However, if you lost or missed placed the original sale deed. (XRX). Seller told that his other properties unsold and still with him (its true), they are mentioned in the original stamp papers. Which of the papers in the sale agreement is required to be xeroxed to change the name on property tax? Rescanning of all the papers is not required. 5. If at all the real estate guy wants to sell the said property, he will have to produce the original documents. Check the documents required for application before applying. Dividend yield of 3.5%. From the legal point of view an unregistered sale deed is worthless. Earnings reports or recent company news can cause the stock price to drop. Purchase Price: The sale deed should state the agreed-upon purchase price for the property and the payment terms. - Hence, even if you send an regional sale deed to the lawyer for taking some services , then that lawyer cannot misused the same , otherwise legal action can be initiated against him by the Bar Counsel of India. A registry, on the other hand, is a government record of ownership of the property. You need not worry. think yourself. Though paper hasn't gone away, Xerox is now a tech company involved in document storage for large businesses. After all registration process like sign, seal of sub registrar & scanning, I noticed that in Page 3 one of builders has not signed. B K Raghavendra Rao (Expert) 13 May 2010 Legally the said person cannot harm you with xerox copies of the property documents. Cannot obtain a home loan by submitting a photocopy of sale deed and photocopy of other supporting documents like an encumbrance certificate, Khata certificate, and tax paid receipt. 4. PAST TOP PICK. Do you have a copy of the deed with you. Yes you can email Xerox copy with your advocate. Stockchase, in its reporting on what has been discussed by individuals on business A few additional benefits of a sale deed are as follows: In general, a sale deed should include the below-mentioned details-. Rahul Mishra Advocate, Lucknow 13997 Answers 65 Consultations 5.0 on 5.0 Talk to Advocate Rahul Mishra Nothing is possible on the basis of xerox. The statement must come from a bank . He is holding the stock because thinks there is more upside. I hope you are having original copy with you. Thinks a lot of people are still digesting what the balance sheet looks like and what the outlook is. Seller told me that he will give certified copy of the old registration document from sub registrar office. The buyer is only granted the right to acquire a property in the future under the terms of the sale agreement. If you are worried about the loss of the photocopy of the property registration document, then you can issue a public notice in a local newspaper stating that you have lost the said document in transit and requesting the finder to return it to your address mentioned in the notice. Is property sale through power of attorney legal? - Housing.com It consists of the property details and sets out the rights and obligations of each party. On 2023-07-14, Xerox (XRX-N) Signatures and Witnesses: The sale deed must be signed by both the buyer and seller in the presence of witnesses, who must also sign the document. 2023 LAWyersclubindia.com. There are 2 kinds of debt in this. It is ok.xerox cannot be used in any official work. You might have taken a xerox copy of all the papers with you. just ask your lawyer to get you the Non encumbrance certificate along with the reciept of the certified copy, that is all you need. Original sale deed misplaced and having xerox - FREE LEGAL ADVICE - LawRato ( 2) Rescanning of all the papers is not required. Only a lawsuit for damages can be brought about by a breach of the sale agreement. The buyer is the individual who exchanges money for the right to acquire a piece of property. Visit Now! No, Need to worry, Xerox copies have no value in the eyes of Law. A lawsuit is filed after a breach of contract to recover money in the form of damages, an injunction, or execution. A specific, well-drafted deed will avoid ambiguity and minimise legal risks. The sale deed registration process generally involves the following steps: Note that the process may vary slightly depending on the laws of the state in which the property is located. If you do not have trust in him then go and personally deliver it to him. Xerox of your Sale Deed cannot be misused for forgery. The owner of the property will prepare the sale deed. 12 May 2015, how come you have only the xerox copy of the sale deed.is the original with the seller himself.you cant register property on your name with a xerox copy of the sale deed, uma Yes that is safe. They are in a no growth world for them. approved How to get Katha on my friend name? This makes the sale process more stable and comfortableAdditionally, it assures that your property is not taken for granted, given the existence of a registered and stamped legal document. So relax and keep in touch with your advocate. Once you have applied, note down the application number to track the status. Therefore their is no problem to give Xerox copy of your house. Possession Date: The sale deed should mention the date on which the buyer will take possession of the property. A selling agreement is an executing contract, meaning it will eventually be carried out. What is the right time to handover xerox copies of property - LawRato You have to have trust in your lawyer. You can provide cancelled and crossed xerox xerox of the sale deed to the lawyer on his email address, if it is required. The individual selling or transferring ownership of a property is known as the seller. help us fix any errors. Be sure the property is in your name and possession. The proof of the genuineness of a document is proof of the authorship of the document and is proof of a fact like that of any other fact the evidence relating thereto may be direct, or circumstantial. Xerox copies cannot be misused. Yes, a deed of sale is considered proof of ownership of the property, provided it is duly registered. Now you can read this page in Hindi.Change language to . 2. But always before handling any original documents it better to have a xerox of original and take a sign from a person to whom your submitting your original documents to prevent from further complications. Check whether you are eligible to apply for this service. 6. Law of Evidence - Admissibility of secondary evidence of document - Section 66, Evidence Act, 1872 - In suit proceedings for specific performance, Petitioner produced xerox copy of affidavit stating that it was by way of an agreement of sale executed by one Mr. X in favour of Petitioner - Trial Court refused permission to mark said xerox copy as. Whether retrospective operation of registered sale deed always be don't worry. Sign If everything is in order, the sale deed is registered and a copy is returned to the parties. As per your query we should very cautious in dealing with property matters. A certified copy of the sale deed can be procured if you dont have a copy. It will not cause any problem / it will not be misused. 12 May 2015. ask the seller to give you original deed registered. Asked 3 years ago in Intellectual Property. If you have any questions or concerns regarding any content published here, feel free to contact us using the Contact link below. New to Tesz? We would like to show you a description here but the site won't allow us. Please note that sale deeds are not negotiable instruments in law and as such mere possession of original sale deed does not confer ownership. They are back to growth mode again, earnings have started to grow and free cash flow is growing. And even if a . on . Check the time required for the completion of the service. Taxation_of_monthly_state_allowance_to_dependent_of_ff, w.b. This agreement is usually in the form of a sale deed. No Spam. It's quick, easy, and anonymous.