Property Rules: Every day in India, property worth thousands of crores of rupees is bought and sold. These days, property dealing worth hundreds of crores of rupees is happening in the country. As we all know, property dealing is a very sensitive and complicated deal. In such a situation, the government has made many rules and regulations for the purchase and sale of property, keeping which in mind the deal is done.
registration of the property
Registry is a very big and important process in any property deal. Only after the registration of the property, the property is transferred from the name of the seller to the name of the buyer. Today we will know here who cannot be made a witness in the registration of the property? 2 witnesses are required for property registration and this is mandatory. No property deal can be done without witnesses. These witnesses have to be present during the entire deal. There are many rules and regulations regarding witnesses in property registration and here we will learn about them.
Who cannot be made a witness
1. A person below 18 years of age cannot be made a witness in a property deal.
2. The person selling the property and the person buying it also cannot be made a witness.
3. A person whose mental condition is not good cannot be made a witness. In fact, in a property deal, only such a person is made a witness who knows between which people and on what terms and at what price the deal is being done. Apart from this, they should also know what they are doing.
Let us tell you that the entire process of registration of any property takes place under the Indian Registration Act, 1908. This law provides for registration of property related documents, preservation of evidence, prevention of fraud and assurance of ownership.