View
233
Download
0
Category
Preview:
Citation preview
8/10/2019 Conveyance & Deemed Conveyance of Land or Property
http://slidepdf.com/reader/full/conveyance-deemed-conveyance-of-land-or-property 1/37
CA . RAMESH S. PRABHU
(Chairman) M S W A
CONVEYANCE &CONVEYANCE &
DEEMED CONVEYANCEDEEMED CONVEYANCE
8/10/2019 Conveyance & Deemed Conveyance of Land or Property
http://slidepdf.com/reader/full/conveyance-deemed-conveyance-of-land-or-property 2/37
M O F A, 1963
• CONSTRUCTION BOOM IN THE 60’S
• FLAT PURCHASERS WERE
UNPROTECTED• BUILDERS TOOK FULL ADVANTAGE
• MANY IRREGULARITIES SURFACED
• GOVT. IMPLEMENT AN ACT IN 1963
• KNOWN AS M O F A, 1963
8/10/2019 Conveyance & Deemed Conveyance of Land or Property
http://slidepdf.com/reader/full/conveyance-deemed-conveyance-of-land-or-property 3/37
UNDER M O F A, 1963UNDER M O F A, 1963
•Flat Owners get Statutory Rights
•Can demand Building relevantpapers
•Get the Agreement Registered
• Agreement in Specific Format
•Maintain property till societyformed
8/10/2019 Conveyance & Deemed Conveyance of Land or Property
http://slidepdf.com/reader/full/conveyance-deemed-conveyance-of-land-or-property 4/37
MOTHER OF FLAT ACTMOTHER OF FLAT ACT
MAHARASHTRA OWNERSHIP FLAT ACT, 1963
MAHARASHTRA OWNERSHIP FLAT ACT, 1963
Appi!a"#
A O$#r
Mahara%h&ra
Appi!a"#
A O$#r
Mahara%h&ra
R#a&#' &
Onin* + a!-irin*
Ri*h&%
R#a&#' &
Onin* + a!-irin*
Ri*h&%
Cn!#rn#'i&h Fa&%
Cn!#rn#'i&h Fa&%
A !nn#!&#'
C#n&ra S&a&#
/a% appi!a"#
A !nn#!&#'
C#n&ra S&a&#
/a% appi!a"#
Fr##h' Ri*h&%
Fr##h' Ri*h&% /#a%#h' Ri*h&%
/#a%#h' Ri*h&%
8/10/2019 Conveyance & Deemed Conveyance of Land or Property
http://slidepdf.com/reader/full/conveyance-deemed-conveyance-of-land-or-property 5/37
4) MOFA : INDEPENDENT UNITS
4) MOFA : INDEPENDENT UNITS
Pr$i'#' r a*r##' & "# pr$i'#' "0 &h# Prm&#r
&h# P-r!ha%#r 2r a Cn%i'#ra&in
Pr$i'#' r a*r##' & "# pr$i'#' "0 &h# Prm&#r
&h# P-r!ha%#r 2r a Cn%i'#ra&in
R#%i'#n&ia
Fa&
R#%i'#n&ia
Fa&Shp
Shp ara*#
ara*# B-n*a
B-n*a4n'-%&ria
aa
4n'-%&ria
aa
D#$#p#'
P&
D#$#p#'
P&
An0 Cn%&r-!&#'
r & "# Cn%&r-!&#'
S&r-!&-r#
An0 Cn%&r-!&#'
r & "# Cn%&r-!&#'
S&r-!&-r#
An0 P#rman#n&
S&r-!&-r#
An0 P#rman#n&
S&r-!&-r#O22i!#
O22i!#
8/10/2019 Conveyance & Deemed Conveyance of Land or Property
http://slidepdf.com/reader/full/conveyance-deemed-conveyance-of-land-or-property 6/37
8/10/2019 Conveyance & Deemed Conveyance of Land or Property
http://slidepdf.com/reader/full/conveyance-deemed-conveyance-of-land-or-property 7/37
OBLIGATION OF THE BUILDEROBLIGATION OF THE BUILDER
1. Enter into Agreement2. Registration of Agreement3. Receive the Flat
Consideration4. Hand over the Possession
of at as agreed
1. Enter into Agreement2. Registration of Agreement3. Receive the Flat
Consideration4. Hand over the Possession
of at as agreed
Contractual !ligationsContractual !ligations "tatutor# !ligations"tatutor# !ligations
1. Register Agemt on Recei$t o2. Com$lete the 'uilding in all3. Provide .C.( '.CC.4. Provide Common Facilities
). *ater Connection+. Electric connection,. -isclose the information. Provide all -ocuments/. Registration of "ociet# 0 eg1%.Providing Conve#ance
1. Register Agemt on Recei$t o2. Com$lete the 'uilding in all3. Provide .C.( '.CC.4. Provide Common Facilities
). *ater Connection+. Electric connection,. -isclose the information. Provide all -ocuments/. Registration of "ociet# 0 eg1%.Providing Conve#ance
8/10/2019 Conveyance & Deemed Conveyance of Land or Property
http://slidepdf.com/reader/full/conveyance-deemed-conveyance-of-land-or-property 8/37
P
•Meaning of Conveyance :
It’s the Document confirming thetransfer of title
•Objects :
–
To become the legal owner – To make entries in Govt. Records
– To have free and marketable title
CONVEYANCE
8/10/2019 Conveyance & Deemed Conveyance of Land or Property
http://slidepdf.com/reader/full/conveyance-deemed-conveyance-of-land-or-property 9/37
• Transfer of Ownership Rights over Transfer of Ownership Rights overthe land it is constructed onthe land it is constructed on
• All Commercial benefits come to All Commercial benefits come toSocietySociety
• Appreciation of Property …….as also Appreciation of Property …….as also
•
Loan can be raised by mortgageLoan can be raised by mortgage
•Balance F S I can be retainedBalance F S I can be retained
•Permission for redevelopmentPermission for redevelopment
possiblepossible
ADVANTAGE OF CONVEYANCE
8/10/2019 Conveyance & Deemed Conveyance of Land or Property
http://slidepdf.com/reader/full/conveyance-deemed-conveyance-of-land-or-property 10/37
HAVE YOU READ SOMETHING LIKE THIS ?
May be a very few cases !
8/10/2019 Conveyance & Deemed Conveyance of Land or Property
http://slidepdf.com/reader/full/conveyance-deemed-conveyance-of-land-or-property 11/37
Dn<& ai& 2r a Si&-a&in
/i=# &hi% & Happ#n >>
V
What in case if this happens?
8/10/2019 Conveyance & Deemed Conveyance of Land or Property
http://slidepdf.com/reader/full/conveyance-deemed-conveyance-of-land-or-property 12/37
DOCUMENTS REQUIRED FORDOCUMENTS REQUIRED FORCONVEYANCECONVEYANCE
•Society Reg. Cert : With Society•Stamp Duty & Reg Paid Proof : Eachindividual• Agreement for Sale : Promoter toPurchaser•Commencement Cert : Municipal Authority•
C C / O. C : Concerned Authority toBuilder• Approved Building Plan : Municipal Authority•
7/12 Extract : Tahsildar /Concerned Auth
8/10/2019 Conveyance & Deemed Conveyance of Land or Property
http://slidepdf.com/reader/full/conveyance-deemed-conveyance-of-land-or-property 13/37
DOCUMENTS REQUIRED FORDOCUMENTS REQUIRED FORCONVEYANCECONVEYANCE
•Form No 6 Mutation Entry : RevenueOffice•Search Report / Title Clearance :
Advocate•Index II : Sub Registrar of Assurances•Property Card : Thasildar•N A Order : Collector of Districts
•Development Agreement : Land Ownerto Builder•Conveyance Deed or Sale deed : Builderto Society
8/10/2019 Conveyance & Deemed Conveyance of Land or Property
http://slidepdf.com/reader/full/conveyance-deemed-conveyance-of-land-or-property 14/37
Mah.Ownership Flat Act, 1963
•U/s 11. Promoter /Builder to completeconveyance of land & building tosociety
•
Promoter/builder to rectify, executeand deliver all relevant documents oftitle
•Execute conveyance within 4 monthsfrom the registration of society
•U/s 13. Non-conveyance is an offence
•Punishment :3 yrs Jail or fine or both
8/10/2019 Conveyance & Deemed Conveyance of Land or Property
http://slidepdf.com/reader/full/conveyance-deemed-conveyance-of-land-or-property 15/37
U/S11. TO CONVEY LAND AND BUILDING TO THE LEGALENTITY WITHIN PRESCRIBED TIME &DELIVER RELEVANT DOCUMENTS.
U/S11. TO CONVEY LAND AND BUILDING TO THE LEGALENTITY WITHIN PRESCRIBED TIME &DELIVER RELEVANT DOCUMENTS.
/#*a R#m#'i#%
E?i%&in* &i 57
/#*a R#m#'i#%
E?i%&in* &i 57
Ci$i C-r&
U+Sp#!i2i! R#i#2
A!&, 1963
Ci$i C-r&
U+Sp#!i2i! R#i#2
A!&, 1963
Am#n'm#n& & R-#% #r# ma'# & imp#m#n& &h# 2-n!&inin*
2 Cmp#&#n& A-&hri&0 an' MOF (Am#n'm#n&) R-#%, 51 n&i2i#'
Am#n'm#n& & R-#% #r# ma'# & imp#m#n& &h# 2-n!&inin*
2 Cmp#&#n& A-&hri&0 an' MOF (Am#n'm#n&) R-#%, 51 n&i2i#'
@-a%i -'i!ia A-&hri&0 a% p#r
MOFA;Am#n'm#n&;58
@-a%i -'i!ia A-&hri&0 a% p#r
MOFA;Am#n'm#n&;58
Cn%-m#r C-r&
U+ Cn%-m#r
Pr&#!&in A!&, 1986
Cn%-m#r C-r&
U+ Cn%-m#r
Pr&#!&in A!&, 1986
Crimina C-r&
U+S;13 2
MOFA 1963
Crimina C-r&
U+S;13 2
MOFA 1963
D0.Di%&.R#*r,
C.A n&i2i#'
a% Cmp#&#n&
A-&hri&0
D0.Di%&.R#*r,
C.A n&i2i#'
a% Cmp#&#n&
A-&hri&0
8/10/2019 Conveyance & Deemed Conveyance of Land or Property
http://slidepdf.com/reader/full/conveyance-deemed-conveyance-of-land-or-property 16/37
REMEDIES WITH COMPETENT AUTHORITYREMEDIES WITH COMPETENT AUTHORITY
FOR 4O/A4ON OF SAUOR OB/4A4ONS B HE
PROMOER FOR HE COMMON BENEF4 OF F/A BUERS
FOR 4O/A4ON OF SAUOR OB/4A4ONS B HE
PROMOER FOR HE COMMON BENEF4 OF F/A BUERS
U/s.5.
Disclosure of
Information
of Money
Collectedfor a Particular
Purpose
U/s.5.
Disclosure of
Information
of Money
Collectedfor a Particular
Purpose
U/s.10.
Formation of
Leal entity to
Manae
Common
!er"ices#$rea % Facilities
after
Disposin
&0' units
U/s.10.
Formation of
Leal entity to
Manae
Common
!er"ices#$rea % Facilities
after
Disposin
&0' units
U/s11.
(o Con"ey
Land
and )uildin
to t*e Leal +ntity
,it*in -
mont*s % Deli"er
Documents.
U/s11.
(o Con"ey
Land
and )uildin
to t*e Leal +ntity
,it*in -
mont*s % Deli"er
Documents.
U/s 1- % 15(o Inform
Local $ut*ority
to Dear (*e
Promoter from
Construction$cti"ity for
ne2t 5 years
on con"iction
y court on
M3F$ "iolation.
U/s 1- % 15(o Inform
Local $ut*ority
to Dear (*e
Promoter from
Construction$cti"ity for
ne2t 5 years
on con"iction
y court on
M3F$ "iolation.
8/10/2019 Conveyance & Deemed Conveyance of Land or Property
http://slidepdf.com/reader/full/conveyance-deemed-conveyance-of-land-or-property 17/37
U+S. 7 D4SC/OSURE OF 4NFORMA4ON B HE PROMOER U+S. 7 D4SC/OSURE OF 4NFORMA4ON B HE PROMOER
CO//ECED MONE FROM HE F/A BUERS FOR FO//OW4N
PURPOSE OHER HAN SA/E CONS4DERA4ON+ COS OF
F/A O BE D4SC/OSED AND ACCOUN SAEMEN O BE PRO4DED..
CO//ECED MONE FROM HE F/A BUERS FOR FO//OW4N
PURPOSE OHER HAN SA/E CONS4DERA4ON+ COS OF
F/A O BE D4SC/OSED AND ACCOUN SAEMEN O BE PRO4DED..
Pa0a"# &
A-&hri&i#% 2r %#r$i!#
Pa0a"# &
A-&hri&i#% 2r %#r$i!#
Fr a? Pa0m#n&%
Fr a? Pa0m#n&%
FrMain&#nan!#
FrMain&#nan!#
Fr Cmmn /#*a En&i&0Fr Cmmn /#*a En&i&0
1.D#$#pm#n&
Char*#%5.Wa&#r M#&#r
D#p%i&
3.E#!&i! D#p%i&
. Pr#mi-m &
A-&hri&i#% #&!
1.D#$#pm#n&
Char*#%5.Wa&#r M#&#r
D#p%i&
3.E#!&i! D#p%i&
. Pr#mi-m &
A-&hri&i#% #&!
1. BMC;Prp.a?
5. N.A a?3. S& D-&0
. R#*n F##%
7. MA D#p%i&
6. S#r$.a?
D#p%i&
1. BMC;Prp.a?
5. N.A a?3. S& D-&0
. R#*n F##%
7. MA D#p%i&
6. S#r$.a?
D#p%i&
1. Wa&#r Ch*%
5. E#!&.Ch*%3. Cmm. R#pair%
. S#r$i!# !h*%
7. 4n%-ran!#
6. Cmmn
S#r$i!#%
1. Wa&#r Ch*%
5. E#!&.Ch*%3. Cmm. R#pair%
. S#r$i!# !h*%
7. 4n%-ran!#
6. Cmmn
S#r$i!#%
1.Shar# Mn#0
5.Cn$0 Ch*%3.Crp-% F-n'
.A'$. Main&.
7./#*a F##%
6.O&h#r%
1.Shar# Mn#0
5.Cn$0 Ch*%3.Crp-% F-n'
.A'$. Main&.
7./#*a F##%
6.O&h#r%
8/10/2019 Conveyance & Deemed Conveyance of Land or Property
http://slidepdf.com/reader/full/conveyance-deemed-conveyance-of-land-or-property 18/37
U+S.1. FORMA4ON OF /EA/ EN4 .
(MOFA;MOHER OF F/AS AC)
U+S.1. FORMA4ON OF /EA/ EN4 .
(MOFA;MOHER OF F/AS AC)
(3 M$4$+ C3MM34 !+6VIC+!#$6+$ % F$CILI(I+! $F(+6 DI!P3!I4 &0' U4I(! )7 P63M3(+6!
(3 M$4$+ C3MM34 !+6VIC+!#$6+$ % F$CILI(I+! $F(+6 DI!P3!I4 &0' U4I(! )7 P63M3(+6!
S!i#&0 r
F#'#ra&in
S!i#&0 r
F#'#ra&in
Mah.C;p.
S!.A!&, 196
A& D0. R#*r.
Mah.C;p.
S!.A!&, 196
A& D0. R#*r.
Cmpan0Cmpan0 Cn'mini-mCn'mini-mO&h#r
/#*a En&i&0
O&h#r
/#*a En&i&0
Cmpani#% A!&,
1976 a& ROC
Cmpani#% A!&,
1976 a& ROC
Mah. Apr&.
On. A!&, 19
A& S-";R#*r.
Mah. Apr&.
On. A!&, 19
A& S-";R#*r.
A%%!ia&in
-+SRA, 186
A%%!ia&in
-+SRA, 186
r-%&
-+BP,197
r-%&
-+BP,197
Firm%
-+4PA, 1935
Firm%
-+4PA, 1935
PSU U
-+A!& 2 Pim&
PSU U
-+A!& 2 Pim&
O&h#r%
//P #&!.
O&h#r%
//P #&!.
8/10/2019 Conveyance & Deemed Conveyance of Land or Property
http://slidepdf.com/reader/full/conveyance-deemed-conveyance-of-land-or-property 19/37
U/S11. TO CONVEY LAND AND BUILDING TO THE LEGALENTITY WITHIN PRESCRIBED TIME &DELIVER RELEVANT DOCUMENTS.
U/S11. TO CONVEY LAND AND BUILDING TO THE LEGALENTITY WITHIN PRESCRIBED TIME &DELIVER RELEVANT DOCUMENTS.
/#*a R#m#'i#%
E?i%&in* &i 57
/#*a R#m#'i#%
E?i%&in* &i 57
Ci$i C-r&
U+Sp#!i2i! R#i#2
A!&, 1963
Ci$i C-r&
U+Sp#!i2i! R#i#2
A!&, 1963
Am#n'm#n& & R-#% #r# r#-ir#' & imp#m#n& &h# 2-n!&inin*
2 Cmp#&#n& A-&hri&0 an' MOF (Am#n'm#n&) R-#%, 59 n&i2i#'
Am#n'm#n& & R-#% #r# r#-ir#' & imp#m#n& &h# 2-n!&inin*
2 Cmp#&#n& A-&hri&0 an' MOF (Am#n'm#n&) R-#%, 59 n&i2i#'
@-a%i -'i!ia A-&hri&0 a% p#r
MOFA;Am#n'm#n&;57
@-a%i -'i!ia A-&hri&0 a% p#r
MOFA;Am#n'm#n&;57
Cn%-m#r C-r&
U+ Cn%-m#r
Pr&#!&in A!&, 1986
Cn%-m#r C-r&
U+ Cn%-m#r
Pr&#!&in A!&, 1986
Crimina C-r&
U+S;13 2
MOFA 1963
Crimina C-r&
U+S;13 2
MOFA 1963
D0.Di%&.R#*r,
C.A n&i2i#'
a% Cmp#&#n&
A-&hri&0
D0.Di%&.R#*r,
C.A n&i2i#'
a% Cmp#&#n&
A-&hri&0
8/10/2019 Conveyance & Deemed Conveyance of Land or Property
http://slidepdf.com/reader/full/conveyance-deemed-conveyance-of-land-or-property 20/37
11) AMENDMENT IN MOFA IN 2008- PURPOSE11) AMENDMENT IN MOFA IN 2008- PURPOSE
1. pr$i'# a Cmp#&#n& (@-a%i -'i!ia) A-&hri&0
in a''i&in & #?i%&in* /#*a R#m#'i#%.
5. r'#r 4mp#m#n& &h# r#m#'ia %&#p% "0
Cmp#&#n& A-&hri&0 in &h# !mmn
in&#r#%& 2 2a& "-0#r%.
1. pr$i'# a Cmp#&#n& (@-a%i -'i!ia) A-&hri&0
in a''i&in & #?i%&in* /#*a R#m#'i#%.
5. r'#r 4mp#m#n& &h# r#m#'ia %&#p% "0
Cmp#&#n& A-&hri&0 in &h# !mmn
in&#r#%& 2 2a& "-0#r%.
U+% 7A 2 MOFA n& "# &h# ran= 2 (D D R)
Di%&. D0.R#*i%&rar 2 C;p.S!. a% p#r N&i2i!a&in
Da&#'. 57;6;8, ha$# "##n n&i2i#' & "# Cmp#&#n&
A-&hri&0 2r &h#ir r#%p#!&i$# -ri%'i!&in
U+% 7A 2 MOFA n& "# &h# ran= 2 (D D R)
Di%&. D0.R#*i%&rar 2 C;p.S!. a% p#r N&i2i!a&in
Da&#'. 57;6;8, ha$# "##n n&i2i#' & "# Cmp#&#n&
A-&hri&0 2r &h#ir r#%p#!&i$# -ri%'i!&in
8/10/2019 Conveyance & Deemed Conveyance of Land or Property
http://slidepdf.com/reader/full/conveyance-deemed-conveyance-of-land-or-property 21/37
CONVEYANCE OF LAYOUT PLOT.CONVEYANCE OF LAYOUT PLOT.
ll the "ocieties oA$$l# together For
1.1%%& 'ldg
2.otional etPlot as $erF"5 6"E-
3. Fedn to 7anagecommon
Area get title
ll the "ocieties oA$$l# together For
1.1%%& 'ldg
2.otional etPlot as $erF"5 6"E-
3. Fedn to 7anagecommon
Area get title
"ingle "ociet#*ith1.1%%& 'ldg
2.otional etPlot
3. Percentage of
6ndividedRights area as $er
F"5 6"E-
"ingle "ociet#*ith1.1%%& 'ldg
2.otional etPlot
3. Percentage of
6ndividedRights area as $er
F"5 6"E-
o he Fedr A$e8
'od# *ithhe
Consent
AllegalEntities
o he Fedr A$e8
'od# *ithhe
Consent
AllegalEntities
8/10/2019 Conveyance & Deemed Conveyance of Land or Property
http://slidepdf.com/reader/full/conveyance-deemed-conveyance-of-land-or-property 22/37
SCRUTINY OF APPLICATION &SCRUTINY OF APPLICATION &NOTICES TO PARTIESNOTICES TO PARTIES
SCRUTINY OF APPLICATION &SCRUTINY OF APPLICATION &NOTICES TO PARTIESNOTICES TO PARTIES
ive the Ac<no=ledgement to A$$licationsnd Register in Register$$lication to !e incom$lete( send theotice for com$liance as $er form o. >555A to issue notice for hearing =ithin 1)a#s of registering the a$$licationotice to !e served registered $ost(
c<no=ledgement due.A to issue $u!lic notice inviting claims(!?ections in local ne=s $a$ers havingide circulation( if the notice is not served
n the !uilders0 o$$onents
ive the Ac<no=ledgement to A$$licationsnd Register in Register$$lication to !e incom$lete( send theotice for com$liance as $er form o. >555A to issue notice for hearing =ithin 1)a#s of registering the a$$licationotice to !e served registered $ost(
c<no=ledgement due.A to issue $u!lic notice inviting claims(!?ections in local ne=s $a$ers havingide circulation( if the notice is not served
n the !uilders0 o$$onents
8/10/2019 Conveyance & Deemed Conveyance of Land or Property
http://slidepdf.com/reader/full/conveyance-deemed-conveyance-of-land-or-property 23/37
8/10/2019 Conveyance & Deemed Conveyance of Land or Property
http://slidepdf.com/reader/full/conveyance-deemed-conveyance-of-land-or-property 24/37
PRODUCTION & INSP. OF DOCUMENTSPRODUCTION & INSP. OF DOCUMENTSPRODUCTION & INSP. OF DOCUMENTSPRODUCTION & INSP. OF DOCUMENTS
9a:Parties to le relevant documents in su$$or5f CA is satised ( that reDd. documents isCA ma# direct the concerned $art# to $roduhe A$$l. to le =ritten sa# !efore deman
documents.9!:he $art# ordered( fails to $roduce( CA ma#inference against such $art# and original
=ill continue.9c:CA is satised documents cannot !e !rough
to ta<e ins$ection of such documents at sit9d:5f CA is satised( on the !asis of ne= docu
o$$onent has to give a =ritten statement( t!e allo=ed.
8/10/2019 Conveyance & Deemed Conveyance of Land or Property
http://slidepdf.com/reader/full/conveyance-deemed-conveyance-of-land-or-property 25/37
PROCEDURE FOR HEARINGPROCEDURE FOR HEARING
9a:n recei$t of re$l# from $$onent0s( theA$$licant to $rove his contents and deal=ith o$$onents re$l#.
$$onent ma# le =ritten sa# on ne8tdate. o cross e8amination allo=ed.
9!: n recei$t of re$lies( CA ma# hear oralArguments of the $arties and close the$roceedings.
9c: *ithin + months after ma<ing suchenDuiries ( verif#ing the authenticit# ofdocuments and giving sucient hearing as$er la= of natural ?ustice to the $arties($ass such order as he deems t.
8/10/2019 Conveyance & Deemed Conveyance of Land or Property
http://slidepdf.com/reader/full/conveyance-deemed-conveyance-of-land-or-property 26/37
JUDGEMENT, ORDER & JUDGEMENT, ORDER &CERTIFICATECERTIFICATE
SPEAKING ORDER ANDCERTIFICATE THAT THE
APPLICANT CASE IS A FIT CASEON GETTING UNILATERALCONVEYANCE to be issued by
the Competent Authority
8/10/2019 Conveyance & Deemed Conveyance of Land or Property
http://slidepdf.com/reader/full/conveyance-deemed-conveyance-of-land-or-property 27/37
REGISTRATION OF
DEEMED CONVEYANCE• Pre$are -eemed Conve#ance
deed
• "end it for ad?udication @ "tam$-ut#
• odge for Registration =ith "u!Registrar
• "u! Registrar to issue "ho=Cause otice to 'uilder
8/10/2019 Conveyance & Deemed Conveyance of Land or Property
http://slidepdf.com/reader/full/conveyance-deemed-conveyance-of-land-or-property 28/37
STAMP DUTY WAS PAYABLE AFTER 1958
WHERE YOU COULD PAY…..
A HE 57EF
A;REE7EAs $er the
Article )9h:Bon Rs.)0B
"tam$ 0 "tam$
Pa$er
5f not then atthe 57E F
Possession or6nder the
Article 2) 9d: of ' " Act( 1/) at
the time of
C>EACE
8/10/2019 Conveyance & Deemed Conveyance of Land or Property
http://slidepdf.com/reader/full/conveyance-deemed-conveyance-of-land-or-property 29/37
STAMP DUTY PAYABLEUNDER BOMBAY STAMP ACT, 1958
AT THE
TIME OF AGREEMENT
AT THE TIMEOF
POSSESSION
AT THE TIME
OFCONVEYANCE
8/10/2019 Conveyance & Deemed Conveyance of Land or Property
http://slidepdf.com/reader/full/conveyance-deemed-conveyance-of-land-or-property 30/37
3ptional upto
10.18.95
24. Calculation Of Stamp Duty
Compulsory
after 10.18.95
)efore
0-:09:1;90
$fter
0-:09:1;90
$s per
$reement "alue
$s per M<t.Value to
e decided
As per
Mkt.Value
As perReady
Reckoner
8/10/2019 Conveyance & Deemed Conveyance of Land or Property
http://slidepdf.com/reader/full/conveyance-deemed-conveyance-of-land-or-property 31/37
4o. 5 / !tamp Duty 0& / Ltr. 4o. 59/0&/188-
Inspector eneral at 6eistration % !tamp
Ma*aras*tra !tate# Pune 3ffice# Pune.
(o# Date = 10/09/800&
(*e !uperintendent of !tamps# Mumai.
S-" /#$0 2 S& D-&0 n &h# D##'% 2 A*r##m#n&% ma'# prir & 1+15+1987
R#2#r#n!# -r /#&&#r N.BOM+76+6 '&'. 3+8+56
6eferrin to t*e points raised in t*e ao"e letter ,e e2plain as follo,s =
3n t*e !ale $reements e2ecuted efore 10/18/1;95# !tamp Duty applicale ,as as pert*e article 5* of )omay !tamp Duty $ct# 1;59 and not as per $rticle 85 of t*e $ct.
(*is is as per t*e >udment i"en y ?onorale Mumai ?i* Court in t*e case ofPadma 4air V/! Dy. Collector# !tamps % $d>udication and ot*ers.
If t*e !tate $reements e2ecuted efore 10/18/1;95 are sumitted under $rticle 1# t*eCollector of !tamps cannot i"e any remar< on suc* $reements under $rticle 8 C $% ).
Instead of issuin any order# under $rticle or $mnesty !c*eme you can issue a letterin follo,in format to concerned persons ,*o *a"e sumitted suc* Documents.
@7our !ale $reement Deed is e2ecuted efore 10/18/1;95. A& &h# &im# 2 #?#!-&in 2
0-r Sa# D##', &h# A*r##m#n& 2r %a# a% n& &r#a&#' a% a Par& Cn$#0an!# an'pr$i%in 2r !#!&in 2 %& '-&0 a% n& appi!a"# a& &ha& &im#. A% %-!h &h#A*r##m#n& i% !n%i'#r#' prp#r0 %&#' -n'#r &h# ar&i!# 7 (h). H#$#r i& m-%&"# n&#' &ha& h#n #$#r 0- pr!##' & pr!-r# &h# Cn$#0an!# 0- -' "#ia"# & pa0 &h# 2- S& D-&0 n &h# C-rr#n& Mar=#& a-# 2 0-r Prp#r&0 a%appi!a"# -n'#r &h# r-#%.
4n%p#!&r #n#ra 2 R#*i%&ra&in an' Cn&r#r 2 S&%
Ma*aras*tra !tate# Pune
8/10/2019 Conveyance & Deemed Conveyance of Land or Property
http://slidepdf.com/reader/full/conveyance-deemed-conveyance-of-land-or-property 32/37
A Few ACTS & RULES APPLICABLE A Few ACTS & RULES APPLICABLE
A RE4SRA4ON AC, 198 :RE4SRA4ON AC, 198 :
Fr r#*i%&ra&in 2 Cn$#0an!# '##'Fr r#*i%&ra&in 2 Cn$#0an!# '##'
A BOMBA SAMP AC, 1978 :BOMBA SAMP AC, 1978 :
2r S& D-&0 #ri2i!a&in an' !a!-a&in2r S& D-&0 #ri2i!a&in an' !a!-a&inA M.C.S. AC, 196;M.C.S. AC, 196;
-n'#r hi!h %!i#&0 i% r#*i%&#r#'-n'#r hi!h %!i#&0 i% r#*i%&#r#'
A 4NCOME A AC, 1961 :4NCOME A AC, 1961 : #ri20 a? /ia"ii&i#% 2 &h# #n'r #ri20 a? /ia"ii&i#% 2 &h# #n'r
A MAH. OWNERSH4P F/AS AC, 1963;MAH. OWNERSH4P F/AS AC, 1963;
-n'#r hi!h Fa&% ar# p-r!ha%#'-n'#r hi!h Fa&% ar# p-r!ha%#'
8/10/2019 Conveyance & Deemed Conveyance of Land or Property
http://slidepdf.com/reader/full/conveyance-deemed-conveyance-of-land-or-property 33/37
8/10/2019 Conveyance & Deemed Conveyance of Land or Property
http://slidepdf.com/reader/full/conveyance-deemed-conveyance-of-land-or-property 34/37
58) DEPARMENS 4NO/ED 2r58) DEPARMENS 4NO/ED 2r
CONEANCECONEANCE
A Ci&0 S-r$#0 O22i!# : 2r Prp#r&0 Car'Ci&0 S-r$#0 O22i!# : 2r Prp#r&0 Car'
A BMC : Fr Appr$#' PanBMC : Fr Appr$#' Pan
A C#!&r 2 S&% : Fr S& D-&0C#!&r 2 S&% : Fr S& D-&0
A S-" R#*i%&rar : Fr R#*i%&ra&in 2 Cp$S-" R#*i%&rar : Fr R#*i%&ra&in 2 Cp$
A A%%#%%m#n& D#p&: Fr Chan*# in &h# Prp. a?A%%#%%m#n& D#p&: Fr Chan*# in &h# Prp. a?
BiBi
A C#!&r 22i!# Fr N.A. Or'#rC#!&r 22i!# Fr N.A. Or'#rA R#$#n-# D#p& U/C r'#rR#$#n-# D#p& U/C r'#r
A Man0 mr# '#p& n !a%# & !a%# "a%i%Man0 mr# '#p& n !a%# & !a%# "a%i%
8/10/2019 Conveyance & Deemed Conveyance of Land or Property
http://slidepdf.com/reader/full/conveyance-deemed-conveyance-of-land-or-property 35/37
8/10/2019 Conveyance & Deemed Conveyance of Land or Property
http://slidepdf.com/reader/full/conveyance-deemed-conveyance-of-land-or-property 36/37
Shri. Ashok ChawanHon’ble Chief Minister of Maharashtra Releases
the book on !!M! C"#V!$A#C!
!*ri. !an>ay 4irupam#
!*ri. $s*o< C*a,an ?onle C*ief Minister of Ma*aras*tra#
C $ 6ames* Pra*u# C*airman M.!.B.$
8/10/2019 Conveyance & Deemed Conveyance of Land or Property
http://slidepdf.com/reader/full/conveyance-deemed-conveyance-of-land-or-property 37/37
MAHARASHRA SOC4E4ES WE/FARE ASSOC4A4ON
A+1, R.N.5, /aram C#n&#r, A"$# F#'#ra Ban=,
Opp. Raia0 S&a&in, An'h#ri (W#%&), M-m"ai 78
Presented )y =
CA. Ram#%h S Pra"h- C*airman M ! B$
Shri. Pra"ha=ar Ch-ri ?on. Consultant M!B$# N% 5658767 + 5658789
Recommended