Keerthi Regalia:
Keerthi Regalia majestically towers above the rest. With 18
floors of quality living space and a choice of 2BHK + Dtudy and 3 BHK homes, it
presents itself as the perfect city home with an amazing panoramic view. At
Keerthi Regalia, life blossoms in diverse ways making every day a pleasure to
stride through. Simply soak in the comforts of your home as it also connects
you to the rest of the city. Make life a breezy experience as you juggle work,
personal life, leisure and entertainment. Even you...
Project Name: Keerthi Regalia
Apartment Type: Multistorey Apartments
Area Range: 1220-1640 Sq.Ft
Price: 74 Lacs Onwards
Location: Sarjapur road, Bangalore
Bed Rooms: 2&3 bhk
Realty bites by S. Selvakumar
The documents are records of various transactions; it contain certain
terms, conditions, consideration amount, names of the parties to the
transactions, date of the transaction, the clear and complete description of
subject of transaction, so that it can be easily identified. For example sale
deed of a property contains the origin, flow of the title, and present status
the names of seller and purchaser, consideration amount, easement, and brief
description of the property with measurements, constructions, boundaries. They are permanent records, which are relied
on for generations. Such documents must be legible clear, readable free of
errors and should not create any doubts; disputes. They reflect the terms of
transaction for which both the parties have freely consented.
It is always advisable to prepare draft copies of the documents for
verification by both the parties, in case of agreements and
understandings. However the sale deed should
be in favour of purchaser. Hence the
vendor receives the consideration. He
has to safe guard the purchaser in trust on the property to be purchased. Any
additions, deletions, alterations in the draft copies should be discussed by
both the parties and another draft copy as agreed by both the parties.
This second draft copy has to be vetted by legal advisers to ensure that
it complies with legal, statutory requirements, there after only final deeds
have to be prepared. As for as possible, additions, alterations, cancellations
should be avoided.
But at times, some additions, alterations, cancellations are inevitable,
which are discovered at the time of executions. Any such alterations,
cancellations, additions have to be done before presenting the document for
registration. All such modifications should be authenticated by full signature
of all the parties to the documents. But signature of witness is not necessary
for such modifications. Only full signatures and not initials or short
signature should be insisted. For cancellations, the original words should be
neatly struck off it should be signed by parties to the document. Erasing fluid should not be used.
Registering authority records such additions, alterations, cancellations page
wise on the document itself. This validates the additions, alterations,
cancellation etc. Any modifications done after registration is not valid and
does not form a part of the document. More over document itself becomes
invalid. The copies of the registered documents are maintained at registering
offices and certified copies issued by such authorities also record on
certified copies the number of cancellations, additions and alterations
done before registration. They do not contain anything added deleted, modified
after registration. So proper care should be taken so that all modifications
are done before registration under the full signatures of all the parties to
the transactions. If anything has to be changed after registration a separate
rectification deed has to be executed.
Some documents may have blanks as the required information will be
available only at the time of execution.
Often date of executions is left
blank, until the date is finalised.
The details of demand drafts, cheques like number, name of Bank,
Branch are also left blank. All such blanks have to be filled up before
presenting the document for registration; and should be authenticated by all
the parties to the document or executor by full signatures.
Attestation means, witnessing the documents. Certain documents like will, agreements to sale, sale deed require attestation. The execution of the documents should be witnessed by two persons, who are majors, and of sound mind. Both the witnesses should affix their full signatures and should furnish their addresses. The attestation is not necessary in case of certain documents.
There are many people who cannot sign. The thumb impressions of such
people are taken for execution of documents instead of signatures left hand
thumb impressions (LTM) in case of males and Right Thumb Impressions (RTM) in
case of females have to be obtained on documents for execution. The brief
description “LTM or RTM of ---------------- has to be written immediately below
the thumb impression. As the persons who affix thumb impressions are
illiterate, who cannot read or write, the entire contents of the documents
should be read over and explained to them and a separate note to that effect
has to be annexed to the document preferably signed by an advocate.
The author is an advocate who
specializes in property laws. He can be reached on E-mail: editor@realestatereporter.net
Ph: 25526644 / 45.
For more info: http://www.bangalore5.com
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