What is Mutation in property registration?
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What is Mutation in property registration?
Mutation is a transfer of ownership from an existing owner to the new owner when the property is transferred by way of gift deed, Will, inheritance, partition or when it is sold.
What is Mutation after registration?
Mutation is the change of title ownership from one person to another when the property is sold or transferred. Updation of revenue records should be applied in case the property has been bought through a registered Power of Attorney, as it transfers the ownership from the seller to the buyer.
Does Mutation mean ownership?
Definition: Mutation means transfer or change of title in the records of the local municipal body for the concerned property. Once it becomes a freehold property, the ownership title can be transferred or mutated. Mutation becomes essential for deciding the tax liability when the property ownership gets changed.
Can a property be sold without Mutation?
It is NOT MANDATORY to have the Mutation and Registered Deed in the name of Seller. If you do not have the time or money immediately at hand, you and other legal heirs can sell the property without any issues as there are no legal restrictions.
What are the two types of mutation?
There are a variety of types of mutations. Two major categories of mutations are germline mutations and somatic mutations. Germline mutations occur in gametes. These mutations are especially significant because they can be transmitted to offspring and every cell in the offspring will have the mutation.
What is the procedure of mutation?
Mutation is the recording of a transfer of title of a property from one person to another in the revenue records. The documentation procedure to be followed and the fee payable vary from State to State. >> Receipt of up-to-date property tax payment In case of Power of Attorney: >> Copy of Power of Attorney.
What should you do if a mutation is rejected?
In case any objection is received against the mutation, the matter is referred to the Revenue Assistant of the area. Any party aggrieved by an order of mutation may file an appeal before the Additional Collector (the Deputy Commissioner concerned) within 30 days of the order.
Where is mutation done?
The mutation is done by the local body such as KMC/ municipality /Panchayet that maintains the land records in a particular area. Mutation in Kolkata is done by KMC. Application for mutation must be submitted to the concerned office with relevant documents such as: Correctly filled property mutation application form.
What happens if a mutation of property is not done?
In case of Agricultural lands, mutation is must. Without mutation the land title will not pass to the new owner. In case of non-agricultural lands, failure to mutate does not take away your right in the sale deed. That is even though the mutation has not done, the purchaser’s title will not be affected.