If you`re a resident of Bangalore and you`re planning to buy or sell a property, then you`ll need to register a sale agreement. In this article, we will give you a step-by-step guide on how to register your sale agreement in Bangalore.

Step 1: Draft the sale agreement

The first step to register your sale agreement is to draft it. You can either hire a lawyer or draft it yourself. Make sure that it includes all the relevant details such as the property details, the sale price, the payment plan, etc.

Step 2: Stamp duty payment

The next step is to pay the stamp duty. You can pay it online or visit the nearest sub-registrar office to pay it. The stamp duty is calculated on the sale price of the property and varies from state to state.

Step 3: Online Registration

In Bangalore, sale agreement registrations are done online. You can register your sale agreement by visiting the official website of the Karnataka Stamps and Registration department. After filling in the required details, you can schedule a date and time for the registration.

Step 4: Biometric verification

On the day of registration, you`ll need to bring the original sale agreement along with your ID proof. The sub-registrar will verify your identity through biometric verification.

Step 5: Signatures and thumbprints

After verifying your identity, both the buyer and seller will need to sign the sale agreement. The sub-registrar will also take your thumbprints.

Step 6: Payment of fees

Once the sale agreement is registered, you`ll need to pay the registration fees. The fees are calculated based on the sale price of the property and vary from state to state.

Step 7: Collect the registration certificate

After paying the fees, the sub-registrar will issue a registration certificate. Make sure to collect the certificate as it serves as proof of the sale agreement registration.

Conclusion

Registering a sale agreement in Bangalore can be a daunting task, but following these steps will make it easier for you. Make sure to have all the necessary documents and information before registering your sale agreement. Remember to pay the stamp duty, registration fees, and collect the registration certificate.