Registering Your Property

Everyone owns something, whether it is a house, a car or a piece of land, we all agree it is ours, but to be sure others know it is ours it is required that we register our property and on time. Registration should be a top priority for individuals as it proves that the property belongs to them, which means they have the right to sell it should that becomes necessary, A property sale cannot be regarded as valid unless the sale was stamped and registered. In order to register ones property, property owners need to have the proper documentation as proof, that whatever it is that they are selling indeed belongs to them. Registration can be done both online and manually.
To register the property online, the first thing to do is to choose a company to register the property with, a picture of the property should be taken and uploaded online to the company’s website, after which it will be required that a profile be created and documents submitted online, if all instructions are followed then the property should be duly registered in one’s name. Not many people have adapted well to change, so they still prefer to register their property manually, the first step in registering one property manually is to have the proper documentation that the property being registered belongs to them, property owners also need to ensure that the company they are registering the property with is license to do so ,documents being submitted should have a stamping requisition form. In transfer of ownership an attorney should be present as a witness when the no agent house sales is being transferred.
Tax and duty have to be paid at the tax office, this money can be paid using cash or cheque, once payment is made the property transfer is complete, the property new ownership should be known by the proper authority, when there are no mortgages attached the registration can take as little 48 hours. the registration process varies worldwide but there are a few things that is common regardless of the country in which an individual lives, there are assumptions about the buyer and the seller this includes Limited liabilities and commercial activities the assumption of the property is that the sale price equal it’s value it is fully owned by the party . Once a property is registered the proper authority publishes information about the property, this information may include but not limited to; the name of the property owner, the price the owner paid for the property as well as the plan of the property boundaries. In most instances a property owner cannot opt out of their property information being published. For more info about houses private sale, visit this website.