What is mutation (Also known as ‘Dakhil Kharij’) of property and why it’s important?

There have been times while selling your property, the imminent buyer would have requested a duplicate of the most recent transformation. Many people do not know the significance of the document consequently, give us a chance to begin with what mutation is?

Mutation is the change of title possession starting with one individual then onto the next when the property is sold or exchanged. By changing a property, the new proprietor gets the property recorded on his name in the area income division and the legislature has the capacity charge property charge from the legitimate proprietor. The documentation technique and the expense payable shift from state to state.

Mutation is also known as ‘Dakhil Kharij’, mutation of a property should ideally be taken every six months from the revenue office in order to check for any wrongful transaction on the property. In case of inheritance after the death of the owner, the property should be mutated by submitting copies of Death Certificate and relationship documents.

Following documents are required for mutation:

  • Copy of Sale Deed
  • Affidavit on stamp paper of requisite value
  • Receipt of up-to-date property tax payment
  • Indemnity bond on stamp paper of requisite value
  • Application for mutation with court fee stamp affixed on it

Documents required for mutation in case of inheritance or Will are:

  • Death Certificate
  • Indemnity bond on stamp paper of requisite value
  • Copy of Will or Succession Certificate
  • Affidavit on stamp paper of requisite value attested by a Notary
  • Copy of Power of Attorney.
  • Copy of Will
  • Receipt of up-to-date property tax payment in case of Power of Attorney
  • Receipt for payment registered with a sub-registrar
  • Application for mutation with court fee stamp affixed on it