Registering of a property needs to be carried out in cases of sale, transfer, lease, or any other way in which the property is disposed of. This is mandated under section 17 of the Indian registration act, 1908.
When one purchases a property, its registration and the documents of sale and purchase are of utmost importance. All transactions involving the sale of the property must be above Rs 100 in order to be registered.
When apartment owners decide to form an apartment owners association (AOA), they do so for the protection of their proprietary rights and the administration of their newly received building property.
