TN government all set to prevent land grabbing
Chennai- Year 2012 has witnessed many incidents of land grabbing in Tamil Nadu. Thus from December 2012, documents relating to power of attorney and sale agreement of property has been made compulsory in the state.
These documents would help in preventing land grabbing case and bogus registration in Tamil Nadu. Even President has given his consent regarding the amendment to Tamil Nadu Government. The main reason behind these frauds is that registration of documents of power of attorney, sale agreements and agreements relating to deposit of title deeds is optional.
Certain provisions of the Registration Act, 1908 were amended by government in May 2012 to prevent misuse of these documents. With assent of President, this amendment will be enacted as Tamil Nadu Act 29 of 2012.
According to this amendment it is mandatory to register the documents relating to power of attorney, sale agreement, agreement relating to deposit of title deeds and construction agreement as provided under Article 5 (i) of the Indian Stamp Act, 1899. The documents of Power of Attorney have to be registered with the jurisdictional Sub-Registrar, where the property is located.
Besides this it is also compulsory to fix pictures of the agent and the witnesses in the documents of power of attorney along with the signature of the agent.
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[...] TN government all set to prevent land grabbing [...]
[...] get approval from the central government. And in such a scenario, private builders have taken to land grabbing in this [...]