We had purchased a resale flat in May 1984 and the sale Agreement was done on Rs. 5/- stamp paper but registration of the Sale deed was not done.
Now in 2025 a builder wants to outright buy all members for redevelopment for self.
Deemed conveyance deed done in the year 2022.
Ques. How much Stamp duty and registration charges will we have to pay now so that our flat can be sold to the builder.
How much compensation must he give us for one bhk flat extra besides the market rate of the flat?
Sheila
Mumbai
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One thing that notary and stamp paper have in common is that they both give the documents legitimacy. Stamp paper ensures that the words printed on it are legitimate, and notaries safeguard clients from scams. I have shared more difference between notary and stamp paper for you below.
Notary vs Stamp Paper
A notary is a public official authorised to witness and certify the authenticity of signatures on documents, administer oaths, and perform other official acts. Whereas stamp paper is a type of paper that bears a pre-printed revenue stamp. It is used for executing legal documents and transactions.
Here's a breakdown of the differences between notary and stamp paper:
Notary |
Stamp Paper |
The notary's primary role is to prevent fraud and ensure that the individuals signing the document are who they claim to be and are signing willingly. |
Stamp paper serves as proof of payment of stamp duty, a tax paid to the government for the legal recognition of certain documents. |
The document is signed in the presence of the notary, who then affixes their signature, seal, and notary stamp to certify the document. |
Legal documents are drafted or printed on stamp paper of required value based on the transaction. The stamp duty value varies by state and type of document. |
Commonly used for affidavits, powers of attorney, property transactions, and other legal documents that require authentication. |
Commonly used for agreements, contracts, deeds, affidavits, and other legal documents that require payment of stamp duty. |
I hope you found this helpful.
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What is Notary Stamp India : Meaning
What is the Difference Between Notary and Stamp Paper?
Rijman
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2024-12-27T19:32:54+00:00 2024-12-28T09:33:09+00:00Comment
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