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Immediate ownership by a number of folks/entities as owners / joint homeowners (with or without having an express settlement in between co-entrepreneurs about the manner of utilization and devolution with the asset).
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The Act also gives to the establishment of registration offices as well as the appointment of registrars to oversee the registration system.
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The Indian Stamp Act governs the payment of stamp obligation on different documents, which include property transactions. Stamp duty can be a state subject matter, as well as the premiums might vary from condition to point out.
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