Registration of Documents under the Transfer of Property Act
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Registration of Documents under the Transfer of Property Act
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About this listen
Under the Transfer of Property Act, registration of documents holds paramount importance in ensuring the validity and enforceability of property transactions. Section 17 of the Act mandates the registration of various instruments such as sales deeds, mortgages, leases, and gifts concerning immovable property. Registration provides legal sanctity, serving as evidence of the transaction and preventing fraudulent claims. It also facilitates public notice, thereby protecting the interests of parties involved. Failure to register such documents can render them void against subsequent bona fide purchasers, emphasizing the significance of compliance with registration requirements.
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In the spirit of reconciliation, Audible acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.