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What is The Indian Registration Act, 1908?
The Indian Registration Act, 1908 governs mandatory registration of property transactions, wills, and certain financial agreements. It ensures transparency, legal ownership proof, and prevents fraud by maintaining official records.
- Compulsory Registration: Transactions over ₹100 must be recorded.
- Public Record: Provides verifiable ownership history.
- Fraud Prevention: Ensures authenticity and prevents duplication.
- Legal Disputes: Strengthens claims in court proceedings.
By formalizing property transfers and agreements, this Act safeguards transactions, protecting buyers and sellers from future disputes.
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