A registry is, in fact, a document of title. It outlines the terms and conditions of a property sale and purchase agreement. It includes details such as the location and status of the property, witnesses to the transaction, and its entry in the revenue record. The registry serves as the legal foundation for the transfer of property from one person to another and is considered an authentic record of ownership transfer. Applicable taxes on the registry are also paid, after which the buyer gains legal ownership of the property. It clearly describes the complete status, location, and surrounding details of the property being sold or purchased.
Before intiqal (mutation), the registry must be completed to ensure a secure transfer of property. It precisely identifies the purchased property and helps in establishing possession of the land or asset acquired. In simple terms, the registry document covers the entire legal record of the property transaction.
Since the registry contains comprehensive details of the property, it holds greater importance than intiqal alone. Therefore, it is strongly advised to consult an expert property lawyer before entering into any property sale or purchase agreement.
For professional legal guidance, you may contact Asad Law Associates at 03016566633, 03332276633 or visit our offices in Islamabad, Rawalpindi, Lahore, Karachi, Hyderabad, Peshawar, Dera Ismail Khan, Quetta, Muzaffarabad, Mirpur, Faisalabad, Multan, Sahiwal, Sialkot, Gujranwala, Gujrat, and Sargodha.