Land registration law to be amended

Land registration law to be amended

Registration of power of attorney and rent agreements will become mandatory if the Union Cabinet approves proposed amendments to the Registration Act.

The Centre plans to bring amendment to the century-old Registration Act to update land rates and ensure compulsory registration of power of attorney, a move to ensure better deal for sellers, particularly farmers.

The amendment is being brought to the Registration Act, 1908, to "update and record" the market value of the land in the changed scenario.

The cabinet is likely to take up the issue on Tuesday, sources said. Currently, lease agreement under one year is not mandatorily registered. This allows millions of tenants in cities to enter into 11-month long, renewable agreements with landlords. But a proposed amendment to the Act says, “Leases below one year but above a specified amount are compulsorily registerable.” However, the states will decide the floor amount for compulsory registration.

Among other proposed changes, even power of attorney will also be registered as the government aims to mop up more revenue through registration fees.

Though both amendment may burden public, officials says that this is a win-win situation for both tenant as well as owners of the property as it will prevent unnecessary legal disputes.

 Besides, the amended Registration Act will help bring clarity in determining market value of land, which will help authorities concerned to arrive at a more equitable value for the land during the process of acquisition, an official said.

The government is also introducing amendments to adoption clause to ensure gender equality. Now, the act requires the document for adoption of sons to be compulsorily registered. The new measure suggests that Section 17 (3) is to be amended to include daughters.

It also proposes to empower the sub-registrar officer to use the UID number to check and verify the identity of the persons appearing for the registration of the property.