Index II | Paper Referred | Paper Online | FAQs
Index II is an excerpt of property documentation.
A property document known as an Index II or Index 2 is made public in line with Section 55 of the Registration Act of 1908. This paper outlines the legal documentation and registration needed for the real estate transaction and additional documents required for record-keeping at the sub-registrar’s office (SRO).
All real estate transactions must be recorded with the government, whether it is a sale, an agreement to sell, a gift, a mutation, or a license. After completing everything, a new document known as the Index II or Index 2 document is generated. This document provides the information that was recorded officially from various official documents. It includes a list of all registered papers about the property recorded at the sub registrar’s office (SRO).
How does the Index II document surpass its predecessors?
- The entire amount of money is exchanged between a buyer, a seller, a tenant, and a landlord.
- information on, among other legal papers, a gift deed, a sale contract, and a sale deed.
- Details about the property as a whole, including the society, the unit number, the building number, the land size, the parking space, the survey number, and the terrace area.
- The current market price is indicated on the documentation.
- The size of the property’s land
- Schedules for registration and regulatory compliance
- This section should include the names of the parties who signed the agreement and their identities and addresses.
- This document will also include its unique registration number, assigned to any document the government legitimately provides in response to a request. This number is meant to facilitate understanding of the certification year, institution name, unique ID, and other relevant information.
- The name of the registrar’s office is charged with collecting registration and stamp duty fees. On this page, you can also find information on registration costs.
Where can I find the paper referred to as Index II?
The Index II or Index 2 property document attests that a real estate transaction has been recorded following the required procedures.
- This certificate validates the existence of the deeds on the official website, but it does not reveal the terms of the deeds.
- It may be used as proof and a summary of a property transaction’s registration.
- The legal document also provides evidence of the registration’s validity and execution.
- It may be used when requesting a loan in return for a mortgage on a property, selling or transferring property, or engaging in similar transactions. It also proves that the real estate has been completed and is ready for sale.
Where can I locate the Index II paper online?
Attached to the sale deed is either an Index II or an Index 2 document. On the second page of the deed, any information concerning the property and the sale that does not need to be kept secret is often provided. As evidence that a property’s legal registration was completed at an SRO, the government will provide a copy of the registration paperwork that has been authenticated. In certain states, including Maharashtra, it is now feasible to search for the Index II/2 document and get a certified copy using an online platform.
A Document Selected as an Example from Index II
This is an example of a document including an Index II. It contains all the non-confidential information that is crucial:
FAQs – As a series of questions and answers
Q: What is an Index II-designated property document exactly?
A. The Index II property document serves as evidence of the legal standing of the registered document that has been performed. This evidence may be located in the index of the property document.
Q: What procedures do I need to take to access my online Index II?
A. You will not be able to see your Index 2 document until you visit the applicable state’s website.
Q: What is the exact nature of a document known as an Index II?
A. Since the bulk of the information included in this paper is not deemed sensitive, the probability of it being abused is relatively minimal.