Buying a house is an auspicious and quite exciting event. Given all the struggle that goes in, once you have It under your name, that feeling is ecstatic. However, with a new house under your name, there are several new responsibilities that come your way, and it is better if you understand them instead of just trying your luck every time. Any inconsistency in the legal department can quickly change the ecstatic feeling into discomfort given the strictness of the bureaucratic setup of India. There is no denying that buying a property is a tiring process, but it gets even harder when you add the piles of paperwork associated with it.
Thinking about how to change the name in property tax online? While this is a common query posted by several people across online and offline channels, you should rest assured that it is quite a simple process. Many people get flustered or anxious at this prospect owing to wrongful perceptions. However, you should not procrastinate or put it off any longer. The procedure will pass through seamlessly in case you possess all the vital documents that are needed. A majority of home buyers focus only on obtaining the registered sale deed as proof of property ownership.
However, property tax documentation is often missed out by home buyers. Yet, you should always be aware that updating official records of the municipal corporation is really essential and should not be missed out on. This is essential for both sellers and buyers of any property. Until and unless the new property buyer gets the name changed in official tax records for property, old receipts of taxes will be generated in the name of the previous buyer. From a legal perspective, the previous buyer will have the liability to pay these dues since they will not have informed the municipal authorities about the transaction. Buyers should also make sure that all receipts which include water, electricity, and property tax bills should be in their names instead of the earlier owner.
How to change name in property tax online?
It is not prudent to keep postponing an important property tax name change if it is required. Does the property tax bill still have the name of the earlier owner of the property or the developer? You should then get the same changed right away. The procedure may appear a little complex and exhausting although if you have all the documents that are required, getting the name changed will be a breeze.
This is the procedure that you need to follow if you are wondering about how to change name in property tax records. Prior to applying for any change in the name on property tax bills, you should ensure that you have all vital documents in place. These include the following:
- Receipts of taxes that have been paid last.
- NOC (no objection certificate) from the housing society.
- Attested copy of the sale deed or deed of sale transaction that is in your name.
- Filled up application form along with your signature.
The documents and the application form for the name change should be submitted to the Commissioner of Revenue. This is answer to your query for how to change name in property tax records. The application will be verified upon submission and the name change in the property tax records will attain approval within a period of 15-30 days on an average.
Property Mutation- Some basics that you should know
Apart from knowing how to change the name in property tax online, you should also focus on mutation for any property. This procedure enables owners of the property to seamlessly change ownership of the title post buying the property or inheriting any property. The No Outstanding Certificate for the property may be needed before applying for mutation of the same. If the property has been inherited, the original death certificate (in case of death of the property owner) and the affidavit will also be needed. The filled up mutation form can be submitted with all necessary documents for changing the ownership of the title. The property mutation procedure will help municipal authorities update the records of property taxes to reflect the name of the rightful owner and issue suitable documents of taxation accordingly.
Approval process
Firstly you should know that the government lives up to its reputation when it comes to house tax documentation. The whole process of approval is rather simple and straightforward, and with the right steps can be quite quick as well. You should start by gathering a copy of the following documents to initiate the property name transfer procedure.
- A receipt of the last time the tax was paid.
- A properly filled application for tax name change form with the right signatures
- An attested copy of the deed denoting the sale transaction
- A No objection Certificate signed by the relevant housing society
With these four documents ready, you are all set to get your name correction in property documents. You have to submit these documents to the Commissioner of Revenue and wait until it has been approved. The verification process usually takes 15 days to a month.
Property Tax Record Name Change- After Owner’s Death
With the value of real estate assets increasing every day, it has become very important for legal heirs to file a ptin name change once the registered owner has passed away. While the legal formalities for how to change the name of property that you are buying and inheriting remain relatively similar, there are a few subtle differences that you should keep in mind. These formalities mainly differ based on your rights over it, the nature of the inheritance, and how many legal heirs it has. If you are in a similar situation and wondering how to change property owner name, keep reading this article.
Title Transfer
To start with the transfer process, you will need to gather all legal documents that prove your claim to the inheritance and your rights. The overall process is considerably simpler if there is a will to write. A will is essentially legal to prove with the wishes of the deceased, stating how the property will be divided. Executors need to consult this will and administer the property. However, legal heirs are allowed to challenge the will if it contradicts the law. For example, the deceased can only pass down a particular property through a will if it was self-acquired and not inherited. If it is an inherited property, the law of succession comes to play, which can further complicate the whole process.
More often than not, in cases of untimely death or other unforeseeable causes, there are no wills present. This kind of situation can further lead to certain complexities in the process of how to change property name. The whole task becomes a whole lot easier if the legal heirs consult among themselves and divide the shares equally. This distribution can be as basic as a writing of the settlement, which should then be registered, and the shares will be divided accordingly. However, that is not always the case, in which case the law of succession comes into play.
Documents needed
Some of the documents you need for the same are further mentioned here. Once the rights, shares, and liabilities of the beneficiaries are decided, you need to change the house number to name. For the same, you are required to apply for a property transfer with the sub-registrar’s office. Usually, you need a property ownership document and the will with a probate succession certificate or probate in the case of an owner’s death.
In case no will has been generated, you have to prepare an affidavit, in addition to a NOC (no objection certificate) from all of the other legal heirs and/or their successors. If you have already paid the consideration fees to acquire the same shares, this should be mentioned in the transfer papers as well.
However, with this, only half of the process is complete; after that, you will need to register the documents in your name and apply for the mutation of the property title. This further helps keep a legal record of the transfer of the property Inland revenue records. This is mainly required to ensure that your name is mentioned for property taxes and when you need to apply any utility connection in the new owner’s name.
As mentioned above, mutation of a property record usually takes place in the relevant municipal authority office. The fees for the mutation and documents required usually differ from state to state.
While this information should help you simplify the process of changing your property tax name, it can sometimes be quite cumbersome for a first-timer. There are many services that provide not only legal help but also assist you with the rest of the procedure so that you do not have to do it all along. Hiring professional and legal help significantly quickens the process and saves you a lot of money as well. Further mentioned below are some frequently asked questions that you can go through to quickly learn about the basics of how do you change names on house deeds.
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There are some basic steps that you require for an online property tax name change. Along with the necessary documents (mentioned in the article above), you also have to indulge in property mutation. This will allow you to transfer the property to your name.
With the right steps and documents, changing your taxpayer name is a rather easy task. All you have to do is inform the IRS about the EIN number change name via an attested notification. However, you must remember if you are changing your name right after an annual tax return, you usually do not have to file for a new EIN; you can simply submit the name change.
If you are wondering how to change the name on property tax online, there is a simple, straightforward way to do that. You have to start by visiting the official online portal, http://www.mcg.gov.in/ Here you will find all the necessary options, including one labelled ‘correction in property ownership.’ Clicking on that will take you to a link, where you have to press the search button and enter the relevant information, like the property ID, mobile number, owner name, and other similar things. Here you can apply for a change in property name as well as check the property tax name change status.
The process mentioned above is the same one you can use for changing your name on property tax documents online. However, since Haryana has a different jurisdiction, some basic facts like the official website and navigating through the website might be different. Once you have reached the official website, you have to fill out the application form for property mutation with the relevant details. With that, the process is complete, and all you have to do now is wait for the application to be catered to by the official organization.
With the relevant details, mainly receipts of already paid taxes, a NOC from the said housing complex, the attested copy of the deed of sale in your name, and a filled-up application found online with a present signature; this process is simple. There are official websites you can find on the internet that give you in-depth steps about the process.