Restriction on immovable property transfers tied to prescribed area and value, with defect rectification and deemed non furnishing rule. The provision limits the prohibition on transfers to immovable property in specified areas and of prescribed value, and adds a mechanism whereby the ... Summary
Restriction on immovable property transfers tied to prescribed area and value, with defect rectification and deemed non furnishing rule.
The provision limits the prohibition on transfers to immovable property in specified areas and of prescribed value, and adds a mechanism whereby the appropriate authority may intimate defects in statements, allow rectification within fifteen days or a further period in its discretion, and declare the statement deemed never furnished if not rectified within that time.
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