What is Index 2 Document in property agreement and how can it be downloaded online?

Any property transaction including a sale, gift, or mutation must be registered with the government. In addition, an Index II or Index 2 property document is issued in accordance with Section 55 of the Registration Act of 1908. This legal paperwork, together with other vital documents for record-keeping at the sub-office, registrars specifies the registration of property transactions (SRO).

Each property transaction, including sale, agreement to sell, gift, mutation, and licence, must be recorded with the government. Once finished, a new document known as the Index II or Index 2 document is published with the contents of this official documentation recorded formally.

What information is contained in the Index II document?

• The amount of money exchanged between a buyer and a seller or a renter and a landlord.
• Data pertaining to a sale deed, a gift deed, and a sale agreement, among other things
• Complete property information, including society, unit identity, building number, geographical area, parking space, survey number, terrace area, and others.
• The market value shown in the documentation
• The property’s area
• Dates for certification and compliance
• The names of the parties executing the agreement, as well as their identities and addresses
• This document will also include its distinctive registration number, which is provided to every document legally issued by the government in response to a request, to assist in understanding the year of certification, institution title, special ID, and so on.

Where to use Index 2 Document?

• The Index II or Index 2 property document is utilized to certify that a property transaction is recorded in accordance with the required procedures.
• This is a certificate that does not expose any of the terms contained in the deeds but ensures their existence in the official portal.
• It can be used as proof and a summary of a property transaction’s registration.
• The legal document also represents the authenticity of registration execution.
• It may be utilised while looking for a loan in return for a property mortgage, selling or transferring property, and so on. It also demonstrates that the immovable property is complete and ready for sale.

How to obtain & Download Index 2 Online?

The sale deed is accompanied by an Index II or Index 2 document. It is often the second page of the deed that provides all non-confidential information about the property and the selling transaction. The government issues the certified copy as proof of the legal registration of a property finished at an SRO. Some states, such as Maharashtra, have made it possible to search the Index II/2 document online and get a certified copy.

Here’s a step-by-step process for downloading the Index 2 document online:

1. Visit the Official Website: Go to the official property registration website of your state (e.g., the Maharashtra Registration and Stamp Department).
2. Navigate to Services: Look for the section related to property registration services.
3. Select Index II/2 Option: Find and select the option to search or download the Index II/2 document.
4. Enter Details: Provide necessary details such as property registration number, date, and SRO office details.
5. Submit and Verify: Submit the information and verify your identity if required.
6. Download: Once verified, download the Index 2 document.

How to obtain Index 2 Offline

To obtain the Index 2 document offline, follow these steps to ensure a smooth process:

• Visit the Sub-Registrar Office: Go to the Sub-Registrar Office where the property is registered.
• Fill Out the Application Form: Request the application form for Index 2 and complete it with the required details.
• Submit Necessary Documents: Provide identification and relevant property documents for verification.
• Pay the Fee: Pay the applicable fee at the office counter.

Collect the Document: After processing, which might take a few days, collect the Index 2 document from the office.

Key takeaways from the Index 2 Document

• The Index II document provides information regarding property transactions such as buyer and seller information, property cost, and so on.
• The Index II paperwork proves that the property transfer was recorded.
• Some states make the Index II paper available online. Otherwise, it is often appended to the selling agreement.

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Disclaimer: The views expressed above are for informational purposes only based on industry reports and related news stories. PropertyPistol does not guarantee the accuracy, completeness, or reliability of the information and shall not be held responsible for any action taken based on the published information.