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Home Loan Archive | Mutation Certificate : A Guide for Property Buyers and Sellers
April 04, 2023
When the ownership of property changes, it is critical that the new owner updates the municipal authorities’ revenue records so that property tax can be levied against them. Mutation refers to the process of recording a change in ownership in the municipal authorities’ revenue records. In Hindi, the mutation is known as ‘Dakhil Kharji’ and ‘Intekal’. A mutation certificate is required when a new owner applies for a water or electricity connection.
Understand everything about the mutation certificate of land or property with this blog.
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ToggleA mutation certificate is a crucial document when applying for a water or electricity connection. Its importance is explained below.
Municipalities in your area keep land records, and it is up to you to get the mutation of your land or property done there. While you could begin the process of mutation certificate online, because several states have launched services in this area, you would eventually have to appear in person at the municipal office to complete the task. The application process for a mutation certificate varies depending on the state.
For instance, landowners in Bihar can get the mutation certificate of the land done online. States like West Bengal have announced plans to digitise the entire process, but the work is still far from completion.
It is necessary for applicants to gather the documents required before visiting the office to get the mutation certificate. The following documents must be produced.
There are two types of mutation certificates. These are explained below.
In the case of agricultural lands, mutation is required. The land title can only be transferred to the new owner if a mutation certificate is presented. If the government buys the land, the compensation is only given to those whose names are on the land revenue records.
Non-agricultural lands, such as flats and residential plots, are not affected by not mutating the property. He or she will remain the property’s owner. However, it will prevent them from receiving electricity and water connections and paying municipal taxes.
The fee for mutation, known as a one-time duty, ranges between INR 25 and INR 100. While some states charge a nominal fee for mutation certificates of land and property, others charge a percentage of the property’s value. The fee for a mutation certificate varies from state to state. For example, the West Bengal government recently waived mutation fees associated with property ownership through inheritance.
Mutation Certificate is not mandatory for home loans.
Some States allow applicants to apply for a mutation certificate online. Read our guide to know more.
Mutation refers to the process of recording a change in ownership in the municipal authorities' revenue records. In contrast, a sale deed or title deed is a document listing the sale between two parties.
Mutation announces that the new owner will pay the property tax from thereon. Is a Mutation Certificate mandatory for Home Loans?
Can I apply for a Mutation Certificate online?
How is Mutation different from Sale Deed or Title Deed?
How does Mutation affect property tax payment?
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