Property Mutation: When purchasing property, most people stop after completing the registration. But let us tell you that this is only half the process. Mutation is necessary to establish ownership in the eyes of the local government.
Mutation means name transfer. This ensures that your name is updated in official land or municipal records. Let’s understand the difference between mutation and registry. Mutation updates your name in the property records of the municipality or revenue department. This change lets government officials know who the new owner is and ensures that taxes, dues, or notices are sent to the right person.
Once your property is transferred, you can pay taxes in your name instead of the previous owner’s. This is important because tax returns serve as supporting evidence of ownership in future transactions or disputes. Registry legally establishes ownership, while mutation reflects it in government records. This provides official acknowledgment that the property now belongs to you, reducing the possibility of fraudulent claims or confusion.
Mutation ensures that your ownership is updated in all government records before selling or transferring the property. Banks, buyers, or municipal offices typically require a mutation certificate for loans or other necessary procedures.
In the case of inherited property, mutation helps to clearly divide ownership among the heirs. This prevents legal complications and prevents family disputes from arising. Mutation is not just about land records, it is also essential for transferring essential services like electricity, water, and gas to the new owner.
