How to Change Name in Property Tax?

Whenever there is a change of ownership of a property, the new owner must get the name changed in the property tax. Otherwise, the previous owner will be liable to pay the taxes legally since the corporation is not notified of the sale of the property. The buyers should give their utmost attention to this as property tax is also proof of the rightful ownership over the property.

The fear of lengthy procedures may be one of the reasons that buyers hesitate to change the name in the property tax. However, the process to get the name changed in property tax is very easy and does not take much time.

Continue reading to learn more about how you can change names in property tax.

Steps to Change Name in the Property Tax

As mentioned above, the process is very simple, provided that you have all the documents ready. Here is a list of documents that you will need to change the name in the property tax-

  • Receipt of the last tax paid on the property
  • An attested copy of the sale transaction deed that is in your name
  • NOC from the housing society
  • Duly filled application form along with your signature

The documents along with the application are needed to be submitted to the Commissioner of Revenue. After the documents and application are submitted and verified, the change will reflect in the records within 15 to 30 days.

Mutation of the Property

Apart from the change of name in the property tax, mutation of the property is also necessary for the seamless transfer of the title of ownership to the new owner. For this, the NOC of the premise may be needed. In the case of an inherited property, the previous owner’s original death certificate and an affidavit may also be needed.

The new owner of the property is also needed in the process to make sure that all the receipts such as electricity bill, water bill, etc. are transferred to his name apart from the property tax.

Conclusion

The buyers need to transfer the property tax to their name. Property tax can serve as proof of ownership of the property. Also, the previous owners will be liable to pay the taxes legally if the name in the property tax is not changed. There are various other receipts that the new owner should transfer in his/her name along with the mutation of the property tax for a seamless transfer of title of ownership to the premise.

FAQs
What are some of the common reasons for getting the name changed in the property tax?
Whenever there is a change of ownership of the property, the new owner must get his name updated in the official records.
Why is it necessary to change the name in property tax records?
The new owner needs to get the name updated in the official records to prove the ownership of the property. Also, if the name isn’t updated in the records, then the previous owner remains liable to pay the tax.
Which documents are required to get the name updated in the property tax records?
The list of documents required for getting the name updated in the official records is as below:
  • Receipt of the last tax paid on the property
  • An attested copy of the sale transaction deed that is in your name
  • NOC from the housing society
  • Duly filled application form along with your signature
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