What is mutation of property & when and why is it required?

Property Handling
2016-08-03 07:57

Mutation is a process by which transfer / change of name takes place in the records of the Municipality office for the concerned property Mutation basically means rectification in the records of the municipal authorities replacing the name of the old owners of a property with that of the new owner. Mutation of property in the municipal/ revenue records is mainly for the purpose of payment of property taxes in the name of the new owner. Further, if the new owner intends to sell the property, it would be difficult for him to do so if the property does not stand mutated in his name.

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