If you are a Muslim and want to donate your property, you have two options: prepare a Heba deed or a Heba-bil-iwaz deed. But if you are a non-Muslim and want to donate your property to any of your specific family members, you have to prepare a declaration of donation deed. And like any other deed, there are certain fees associated with the declaration of donation deed. In this article, we will discuss everything from the registration fee of declaration of donation to other important things.
Declaration of donation
The donor will donate the property completely unconditionally where the recipient will gain access to the ultimate powers over everything including the transfer and conversion of the property. Any sound of mind and non-minor can transfer their property through the registry at will.
There are different types of deeds and every deed including the declaration of donation deed includes five fundamental information-
- Detailed information about the property
- Proper information or identity of the seller or giver
- Proper information or identity of the buyer or receiver
- Proper information or identity of the witness
- A date denoting the completion of the deed
The process and effect
After preparing the deed, the donor must sign the documents and register the property with the recipient’s name. And immediately after paying the registration fee of declaration of donation deed, the recipient will become the new owner of the property and the donor and their inheritors will lose all the power over the property. However, you can only transfer the property to your siblings, father/mother, son/daughter, husband/wife, grandparents, and grandchildren through a declaration of donation deed.
Registration fee of declaration of donation
Like we mentioned before, every type of deed has some fees associated with it. During the registration process of declaration of donation deed, you have to pay stamp duty in addition to the registration fee. Here is how much you have to pay during the registration-
Registration fee: BDT 100
Stamp duty: BDT 200
The other important things
In addition to the fees, taxes, and duties mentioned above, the following charges and fees are mandatory for each document:
- Affidavit on a stamp will cost BDT 200
- E-fee: BDT 100 will be applicable
- N-fee
- In Bengal, for every 300 words, one page or part of it will cost BDT 16
- In English, for every 300 words, one page or part of it will cost BDT 24
- (Remuneration of counterfeiters) NN Fees: –
- For every 300 words in Bengali, one page or part of it will cost BDT 24
- For every 300 words in English, one page or part of it will cost BDT 36
- A court fee of BDT 10 per application for transfer of property will be applicable
All in all, these are the things that you need to know about all the additional charges and the registration fee of declaration of donation deed. Declaration of donation can become one of the most important documents when it comes to validating the authenticity of a property’s ownership. So knowing the details will definitely help you have a clearer understanding.
