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FORM Statement of Immovable Property Return For the Year 2016-17 as on 22. 05. 2017. 1. Name of the Officer in full Service to which the officer belongs 2. Present Post held Pay Date of Birth Name of District SubDivision Taluka and Village in which Property is situated Land Details of Property Housing Land Present Value If not is own name state in whose name held and his/her relationship to the Govt. Servant How acquired whether by purchase lease mortgage inheritance gift or otherwise with...

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How to fill out statement of immovable property

01

Step 1: Begin by gathering all necessary documents and information related to the immovable property.

02

Step 2: Start by providing the basic details of the property such as the address, size, and property type.

03

Step 3: Include information about the current ownership of the property, including the names of the owners and their percentage of ownership.

04

Step 4: Specify the purpose of the property, whether it is for personal use or investment.

05

Step 5: Provide details about any mortgages, liens, or encumbrances on the property.

06

Step 6: Include information about the property's value, either through an appraisal or an estimated market value.

07

Step 7: Describe any improvements or renovations made to the property, along with their associated costs.

08

Step 8: If the property generates income, provide details about the rental or lease agreements in place.

09

Step 9: Attach any supporting documents that validate the information provided, such as property deeds, lease agreements, or financial statements.

10

Step 10: Review the completed statement of immovable property for accuracy and completeness before submitting it.

Who needs statement of immovable property?

01

Individuals who own immovable properties need a statement of immovable property.

02

Real estate investors who own multiple properties may require a statement of immovable property for record-keeping and financial purposes.

03

Banks and financial institutions often ask for a statement of immovable property when considering loan applications secured by property.

04

Government agencies and tax authorities may require individuals to submit a statement of immovable property for tax assessment and verification purposes.

05

Legal professionals may need a statement of immovable property to support legal transactions, such as property transfers, estate planning, or divorce settlements.

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What is statement of immovable property?

The statement of immovable property is a document that lists all the details of a person's immovable assets, such as land, buildings, and other properties.

Who is required to file statement of immovable property?

Individuals who own immovable properties are required to file a statement of immovable property with the relevant authority.

How to fill out statement of immovable property?

The statement of immovable property can be filled out by providing all the necessary details of the immovable properties owned by an individual, including their location, size, and value.

What is the purpose of statement of immovable property?

The purpose of the statement of immovable property is to provide transparency and accountability regarding the assets owned by individuals.

What information must be reported on statement of immovable property?

The statement of immovable property must include details such as the location, size, and value of the immovable properties owned by an individual.

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