Get the free statement of movable, immovable properties & liabilities

KENDRIYA VIDYALAYA SANGATHAN, REGIONAL OFFICE, CHENNAI STATEMENT OF MOVABLE, IMMOVABLE PROPERTIES & LIABILITIESName of the Candidate :___Post Appointed:___Date of joining at KV:___, Name of KV: ___STATEMENT

How to fill out statement of movable immovable

How to fill out statement of movable immovable

1. To fill out a statement of movable and immovable property:
2. Start by including your personal information such as your name, address, and contact details.
3. Specify the purpose of the statement and include any relevant case or reference numbers.
4. Provide a detailed list of your movable property including items such as vehicles, bank accounts, investments, and valuable possessions. Include their descriptions, approximate values, and locations if applicable.
5. Similarly, provide a detailed list of your immovable property including real estate properties such as land, houses, or commercial buildings. Include their descriptions, approximate values, and locations.
6. If you have any loans or mortgages related to the movable or immovable property, provide details of those as well.
7. At the end, sign and date the statement to validate it.
8. Keep a copy of the statement for your own records and submit the original as required by the relevant authority.

Who needs statement of movable immovable?

1. A statement of movable and immovable property is usually required by individuals or organizations in various circumstances:
2. - Government agencies or legal authorities may require it as part of an investigation or legal proceedings.
3. - Financial institutions may request it when applying for loans or mortgages.
4. - Some employers may ask for it as part of the hiring process for positions involving financial responsibilities.
5. - It may be necessary for tax purposes or during audits conducted by tax authorities.
6. - Individuals involved in estate planning or creating a will may need to prepare such a statement to document their assets.
7. - It can also be required when buying or selling properties to establish the ownership and value of the assets.

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What is statement of movable immovable?

A statement of movable immovable is a legal document that lists an individual's or entity's possessions and property, categorizing them into movable and immovable assets.

Who is required to file statement of movable immovable?

Typically, individuals in certain professions, public officials, and entities that hold substantial assets are required to file a statement of movable immovable, as mandated by law.

How to fill out statement of movable immovable?

To fill out a statement of movable immovable, provide personal information, list all movable and immovable assets along with their estimated values, and sign the document as required by applicable laws.

What is the purpose of statement of movable immovable?

The purpose of the statement of movable immovable is to promote transparency and accountability regarding the assets held by individuals or entities, often for legal or taxation purposes.

What information must be reported on statement of movable immovable?

The statement must report details such as the types of assets (movable and immovable), their locations, estimated values, and any relevant ownership details.