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FORM I STATEMENT OF IMMOVABLE PROPERTY FOR THE YEAR ENDING 2011 (POSITION AS ON 31.12.2011) Name of Officer (In Full) : SUBORN KUMAR TRIPOLI Service to which the officer belongs : BRED Present post

How to fill out statement of immovable property

How to fill out statement of immovable property:

1. Gather all relevant documents such as property deeds, ownership certificates, and any other supporting documentation.
2. Start by filling out the basic information section of the statement, which includes your name, contact information, and the address of the immovable property in question.
3. Provide details about the property, such as its size, construction date, and any improvements or renovations made.
4. Indicate the current status of the property, whether it is owned solely by you or jointly with others.
5. If the property is mortgaged or encumbered in any way, disclose the details of the loan or any other financial obligations.
6. Include information about any rental income, if applicable, including the monthly rent received and the name of the tenant(s).
7. If there are any disputes or legal issues related to the property, provide a brief summary of the situation.
8. Finally, sign and date the statement of immovable property to certify its accuracy.

Who needs statement of immovable property:

1. Individuals who own immovable properties and need to declare them for legal or tax purposes.
2. Banks and financial institutions that require such statements as part of their loan application or assessment process.
3. Governments and regulatory bodies that may request these statements for statistical or administrative purposes, such as property tax assessments or land management activities.

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What is statement of immovable property?

A statement of immovable property is a formal declaration that provides details about a person's real estate assets, including land and buildings owned.

Who is required to file statement of immovable property?

Typically, individuals in specific professions, such as government officials, judges, and certain public servants, are required to file a statement of immovable property to ensure transparency and accountability.

How to fill out statement of immovable property?

To fill out a statement of immovable property, individuals should list all their properties, including details such as the location, type of property, ownership status, and estimated value.

What is the purpose of statement of immovable property?

The purpose of a statement of immovable property is to prevent corruption by promoting transparency regarding the assets of public officials and ensuring their financial interests are disclosed.

What information must be reported on statement of immovable property?

The information that must be reported includes the description of the property, its address, ownership details, acquisition date, and estimated market value.