Get the free Statement of Immovable Property and Proforma for Intimation Under Rule 18(4)

This document serves to declare the immovable property owned by government servants and to provide details related to transactions involving shares and securities as per CCS (Conduct) Rules, 1964.

How to fill out statement of immovable property

How to fill out statement of immovable property

1. Gather necessary documents: Obtain title deeds, tax receipts, and previous property statements.
2. Identify property details: Include the property's address, type, boundaries, and dimensions.
3. Describe ownership: State the names of the owners and their share, if applicable.
4. Fill out property valuation: Enter the estimated market value of the property.
5. Include purpose of statement: Specify why the statement is being made (e.g., tax purposes, legal requirement).
6. Review and sign: Double-check all information for accuracy and sign the document.

Who needs statement of immovable property?

1. Property owners who need to declare their assets for tax purposes.
2. Individuals applying for a loan or mortgage using their property as collateral.
3. Legal entities needing the statement for inheritance or estate planning.
4. Buyers and sellers involved in real estate transactions.
5. Government authorities requiring property documentation for regulatory compliance.

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What is statement of immovable property?

A statement of immovable property is a formal declaration that details all the immovable assets owned by an individual or entity, including land and buildings.

Who is required to file statement of immovable property?

Typically, government officials, employees in certain sectors, and individuals in positions of trust or authority are required to file a statement of immovable property.

How to fill out statement of immovable property?

To fill out a statement of immovable property, one must list all immovable assets owned, providing details such as location, size, nature of ownership, and any associated encumbrances.

What is the purpose of statement of immovable property?

The purpose of the statement of immovable property is to maintain transparency regarding an individual's or entity's assets, prevent corruption, and ensure accountability.

What information must be reported on statement of immovable property?

The statement must include information such as the description of the property, its location, approximate market value, ownership status, and any mortgages or liens affecting the property.