Difference between Registration and Notary
Important Points
Registration Process –
In the Registration process, one copy of the document (eg. sale agreement, sale deed, gift deed, etc.) gets stored in the Government database with one unique number. For example, see the following image. By using such document numbers these documents can be cross-verified and downloaded from the Government Website.
Notarization Process –
On the other hand in the Process of Notarization, the authorized notary mentions the document details like party names, nature of the document, etc. in his Register with one unique number. In short, an authorized notary can perform certain legal formalities, especially to draw up or certify contracts, deeds, and other documents.
Authenticity –
Registered documents are more authentic as one copy gets saved in the government database and which could be strong proof of the transaction between the parties. In Notarization, only a short description of the document is maintained in the book of the Notary.
Compulsory vs Optional Registration –
There are certain documents for which the registration is compulsory e.g. Agreement for Sale, Deed of Assignment, Sale Deed, Power of Attorney authorizing a transfer of property, etc. Some documents can be either Registered or Notarized like Power of Attorney for Leave & License Agreement, Power of Attorney to represent in society matters, Will, Leave and License Agreement for 11 months, etc.
Conclusion –
Cross-verifying the authenticity of registered documents is easy compared to notarized documents.