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AFFIDAVIT OF OWNERSHIP AND UNDERTAKING TO PAY DIFFERENTIAL CONVERSION CHARGES (ANNEXURE R)

Affidavit-cum-undertaking declaring ownership of the concerned property and confirming the applicant’s commitment to pay any differential conversion charges payable to the competent authority in accordance with applicable rules.

Why This Form Is Important

  • It is a sworn legal declaration. The deponent affirms the contents on oath, and the verification block states that the contents are true and correct to the deponent's knowledge and belief and that nothing material has been concealed.
  • It records the deponent's ownership claim. The deponent declares to be the owner of the property at the stated address, which ties the other statements in the affidavit to one specific property.
  • It is a financial undertaking. The deponent agrees to pay the differential amount of conversion charges if the Government of India increases them, so any later rise in conversion charges is covered by the deponent's own written commitment.
  • It puts the deponent on record that the statements are true. The deponent affirms that the aforesaid statements are true and correct, which the verification block then repeats.