All registered agreements are not valid and at the same time all unregistered agreements pertaining to immovable property such as a land or building is not invalid. There are two key factors to be considered which is 1. Title Owner 2. Possession Holder of the immovable property. Conveying just possession does not need registered agreement but at the same time conveying title has to be mandatorily registered if the value of the property exceeds Rs. 100/-. Lifelines of an agreement: 1. Consent of the Parties 2. Consideration 3. Lawful Objective 4. Competency of the parties 5. Registered or unregistered
