Obligation of transferor and transferee to give notice of transfer

(1) Whenever the title of any person primarily liable to payment of tax on any land or building or both is transferred, the person whose title is transferred shall within ninety days after the execution of the instrument of transfer or after its registered or after the transfer is effected, if no instrument be executed, give notice of such transfer to the Assessing Authority. (2) In the event of the death of any person primarily liable as aforesaid, the person to whom the title of the deceased is transferred as heir or otherwise, shall give notice of such transfer to the Assessing Authority within ninety days from the death of the deceased. (3) The notice to be given under this section shall be in such form as may be prescribed, and the transferee or the person to whom the title passes, as the case may be, shall, if so required, be bound to produce before the Assessing Authority any document evidencing such transfer or succession. (4) Every person who makes transfer as aforesaid, without giving such notice to the Assessing Authority shall, in addition to any other liability which he may incur through such neglect, continue to be liable for the: payment of the tax assessed on the land or building or both transferred, until he gives notice or until the transfer shall have been recorded in the register maintained by the Assessing Authority but nothing in this section shall be held to affect the liability of the transferee for the payment of the said tax.