sale deed

The sale deed is the main document by which a seller transfers his right on the property to the purchaser, who then acquires absolute ownership of the property. It is also referred to as the conveyance deed. The buyer should ensure the title of the seller before the execution of the sale deed.

Why sale deed is required?

A sale deed is the most crucial document of your housing deal. It is the document that you need to provide as proof of ownership. Also, any pending impediments, such as property tax, water and electricity charges, and so on, needs to be paid in full before the sale deed is formatted.

How do you do a sale deed?

  1. A legal expert or an advocate drafts the Sale Deed.
  2. The buyer purchases the stamp paper in relation to the property value.
  3. The registration date is agreed upon by all parties.
  4. The registration fee is paid.
  5. The buyer, seller, and 2 witnesses arrive at the sub registrar’s office to register.

How sale deed is executed?

The deed is executed by all the parties and all pages of the deed are signed. The deed should be witnessed by at least two witnesses giving their full names, signatures, and addresses. The buyer should ensure the title of the seller is clear before the execution of the sale deed.

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