Sale Deed

A Sale Deed is a legal document that transfers ownership of property from the seller to the buyer, establishing the buyer’s rights to the property.

Key components of a Sale Deed include details of the buyer and seller, property description, sale consideration, payment terms, and signatures of both parties.

A Sale Deed finalizes the property transfer, whereas an Agreement to Sell is a preliminary contract outlining future sale terms.

Documents required include the original title deed, identity proofs of buyer and seller, property tax receipts, and NOC from the society or builder.

Yes, it is mandatory to register a Sale Deed with the sub-registrar to make it legally valid and enforceable.

The process involves drafting the deed, paying stamp duty and registration fees, and submitting the documents to the sub-registrar’s office for registration.

Stamp duty charges vary by state and are usually a percentage of the property’s market value.

Yes, a Sale Deed can be challenged in court if there are allegations of fraud, misrepresentation, or other legal issues.

The registration process typically takes a few days to a couple of weeks, depending on the sub-registrar’s office.

If a Sale Deed is not registered, the buyer’s ownership rights are not legally recognized, and the deed cannot be used as evidence in court.

Yes. The Transfer of Property Act necessitates that Sale Deed must be registered.

Registration fees for Sale Deed vary from state to state. Please refer to the chart given along with the pricing for a precise list.

An Agreement of Sale states the intent of the parties involved to engage in a sale transaction. A Sale Deed is a record of a sale that has happened. It is not necessary to register the Agreement of Sale but it is mandatory to register a Sale Deed.

You can get your Sale Deed reviewed by an expert property lawyer on the ezyLegal platform. Upload your document and schedule Consultation with an expert Lawyer.

After you purchase the Sale Deed Registration service from ezyLegal, your call will be scheduled with a Lawyer to discuss your specific requirements. The lawyer will draft your Sale Agreement and get the Sale Deed registered. 

You can collect the registered Sale Deed from the Registrar’s office after 3-5 days from the date of registration. EzyLegal can collect the Registered Sale Deed (original) and get it home delivered at additional charges.

Sale deed is a document but title deed is a concept

As soon as a sale deed is registered, it becomes a legal proof that the title of the property has been transferred in the name of the buyer. It is in this capacity that the sale deed becomes a title deed. That way, a sale deed is also a title deed.

Yes, you can cancel the agreement to sell as the purchaser has failed to comply with the terms and condition of the agreement.

A registered sale deed enables the transfer of property from one party to another. Via a property sale deed, ownership of a property can be transferred in exchange for consideration. A sale deed certificate, similar to the original sale deed, is the certificate that acts as a proof that the sale happened.

Modes of transfer of ownership of property areas follows:

• Mortgage
  Sale deed of land/immovable property
  Lease
  Gifting property
  Exchange

A conveyance deed is a legal document that is used to transfer the title of property from one person to another in the form of a gift, exchange, lease, mortgage, etc. Gift deeds, mortgage deeds, lease deeds and absolute sale deeds are all types of conveyances.

The sale deed procedure is as follows:

• A legal expert or an advocate drafts the Sale Deed.
  The person drafting it can also draft the sale deed online.
  The buyer pays the stamp duty according to the property value.
  An appointment is made at the Sub-Registrar’s Office for registration.
  Both parties, along with 2 witnesses, arrive at the appointed date to the Sub-Registrar’s Office.
  Registration fees are paid.
  Registration is complete.

Unlike a sale deed, by which even a gifted property can be sold, a transfer of property through will allows the transfer of property only after the death of the person executing the Will. A sale deed enables a buyer to become the owner of a property during the lifetime of the seller.

If you sell your undivided share of a jointly-owned property, the prospective buyer cannot take possession of any specific part of the land unless the same is partitioned. Nothing stops you from selling your share without a draft sale deed of immovable property but the buyer will have to file a suit for partition to get the possession.

Properties whose title cannot be transferred from one person to another are called non transferable properties. The general rule that governs the property transfer process via property sale deed draft is that property of any kind can be transferred from one person to another. If the value of a property increases upon being gifted, it can be calculated as the capital gains on gifted property

A sale deed is a contract between two parties through which ownership is transferred from one party to another in exchange for consideration.

Sale deeds are usually either in the regional language of the place they are drafted in, or in Hindi or English. A sale deed in Hindi can be used for the same purposes as a sale deed in any other language, such as a sale deed in Marathi.

It is not possible to do so through a sale deed of flat. For the purpose of transferring property after death, consider assigning the property to a legatee through a will.

A sale deed can be used for this purpose, as long as the transfer of property is in exchange for consideration. If there is no consideration, the property transfer from father to son must be performed through a gift deed.

As long as the source that you are drafting the sale deed online through is safe and reliable, the drafting a sale deed online is not an issue at all. ezyLegal’s team of verified lawyers can help you draft a sale deed online without any issues regarding safety or privacy.

The sale of property without the original sale deed is a complicated process. If you have lost the original sale deed due to someone else’s criminal actions, file a police complaint regarding the same. You will also have to write an undertaking on stamp paper. The Sub-Registrar’s Office is empowered to issue a duplicate of the original sale deed that can be treated as the original sale deed. After this, you can sell your property.

Seller is a person who has current ownership of the property and is willing to sell his property for a price.

Witness is a person who signs on the sales deed acknowledging to the fact that the buyer and seller have signed the sale deed in front of him.

A duty levied on the legal recognition of certain documents by the government.It is a kind of property tax which needs to be paid to the government while a property is being sold.It is calculated on the market value or the agreement value whichever is higher and stamp duty charges vary from state to state.

The registration fee is additional to the stamp duty charges. Registration fee needs to be paid by the buyer to get the property transferred and registered in your name. The fee is either 1% of the market value or the agreement value, whichever is higher, however, subject to a maximum amount of Rs. 30,000. This fee is different in different states.

The certified copy of the registered lease deed with the name of the buyer can be obtained from the registrar’s office which will act as a proof of registration.