In this article, I will explain the below points for your reference. I will put all the content below one by one. Initially, I will put the definition of sale deed, sale deed formats, a sample sale deed pdf. I have included the sale deed formats for various states.
What is a sale deed? – Its Meaning
A sale deed acts as the main legal document for evidencing sale and transfer of ownership of property in favour of the buyer, from the seller.
What is a draft sale deed?
A draft Sale Deed, containing full details of the parties, advance amount paid, mode of balance amount payable, receipt of the balance amount by the seller, handing over the original documents of the property, handing over the possession of the property, handing over the authorization letter to transfer power and water meters, signing of the application for transfer of
Sale Deed Documents
These are the likely inclusions in a typical Draft Sale Deed:
a) Mode of Payment
b) Advance Payment
c) Details on transfer of original document
d) Details on transfer of possession
e) Details on transfer of Khata
f) Details on transfer of power and water meters authorization letter
Once the draft sale deed is prepared and signed in the presence of two witnesses, parties can go forward and create a Sale Deed.
Documents required for a Sale Deed
- Deed registration document or ‘Dalil’ and other relevant land documents.
- No Objection Certificate.
- Digital photograph of the property.
- Proof of ownership.
- payment of stamp duty proof.
- Proof of identity of any two witnesses.
- Identity proof.
- A map explaining the structure of the property.
Sale deed Procedure
Execution of sale deed. A sale deed is referred to as conveyance deed is the main document in a transaction of sale and purchase of the property. A sale deed acts as the main legal document that evidences the sale and transfer of ownership of property in favour of the buyer from the seller.
Sale Deed Format in english
Here I am going to provide you a sale deed format. You can copy and paste it in your ms office word document. Below is the Format.
Sale Deed Sample
THIS DEED OF SALE was made and executed at _____________on ________ day of _______________ month, ______________ years by: Sri.__________________ aged about _______ years, S/o._______________ residing at___________________________________hereinafter called the SELLER.
In favour of Sri. __________________ aged about _______ years, S/o._______________ residing at___________________________________hereinafter called the PURCHASER. The term SELLER and PURCHASER, unless repugnant to the context, shall mean and include their respective heirs, successors, executors, administrators, trustees, legal representatives and assigns WITNESSTH: WHEREAS the SELLER herein is the sole and absolute owner of immovable property being Flat / Apartment No.______ on the _______Floor of the building known as “________________”situated at _________________and bearing Corporation No.________, _________________Road, Division No._____, with a super built-up area of _____ sq.ft. together with _____% share of undivided interest in the land equivalent to _______ sq.ft. along with common areas and facilities including car parking lot in the basement, which Flat / Apartment is morefully described in the schedule hereunder and hereinafter called the Schedule. WHEREAS the SELLER of the Flat / Apartment, he having purchased the same from Sri.______________ in terms of Sale Deed dated _________duly registered as Document No._________ Book – I, Volume ________at Pages ________on date ________at the Office of the Sub-Registrar, _____________since then the SELLER has been in possession and enjoyment of the Schedule Flat / Apartment on getting the bifurcated khata from the Corporation of the City of ______________duly transferred in his name bearing No.________ vide Khata No._______________ dated ____________and on payment of taxes and levies thereon as sole and absolute owner thereof. WHEREAS the SELLER herein being desirous of selling the Schedule Flat / Apartment, offered the same to the Purchaser and the Purchaser has agreed to purchase the Schedule Flat / Apartment in terms of an oral agreement for a total sale consideration of Rs.___________ (Rupees _________________only) and the Purchaser in terms of the aforesaid oral agreement agreed to pay the entire sale consideration at the time of execution of the sale deed. IN CONSIDERATION of the Purchaser having paid the entire sale consideration of Rs._____________ (Rupees ______________________only) as aforesaid, the receipt of which has been duly acknowledged by the SELLER, who acquits the Purchaser from making any further payments towards sale consideration, the SELLER, as beneficial owner, DOES HEREBY GRANT, CONVEY, TRANSFER BY WAY OF SALE AND ASSIGN unto and in favour of the Purchaser the Schedule Flat / Apartment and every part thereof together with the right, title and interest therein, with all the benefits, advantages, concessions, licenses, hereditaments, easementary rights, equities, claims, demands etc., attached to belonging to and reputed to belong to the Schedule Flat / Apartment TO HOLD, TO POSSESS AND TO ENJOY the same for ever free from all encumbrances, subject to common rights of owners of remaining shares of undivided interest in the land and the Flat / Apartments attributable thereto. The SELLER hereby declares and covenants with the Purchaser that he is the sole and absolute owner of the Schedule Flat / Apartment and has a clear, legally valid and marketable title thereto and therefore an absolute right to sell and convey the same to the Purchaser in terms of this Deed. The SELLER further declares that he has not done any acts, deeds or things so as to curtail, restrict or prejudice his right to convey or prevent him from selling the Schedule Flat / Apartment in terms of this Deed. WHEREAS the Purchaser having now paid the entire sale consideration as detailed below, has requested the SELLER to execute the Sale Deed in his favour and the SELLER has duly agreed thereto, NOW THEREFORE THIS DEED OF ABSOLUTE SALE WITNESSETH AS HEREUNDER: 1. The SELLER hereby confirms that the Purchaser has paid the entire sale consideration as under: (a) Amount paid by Cheque No._____________ Dated_____________ drawn on _____________________ Bank, Rs.__________ (b) Amount paid by Cheque No._____________ Dated_____________ drawn on _____________________ Bank, Rs.__________ Total Rs.__________ Rupees ________________________Only. The SELLER hereby further declares that the Schedule Flat / Apartment is free from all encumbrances, lien, charge, mortgage, lease, court or other attachments, lis-pendens, acquisition and requisition proceedings, minor’s claims or any other adverse proceedings or claims from third parties which are in any way detrimental to the interest of the Purchaser. The SELLER hereby assures the Purchaser that all taxes and levies on the Schedule Flat / Apartment have been paid up to date and arrears if any, till the date of the Sale Deed shall be duly paid by him and future taxes in respect of the Schedule Flat / Apartment shall be paid by the Purchaser. The SELLER hereby declares and covenants with the Purchaser that he shall do or cause to be done all acts, deeds and things which are legally and reasonably required to be done at the instance of the Purchaser for morefully and perfectly assuring the right, title and interest of the Purchaser in the Schedule Flat / Apartment herein conveyed and the Purchaser shall bear such expenses. The SELLER hereby indemnifies and shall keep the Purchaser or his successorsin-title fully indemnified against any loss or liability, cost or claims, action or proceedings, if any should arise, at any time in future against him owing to any defect in or for want of clear and marketable title or due to any default, violation or non-compliance of any of the declarations or covenants herein. The Purchaser shall be the sole and absolute owner of the Schedule Flat / Apartment with attendant rights of ownership, possession, enjoyment and shall be entitled to deal with or dispose off the Schedule Flat / Apartment as he deems fit without any interference, obstruction or hindrance from the SELLER or anyone claiming under, through or in trust from him. The Stamp duty, Registration charges and other incidentals have been borne by the Purchaser. The SELLER has this day delivered the vacant possession of the Schedule Flat / Apartment to the Purchaser along with all the available original title deeds and documents which are in his possession pertaining to or relating to the Schedule Flat / Apartment. The Purchaser shall be bound to become Member of the Association of Apartment Owner’s and duly comply with the provisions of Karnataka Apartment Ownership Act, 1972 and the rules thereunder and shall abide by the bye-laws and majority decisions of the said Association to be formed and comply with other requirements of the aforesaid Act. SCHEDULE OF FLAT / APARTMENT (Conveyed under this deed) All that piece and parcel of immovable property being Flat / Apartment No.______, __________Floor of the building known as “_____________”, situated at and bearing Corporation No.___________, ___________Road, Division No.________, with a super built up area of ______sq.ft. together with _____% share of undivided interest in the land equivalent to ______sq.ft. along with common areas and facilities attributable thereto which area includes one car parking lot in the basement and the composite property is bounded by:
On the East: On the West: On the North: On the South:
Market Value property is Rs._____________ (Rupees ________________only) The Stamp duty is paid on the market value as computed above.
IN WITNESS WHEREOF the parties herein have affixed their respective signatures to this Sale deed at ______________on this _________ day of _________ month of _____________years in the presence of the witnesses: WITNESSES:
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Sale deed format in Hindi (विक्रय विलेख)
sale deed meaning in Hindi – बिक्री विलेख हिंदी में मतलब
एक बिक्री विलेख विक्रेता से खरीदार के पक्ष में संपत्ति के स्वामित्व की बिक्री और हस्तांतरण के लिए मुख्य कानूनी दस्तावेज के रूप में कार्य करता है। इसके अलावा, यह खरीदार द्वारा आगे की बिक्री के लिए मुख्य दस्तावेज के रूप में भी कार्य करता है क्योंकि यह संपत्ति के स्वामित्व के अपने प्रमाण को स्थापित करता है। इसे कन्वेक्शन डीड भी कहा जाता है।
sale deed meaning in Tamil – தமிழ்நாட்டில் விற்பனை விற்பனை
விற்பனையாளரின் விற்பனையாளரிடமிருந்து வாங்குபவருக்கு ஆதாரமாக விற்பனை மற்றும் சொத்துரிமைக்கான உரிமையை விற்பனை செய்வதற்கான முக்கிய சட்ட ஆவணமாக ஒரு விற்பனை செயல் செயல்படுகிறது. மேலும், வாங்குபவரால் மேலும் விற்பனைக்கான பிரதான ஆவணமாகவும் செயல்படுகிறது, இது சொத்துரிமைக்கான ஆதாரத்தை அவர் உறுதிப்படுத்துகிறது. இது வழிப்பாதை செயலாகவும் குறிப்பிடப்படுகிறது.