Professional Documents
Culture Documents
Conveyancing
Conveyancing
SALE
CAPACITY OF PARTIES-
- As per section 11 of the contract act, the seller must be a major, of sound mind, and
should not be disqualified from entering into the contract. (As mentioned in the section 7
of ToPA)
SALE DEED
1. This deed of sale executed at ____________ on 15th day of February, 2023, by and
between A, son of ________, Hindu/Mohamedein/Sikh/Christian/Jain/Budhhist/Parsi
residing at Flat no.______ hereinafter called the party of the I Part on one hand and B,
son of ______ Hindu/Mohamedein/Sikh/Christian/Jain/Budhhist/Parsi ____ residing at
_______ Flat no. ___ pincode____ hereinafter called the party of the II part, on the other
hand.
2. Whereas the party of the I Part is the absolute owner of the property, more fully
described in scheduled A, hereto, whereas the party of the II part is the absolute owner
of the property more fully described in Scheduled B, hereto. Whereas the parties have
agreed to exchange their respective properties for convenient enjoyment. The
consideration of price herein after agreed between the said parties will be paid by B to A
over and above the exchange as laid out above.
3. Now this deed of exchange witnesses that in consideration of the premises and in further
consideration of the party in the II part transferring his property more fully set out in
Schedule B hereto, by way of absolute sale to the party of the I part, the party of the I
part doth hereby transfer, convey and assign by way of absolute sale his property more
fully described in Schedule A, hereto.
4. Either of the parties have, this day, handed over the vacant position of the property so
described to the other.
Either of the party doth covenant with the other as under:
a. He is the sole and the absolute owner of the property, hereby conveyed under
this deed of exchange and he has indefeasible and unfettered right to convey
the same to the other.
b. The property hereby exchanged shall be entered upon peaceably and quietly
enjoyed by the other without any hindrance by him or by anyone claiming under
him.
c. The other shall collect the profits/rent/income from the said property.
d. He has not done anything by reason whereof the said property is encumbered
or charged or otherwise affected by title.
e. He shall keep the other indemnified against all claims, actions, proceedings,
damages and expenses whatsoever which the other may put to by reason of
any defect in title or any breach whatsoever.
f. He has handed over this day to the other party documents of title relating to the
said property.
g. He has no objections to the mutations being carried out in favor of the other in
respect of the said property, in all government revenue records, municipality
records and other records maintained by statutory bodies.
In witness whereof, the parties hereto have set their respective hands & seals on the day and
year above written and in the presence of witnesses.
Witnesses:
1. Sh ______, s/o_____,r/o Sd/-
2. Sh ______, s/o_____,r/o I Part
Sd/-
II Part
LEASE
Under Section 105 of the TOPA, a lease of an immovable property is a transfer of a right to
enjoy such property, made for a certain time, expressed or implied in consideration of price paid
to be rendered periodically or a share of crops etc. on specific occasions to the transferor by the
transferee.
Transferor is called lessor, transferee is called lessee. Price is called premium, whatever share
given is called rent.
A lease is not a mere contract but a transfer of interest in property and it creates a right in rem.
Essentials of lease:
1. 2 parties: lessor and lessee; Should be competent to contract
2. Subject matter of lease should be a certain immovable property which is capable of
being demised
3. Transfer of right to enjoy such property accompanied with requisite formalities
4. The period/term of lease must be sufficiently defined
5. Consideration (price paid/promised, share of crops or any other thing of value) to be
rendered periodically to the lessor by the lessee
This deed of lease made at ________ is 16th Day of February 2023 by an between A, S/o
_______, R/o _______ and B, S/o _______, R/o _______ is as under:
Whereas the lessor is the absolute owner of the property more fully described in Schedule A,
Whereas the lessee approached the lessor for the lease of the set property to the former,
In witness whereof the lessor and the lessee set their respective hands and seals on the day
and year first above written and in the presence of witnesses:
Witnesses:
1. Sh ______, s/o_____,r/o Sd/-
2. Sh ______, s/o_____,r/o Lessor
Sd/-
Lessee
Sale Deed
This deed of sale executed at ______ this day of February 2023 by Shri ____ s/o _____
____(religion)_______, residing at ______ hereinafter called the vendor to and in favor of
______ s/o ______ (religion) residing at ______ hereinafter called the purchaser, the terms
vendor and purchaser wherever the context so admits meaning and including their respective
heirs, executors, legal representatives and assignees, witnesses as follows:
Whereas the vendor is the absolute owner of the schedule mentioned property, he having
purchased the same under deed of sale dated ______ registered as ______ in the office of
Registrar of Assurances, the vendor being the sole heir to the said property.
Whereas the vendor has been in exclusive possession and enjoyment ever since then, and
whereas the purchaser has agreed to purchase the said property.
Now this deed of absolute sale witnesses that in consideration of the premises and in further
consideration of the sum of Rs. 1,00,00,000 (Rupees One Crore only) paid by the purchaser to
the vendor, by cheque number ____ dated ____ drawn on _____ and in favor of the vendor, at
the time of execution of this deed before the registering officer.
The receipt of which sum in manner aforesaid the vendor doth hereby acknowledge, grant
transfer, convey and assign as and by way of absolute sale unto the purchaser the premises
more particularly described in the Schedule hereto together with all right, title, estate, interest,
property claim and demand into and upon the scheduled mentioned property with all rights,
waters, water courses, ways, easements, advantages, privileges, opportunities belonging to or
reputed to belong to therewith or any part thereof to have and hold the same to the use of the
purchaser absolutely and forever free from all encumbrances, charges, litigation lis pendens,
attachment, right or demand of any kind whatsoever.
The vendor has this day delivered vacant possession of the property more fully described in the
Schedule hereto to the purchaser.
In witness whereof the vendor and the purchaser set their respective hands and seals on the
day and year first above written and in the presence of witnesses:
Witnesses:
1. Sh ______, s/o_____,r/o Sd/-
2. Sh ______, s/o_____,r/o Vendor
Sd/-
Purchaser