Sale Deed

It is executed for the transfer of ownership of property. It is

proof of ownership of the property. It must be registered in
the local sub-registrar office. It is made on non-judicial
stamp paper. The execution of deed takes place by affixing
either thumb impression or signatures of both the parties.
Each page of deed is signed by the parties.

Content
1) Type of deed
2) Name and address of the parties (Owner/Seller and
Buyer)
3) Description of the property - Complete address of
property, total area, type of property.

4) Sale terms and conditions –

a) Sale Consideration – when to be paid,
1} Advance payment should be specified,
2} mode of payment such as cheque /draft,
3} mode of handing over the payment (physical
delivery or through register post),
4} Failure to pay on time.
b) Agreement to sale proceeds to sale deed.

5) Passing the title- Time when the title of the property will
get transferred to the buyer. All the documents must to be
handed over to the buyer.

6) Indemnity- Title of the property is free from any charge

or encumbrances i.e. any other person does not have the
right in the said property. In case such situation arises, the
seller shall be made liable to indemnify the buyer against
any loss.

7) Dispute Resolution
Any dispute between parties shall be settled
amicably. In case of failure to settled the dispute
amicably, which shall be referred to the Authority as
per the provisions of the Transfer of the property Act
1882. thereunder.

8) Registration of the document – Each should be signed by

both the parties. Registration should be before local Sub-
Registrar. Sign/Thumb print on the sale deed by both the
parties along with the witness.

9) Certified copy of the registered property with the name

of buyer should be hand over to buyer.

10) The undersigned parties are jointly and severally

responsible and liable for all obligations under this
agreement.