Sale Deed

A Sale deed is entered between a buyer and a seller for sale of an immovable property. The deed outlines the agreed terms so that misunderstandings can be prevented in future. The Sale deed is a requisite document for buying and selling of immovable property as it legally enforces the sale and purchase of an immovable property. This deed certifies the title of owner of the property and also serves as a reference in Court in case of legal dispute.

The deed is legally enforceable when printed on a non judicial stamp paper and signed by the concerned parties and is registered at the jurisdictional sub registrar's office in the presence of at least two witnesses. Use this agreement if: 1.You as a buyer/vendee wish to buy an immovable property (e.g. house, land or building) at an agreed price. 2.You as a seller/vendor want to sell an immovable property to a person at an agreed price.

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Frequently Asked Questions

A Sale deed is entered between a buyer and a seller for sale of an immovable property. The deed outlines the agreed terms so that misunderstandings can be prevented in future. The Sale deed is a requisite document for buying and selling of immovable property as it legally enforces the sale and purchase of an immovable property. This deed certifies the title of owner of the property and also serves as a reference in Court in case of legal dispute.
Who needs this agreement and why?
The deed is legally enforceable when printed on a non judicial stamp paper and signed by the concerned parties and is registered at the jurisdictional sub registrar's office in the presence of at least two witnesses. Use this agreement if: 1.You as a buyer/vendee wish to buy an immovable property (e.g. house, land or building) at an agreed price. 2.You as a seller/vendor want to sell an immovable property to a person at an agreed price.
What is the use of Annexure?
The following are all the major clauses included in this agreement:
  1. Scope- outlines the basic details of the agreement, related property and parties involved.
  2. Premises- details about the property including location.
  3. Transfer of Property- assigns the duty of the vendor to transfer the property to the vendee.
  4. Representations and Warranties- ensures that the property is not involved in any dispute and the tax has been paid accordingly.
  5. Indemnification- safeguarding and protection clauses by the vendor of the property.
  6. Miscellaneous- details about amendments, paperwork, costs and expenditures.
These are a few terms which might be useful to read about for a better understanding of this agreement:
  1. Vendor-the person who provides goods or services to a company or individuals.
  2. Vendee-the buyer in a sale, especially of property
  3. Demised Premises-refers to the property that has been leased out.
  4. Executor-the person or institution appointed by a testator to carry out the terms of his will.
  5. Administrator-a person legally vested with the right of administration of an estate.
  6. Trustees-an individual person or member of a board given control or powers of administration of property in trust with a legal obligation to administer it solely for the purposes specified.
  7. Indemnify-to compensate for harm or loss.
What are the legal jargons used in this agreement?
There is no Annexure section in this agreement.
How to use this agreement?
The following are all the major clauses included in this agreement:
  1. Scope- outlines the basic details of the agreement, related property and parties involved.
  2. Premises- details about the property including location.
  3. Transfer of Property- assigns the duty of the vendor to transfer the property to the vendee.
  4. Representations and Warranties- ensures that the property is not involved in any dispute and the tax has been paid accordingly.
  5. Indemnification- safeguarding and protection clauses by the vendor of the property.
  6. Miscellaneous- details about amendments, paperwork, costs and expenditures.

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