Sale Deed

Sale Deed is a legal document that lays down the title, ownership, rights and obligations of the seller and purchaser. It is a legal document that lays down the details of the sale of a property including the price at which it is purchased, the manner of payment, details about the property, date on which the possession will be given and the information about the seller and buyer. 

A sale deed acts as the evidence that the ownership of the property is transferred from the seller to buyer through sale of such property. It is executed once the final possession of the property is given to the buyer. It is mandatory to register a sale deed for any kind of immovable property by paying the requisite stamp duty and submitting the document with the Registrar having appropriate jurisdiction. 

Draft & Register Your Sale Deed
At INR 13999

What You'll Get In The Package

Inclusion

  • 20 Minute telephonic consultation with an expert property lawyer.
  • Verification of documents submitted.
  • Drafting of Sale Deed.
  • Registration of Sale Deed with Registrar.

Exclusion

  • Stamp Duty.
  • Court fees.
  • Drafting and Registration of any other document.

Documents required for Sale Deed drafting and registration

  • PAN Card.
  • Details about the seller and buyer.
  • Information about the property sold.
  • Other information relevant for drafting the deed.

Process for drafting and registration of Sale Deed

Once the requisite documents are submitted, the property lawyer drafts the sale deed. The stamp duty is paid and the date is fixed for sale deed registration in the Sub-Registrar’s office. The registration fee is paid and the seller and buyer along with 2 witnesses sign the deed in the Registrar’s office. After a week, the registered sale deed can be collected.

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FAQs

Which law governs sale deed?
The Indian Stamp Duty Act, 1899 and the Registration Act, 1908 governs the drafting, execution and registration of sale deed in India.
Who pays the stamp duty, the seller or buyer?
The obligation to pay the stamp duty is on the buyer.
Is it mandatory to register sale deed?
Any sale deed executed for the sale and purchase of any immovable property must be compulsorily registered.
How much time do drafting and registration of sale deed take?
It takes approximately 8-10 days for sale deed drafting and registration when done through Legistify.
Is stamp duty different from registration fee?
Yes, stamp duty is paid for the execution of sale deed as per the Stamp Duty Act, whereas registration fee is paid for the registration of sale deed as per the Registration Act.
Can a sale deed be registered without paying stamp duty?
No property document can be registered without paying the prescribed stamp duty.
Is the stamp duty same in every State?
No, the stamp duty for a sale deed is different in different States and also differs on the basis of age, gender, etc. of the buyer.
Is PAN card mandatory for sale deed registration?
Yes, PAN card is required for registering a sale deed.