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Deed Of Sale Without Land Title
"I need a Deed of Sale Without Land Title for selling my ancestral residential property in Mumbai, which has been in my family's possession for over 50 years, to be completed by March 2025; we have tax receipts and utility bills as proof of ownership but no formal title deed."
1. Parties: Details of the seller(s) and purchaser(s) including their full names, addresses, and legal capacity
2. Background: Brief context about the property ownership and intention to sell
3. Definitions: Key terms used throughout the deed including 'Property', 'Completion Date', 'Purchase Price', etc.
4. Sale and Purchase: Core clause stating the seller's agreement to sell and buyer's agreement to purchase the specified property
5. Consideration: Details of the purchase price and payment terms
6. Property Description: Detailed description of the property being sold, including boundaries and measurements
7. Seller's Representations and Warranties: Declarations by the seller regarding ownership, right to sell, and property condition
8. Possession and Risk: Terms regarding the transfer of possession and assumption of risk
9. Completion: Details of the completion process, including timing and documentation
10. Expenses and Stamp Duty: Allocation of expenses including registration fees and stamp duty
11. General Provisions: Standard clauses including notices, governing law, and dispute resolution
12. Execution: Formal execution block for signatures, witnesses, and notarization
1. Existing Tenancies: Details of any existing tenants and treatment of ongoing tenancies - include when property is tenant-occupied
2. Pending Utilities and Taxes: Treatment of pending utility bills and property taxes - include when there are outstanding payments
3. Power of Attorney: Details of any power of attorney arrangements - include when parties are acting through representatives
4. Inspection and Acceptance: Buyer's acknowledgment of property inspection - include for 'as-is' sales
5. Encumbrances: Details of any existing mortgages or liens - include when property has encumbrances
6. Family Settlement: Details of family arrangements - include when property is part of family settlement
1. Schedule A - Property Details: Comprehensive description of the property including exact measurements, boundaries, and features
2. Schedule B - Payment Schedule: Detailed breakdown of payment terms including installments if applicable
3. Schedule C - List of Documents: List of all documents provided by seller to buyer regarding the property
4. Schedule D - Existing Fixtures and Fittings: Inventory of fixtures and fittings included in the sale
5. Appendix 1 - Property Photos: Photographs of the property for reference
6. Appendix 2 - Property Plans: Layout plans or sketches of the property
Authors
Real Estate
Property Development
Legal Services
Financial Services
Construction
Housing
Urban Development
Banking
Property Management
Investment
Legal
Real Estate
Compliance
Property Management
Operations
Risk Management
Documentation
Corporate Affairs
Facilities Management
Asset Management
Real Estate Lawyer
Property Manager
Legal Counsel
Real Estate Agent
Property Developer
Compliance Officer
Title Officer
Real Estate Broker
Property Valuator
Legal Documentation Specialist
Real Estate Transaction Manager
Property Rights Specialist
Conveyancing Manager
Real Estate Operations Director
Legal Risk Manager
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