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Sale Deed Of Immovable Property Draft

Sale Deed Of Immovable Property Draft Template for India

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Sale Deed Of Immovable Property Draft

"I need a Sale Deed of Immovable Property Draft for a residential apartment in Mumbai, with completion scheduled for March 2025, including specific clauses for society transfer charges and parking allocation."

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Document background
The Sale Deed Of Immovable Property Draft is a fundamental legal instrument in Indian property law, essential for documenting and effectuating the transfer of immovable property ownership. This document is mandatory under the Transfer of Property Act 1882 and must be registered under the Registration Act 1908. It is used whenever there is a sale of immovable property, whether residential, commercial, or industrial. The deed includes crucial details such as property description, party information, consideration amount, payment terms, and various warranties and covenants. It serves as the primary evidence of the transaction and the buyer's ownership rights. The document must be executed on appropriate stamp paper, witnessed, and registered at the Sub-Registrar's office where the property is located. Its proper execution is critical for establishing clear title and avoiding future legal complications.
Suggested Sections

1. Parties: Details of the seller (vendor) and purchaser including names, ages, addresses, and legal capacity

2. Background/Recitals: History of property ownership, seller's right to sell, and context of the transaction

3. Definitions: Definitions of key terms used in the deed including property, effective date, and other relevant terms

4. Details of Property: Comprehensive description of the property including location, boundaries, and measurements

5. Title and Ownership Declaration: Seller's declaration of clear title and right to sell the property

6. Consideration: Purchase price, payment terms, and acknowledgment of receipt

7. Possession: Terms and conditions regarding the transfer of possession

8. Representations and Warranties: Seller's warranties regarding property title, encumbrances, and legal compliance

9. Covenants: Obligations of parties including cooperation in registration and post-sale requirements

10. Registration and Stamp Duty: Provisions regarding deed registration and payment of stamp duty

11. Execution and Witness: Formal execution clause with witness requirements

Optional Sections

1. Pending Litigation Declaration: Used when there is a need to specifically declare any pending litigation or absence thereof

2. Encumbrance Details: Required when there are existing charges or encumbrances that need to be disclosed

3. Development Rights: Included when transferring specific development rights or TDR along with the property

4. Third Party Rights: Required when there are existing tenancies or third-party rights that need to be addressed

5. Compliance Certificates: When specific compliance certificates need to be referenced or attached

6. Property Tax Status: Detailed section about property tax payment status when required by local authorities

7. Indemnity Clause: Added when specific indemnification is required beyond standard warranties

Suggested Schedules

1. Schedule A - Property Description: Detailed technical description of the property including exact measurements, boundaries, and landmarks

2. Schedule B - Title Documents: List of all title documents and chain of title documents

3. Schedule C - Encumbrance Certificate: Recent encumbrance certificate details

4. Schedule D - Property Tax Receipts: Details of recent property tax payments and outstanding dues

5. Schedule E - Building Plans: Approved building plans and sanctions where applicable

6. Schedule F - Payment Details: Detailed breakdown of consideration and payment schedule

7. Appendix 1 - Property Photos: Recent photographs of the property for identification

8. Appendix 2 - Location Maps: Property location maps and site plans

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈË°æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions



































Clauses
























Relevant Industries

Real Estate

Construction

Banking & Finance

Property Development

Infrastructure

Hospitality

Retail

Manufacturing

Agriculture (for agricultural land)

Commercial Real Estate

Relevant Teams

Legal

Real Estate

Compliance

Risk Management

Documentation

Property Administration

Corporate Affairs

Asset Management

Finance

Operations

Relevant Roles

Legal Counsel

Property Lawyer

Real Estate Manager

Compliance Officer

Property Valuer

Title Researcher

Real Estate Agent

Property Documentation Officer

Company Secretary

Risk Manager

Asset Manager

Property Administrator

Legal Documentation Specialist

Real Estate Transaction Manager

Industries







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