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Sale Deed - Legal Draft

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Category : Deeds

SALE DEED (General)

This deed of sale is executed on day of month of

year by Sri./Smt. ,

S/o./ W/o. , occupation ,

and aged years, residing

hereinafter called the "SELLER".1

In favour of

Sri./Smt. S/o./W/o. ,

occupation , aged years, residing

at

hereinafter called the "PURCHASER".2

Whereas, the term SELLER and PURCHASER, unless repugnant to the context

shall mean and include there representatives heirs, successors, executors,

administrators, trustees, legal representatives and assigns.

Whereas, the SELLER herein, is the sole and absolute owner of immovable

3

property bearing No. known as situated

at and morefully described in the schedule hereunder written

and hereinafter called the sche dule property.

Whereas, the SELLER is the absolute owner, having acquired the property, by

4 and since then SELLER has been in possession and

enjoyment of the schedule property and paying taxes and levies thereon, as

sole and absolute owner thereof.

Whereas the SELLER herein being desirous of selling the Schedule property

due

to the reason

Whereas the PURCHASER has agreed to purchase the schedule property in terms

an oral / written agreement for a total sale consideration of Rs.

(Rupees only) and the purchaser

in terms of aforesaid oral / written agreement agreed to pay the entire

sale consideration at the time of execution of the sale deed.

Whereas in consideration of the purchaser having paid the entire sale

consideration Rs. Rupees only)

at

as aforesaid the receipt of which has been duly acknowledged by the SELLER,

who acquits the purchaser from making any further payment

towards sale

consideration, the SELLER, as beneficial owner, DOES HEREBY GRANT,

CONVEY, TRANSFER, BY WAY SALE AND ASSIGN unto and in favour of the

purchaser of the schedule property and every part thereof together with the

right, title and interest therein, with all the benefits advantages,

concessions, licenses, hereditaments, easementary rights, equities, claims,

demands, privileges, appurtenances or any other things hidden in the earth

belonging to or appurtenant thereto etc., attached to belonging to and

reputed to belong to the Schedule

property TO HOLD, TO POSSESS AND TO ENJOY the same forever free from

all encumbrances, charges, all kinds of mortgage, agreement to sell, court

litigation's and any other statutory charges.

Whereas the SELLER hereby declares and covenants with the purchaser that he

is the sole and absolute owner of the Schedule property and has a clear,

legally valid and marketable title thereto and therefore, an absolute right

to sell and convey the same to the purchaser in terms of this deed. The

SELLER further declares that he has not done any acts, deeds or things so

as to curtail, restrict or prejudice his right to convey or prevent him

from selling the Schedule property in terms of this deed.

Whereas the PURCHASER having now paid the entire sale consideration as

detailed below, has requested the SELLER to execute the Sale deed in his

favour and the SELLER has duly agreed thereto.

NOW THEREFORE THIS DEED OF ABSOLUTE SALE WITNESSETH AS

HEREUNDER:

  1. The SELLER hereby confirms that the PURCHASER has paid the entire sale

consideration as under:

a. Amount paid by Cheque No.

or in Cash on dated Rs.

b. Remaining amount paid by Cheque

or D.D. or Pay order before

Sub-Registrar at the time of Registration

of this Sale deed Rs.

Total Rs.

(Rupees only)

Whereas the SELLER hereby further declares that the schedule property is

free from all encumbrances, lien, charge, mortgage, lease, court or other

attachments, lis-pendens, acquisition and requisition proceedings, minor's

claims or any other adverse proceedings or claims from third parties which

are in any way detrimental to the interest of the PURCHASER

Whereas the SELLER hereby assures the PURCHASER that all taxes and levies

on the Schedule property have been paid up to date and arrears if any, till

the date of sale deed shall be duly paid by him and future taxes in respect

of the Schedule property shall be paid by the PURCHASER.

Whereas the SELLER hereby declares and covenants with the PURCHASER that he

shall do or cause to be done all acts, deeds and things which are legally

or reasonably required to be done at the instance of the PURCHASER for

morefully and perfectly assuring the right, title and interest of the

PURCHASER in the schedule property herein conveyed and the PURCHASER shall

bear such expenses.

Whereas the SELLER hereby indemnifies and keeps the PURCHASER or his

successors-in-title fully indemnified against any loss or liability cost or

claims, action or proceedings, if any should arise, at any time in future

against him owing to any defect in or for want of clear and marketable

title or due to any defect, violation or non-compliance of any of the

declarations or covenants herein.

Whereas the PURCHASER shall be the sole and absolute owner of the schedule

property with attendant rights of ownership, possession, enjoyment and

shall be entitled to deal with and dispose of the Schedule property as

deems fit witho ut any interference, obstruction or hindrance from the

SELLER or any one claiming under, through or in trust for him.

Whereas the SELLER has this day delivered the vacant possession of the

schedule property to the PURCHASER along with all the available original

title deeds and documents which are in his possession pertaining to or

relating to the schedule property.

SCHEDULE OF THE PROPERTY (Conveyed under this deed)

All the piece and parcel of immovable property 6 bearing No.

Measuring

Bounded by:-

On the East :

On the West :

On the South :

On the North :

Market value of the property conveyed under this deed is Rs.

(Rupees only).

The Stamp duty is paid on the market value as computed above.

IN WITNESS WHEREOF the parties herein have affixed their

respective

signatures to this deed at on this day of

year in presence of the witness:

WITNESSES:

  1. SELLER

if the seller is represented by his agent such as guardian or general

power of attorney holder or special power ofattorney holder, then his full

name, occupation, age, address and capacity under which he represents the

SELLER shall be entered]

2

[ if the purchaser is represented by his agent such as guardian or general

power ofattorney holder or special power of attorney holder, then his full

name, occupation, age, address and capacity under which he represents the

purchaser shall be entered]

[3Full details of the property number such as Khata number, street/road

with reference to the local authority records and boundaries shall be

furnished. If the land sold is an agricultural land, details of the survey

number, acre, guntas, revenue assessment and boundaries of the land sold

with reference to the revenue records should be furnished. If the property

purchased is a Flat / Apartment details of the property on which the Flat /

Apartment is constructed, flat number, floor number, name of the apartment

etc., full details of the property so as to identify shall be furnished.]

4

[ Describe whether the ownership is acquired by inheritance or by partition

of joint family

property or by release or by gift or by settlement or by will (bequeath) or

by sale deed executed

by registered as document No. of Book No. , Volume

No. , Page No. in the office of the Registrar or Sub-Registrar]

I5 To clear of the debt / for higher education of children / to defray

medical expenses / domestic necessities]

f^Full details of the property number such as Khata number, street/road

with reference to the local authority records and boundaries shall be

furnished. If the land sold is an agricultural land, details of the survey

number, acre, guntas, revenue assessment and boundaries of the land sold

with reference to the revenue records should be furnished. If the property

purchased is a Flat / Apartment details of the property on which the Flat /

Apartment is constructed, flat number, floor

  1. PURCHASER

number, name of the apartment etc., full details of the property so as to

identify shall be furnished.]


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