Deed Of Conveyance Legal Draft Template

(Where the

Consideration is Payable by Installments)This Deed of

Conveyance is made at ... this... day of.,.. between Mr. 'A' of... (hereinafter

referred to as the 'Vendor') of the One Part, and Mr. 'B' of ... (hereinafter

referred to as 'the Purchaser'). of the Other Part;Whereas the Vendor is

absolutely seized and possessed of or otherwise well and sufficiently entitled

to the land and premises situate at ... and more particularly described in the

Schedule hereunder written.And Whereas the

Vendor has agreed to sell the said property to the Purchaser at the price of

Rs... and has received from the Purchaser a sum of Rs... as earnest money on the

execution of the agreement for sale.And Whereas the

balance is agreed to be paid by the Purchaser by installments as hereinafter

provided.And Whereas the

Purchaser has requested the Vendor to execute these presents which he has

agreed to do.And Whereas for the

purposes of stamp duty the consideration is valued at ... ... market value is

fixed at ........NOW THIS DEED

WITNESSETH that pursuant to the said agreement and in consideration of the sum

of Rs.... paid as earnest money as aforesaid and of Rs.... paid on the

execution of these presents ( receipt whereof the vendor hereby admits) and the

balance of Rs.... agreed to be paid by the Purchaser to the Vendor by installments

as hereinafter provided. making together the said sum of Rs.... agreed to be,

paid by the Purchaser to the Vendor, He, the Vendor doth hereby convey and

transfer by way of sale unto the Purchaser all that piece of land with the

building and structures standing thereon situate at ... in the Registration Sub

District of ... and more particularly described in the Schedule hereunder

written and delineated on the Plan thereof hereto annexed by red coloured

boundary line TOGETHER WITH ALL the things permanently attached thereto or

standing thereon and all the privileges, casements, profits, rights and

appurtenances whatsoever to the said land and other premises or any part

thereof belonging or anywise appertaining thereto and ALL THE estate, right,

title, Interest, use, possession, benefit. claim and demand whatsoever at law

or otherwise of the Vendor to the said piece of land and other the premises

hereby conveyed and every part thereof TO HOLD the same unto and to the use and

benefit of the Purchaser absolutely and forever, subject to the payment of all

rents, rates, taxes, assessments. dues and du ties now chargeable and payable

and that may become chargeable and payable from time to time hereafter in

respect of the same to the Government or the Municipal Corporation of... or any

other public body or local authority in respect thereof. - - - -AND the Vendor doth

hereby covenant with the Purchaser that,1. The Vendor now has in

himself good right and full power to convey and transfer by way of sale the

said piece of land, and other the premises hereby conveyed or intended so to be

unto and to the use of the Purchaser in the manner aforesaid.2. The Purchaser may

from time to time and at all times hereafter peaceably and quietly enter upon.

occupy, or possess and enjoy the said land, and premises hereby conveyed with

their appurtenances, and receive the rents, issues and profits thereof and

every part thereof for his own use and benefit without any suit. lawful

eviction or interruption, claim and demand whatsoever from or by him the Vendor

or his heirs, or any of them or by any person or persons claiming or to claim,

from, under or in trust for him or any of them.,3. The Purchaser shall

hold the said land and premises free and clear and freely and clearly and

absolutely exonerated, and forever released and discharged or otherwise by the

Vendor and well and sufficiently saved, defended, kept harmless and indemnified

of, from and against all former and other estates, titles, charges and

encumbrances whatsoever had, made, executed. occasioned and suffered by the

Vendor or by any other person or persons claiming or to claim by, from, under

or In trust for him;4. The Vendor and all

persons having or claiming any estate, right, title or interest An the said

land, and premises hereby conveyed or any part thereof by, from, under or in

trust for the Vendor or his heirs, executors, administrators or any of them

shall and will from time to time and at all times hereafter at the request and

costs of the Purchaser do and execute and cause to be done and executed all

such further and other lawful acts, deeds, things. In the law whatsoever for

the better and more perfectly and absolutely granting the said land, and

premises and every part thereof hereby conveyed unto and to the use of the

Purchaser in manner aforesaid as by the Purchaser. his heirs, executors or administrators

and assigns shall be reasonably required.And the Purchaser

doth hereby covenant with the Vendor that the Purchaser shall and will pay the

said balance purchase price of Rs.... by four equal quarterly Installments of

Rs.... the first of such Installments to be paid on or before the ... day of...

the second installment on or before the ... day of ... and the third Installment

on or before the ... day of ... and the fourth installment on or before the ...

day of... time being in each case the essence of the contract, AND it, is

agreed that in the event of default of payment of any installment on the due

date thereof the whole of the said balance or any part thereof remaining unpaid

will at the option of the Vendor become due and payable at once, And it is further

agreed that the Purchaser will be liable to pay and hereby agrees to pay

Interest at the rate of Rs. ... per cent per annum on each and every defaulted installment

from the date thereof till payment or recovery thereof and the Purchaser agreesand confirms that the

said unpaid balance of the price and every part thereof will remain a statutory

charge on the said land and premises hereby conveyed under Section 55(4) (b) of

the Transfer of Property Act, 1882, and in the event of non-payment thereof the

Vendor will be entitled to enforce the charge by sale of the said land and

premises through Court and the Purchaser will be liable to pay all costs,

charges and expenses incurred by the Vendor In enforcement of the charge.IN WITNESS WHEREOF

the Vendor and the Purchaser have put their respective hands the day and year

first hereinabove written.THE SCHEDULE ABOVE

REFERRED TO(Description of the

property).Signed and Delivered

by the withinnamed Vendor Mr.in the presence ofSigned and delivered

by thewithinnamed Purchaser

Mr....in the presence of

...