Deed Of Conveyance Of An Interest In Property - Legal Draft

The 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

a co owner along with Mr 'X' and Mr. 'Y' of an immovable property consisting of

land with building and situate at ....... in the City and Sub Registration

Distt. of ....... and which is more particularly described in the Schedule

hereunder written.And Whereas on a

notional partition the Vendor's undivided share, right, title and interest Is

one third in the said property;And Whereas the

Vendor has agreed to sell his share to the purchaser absolutely for the price

of Rs ........And Whereas for the

purpose of stamp duty the consideration/market value of the said share is fixed

at Rs ........ and stamp duty is paid accordingly.And Whereas the

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

has agreed to do.NOW THIS DEED

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

sum of Rs ........ (Rupees ....... ) paid by the Purchaser to the Vendor on the

execution of these presents (receipt whereof the Vendor doth hereby admit) he

the Vendor doth hereby convey and transfer by way of sale all his undivided one

third share, right. title and Interest In or to the said land and premises

situate at ....... and more particularly described in the Schedule hereunder

written together with all the things permanently attached thereto and standing

thereon and together with the proportionate benefit of all privileges,

easement, profits, advantages, rights and appurtenances whatsoever to the said

land and premises or any part thereof belonging or in anywise appurtenant

thereto and all other estate, right, title and interest of the Vendor

whatsoever at law or otherwise to the said land and other premises, TO HAVE AND

TO HOLD the same unto and of the use of the Purchaser absolutely and forever

subject to the payment of all rents. rates, taxes, assessments, dues and duties

now chargeable and payable and that may become chargeable and payable from time

to time hereafter in respect of the said land and premises to the Government or

the Municipal Corporation (or Council) or any other local or pubic authority.And The Vendor Doth

Hereby Convenant Unto The Purchaser That1.

The

Vendor now has in himself good right and full power to convey and transfer by

sale all his said undivided one third share, right, title and interest In the

said land and premises hereby conveyed or intended so to be unto and to the use

of the purchaser in 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 along with but without

prejudice to the similar rights of the other co-owners of the said land and

premises and to receive the proportionate share In the rents. income and

profits thereof and every part thereof for his own use and benefit without any

suit, lawful interest or interruption claim or demand whatsoever from or by 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 undivided share, right, title and interest in the

said land and premises free and clear. 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 from and

against all former and other estates. title, charges and encumbrances

whatsoever made, occasioned or suffered by the Vendor or by any other person

or, persons claiming 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

in the said undivided share, right, title and interest of the vendor in 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

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

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

better and more perfectly and absolutely granting the said undivided share,

right, and title and Interest in the said land and premises and every part thereof

unto and to the use of the Purchaser in manner aforesaid as by the purchaser,

his heirs, executors and administrators and assigns shall be reasonably

required.IN WITNESS WHEREOF

the Vendor has put his hand the day and year first hereunder written.THE SCHEDULE ABOVE

REFERRED TO(description of the

property)Signed and Delivered

by the withinnamed Vendor Mr .......in the presence of

....