Transfer of Property is a regular phenomenon in Indian society which is done in various ways. The transfer of Property can be done through sale deed, gift deed, will, release, settlement, partition etc. But, it is not as simple as it looks because the process and modes of transferring contains numerous complexities. This is known as ‘Conveyance. Now, a document of transfer of property needs to be registered and appropriate stamp duty is supposed to be paid. The registration of documents includes execution, presentation and admission of the same which is a complex process and should be done with utmost care. A deed is a written document or an instrument that is sealed, signed and delivered by all parties to the contract (buyer and seller). It is a contractual document that includes legally valid terms, and is enforceable in a court of law. It is mandatory that a deed should be in writing, and that both parties involved must sign the document.
The Document is required to contain the following:
-Defined demarcation of the boundaries of the property.
-Other rights (if applicable) annexed to the property and its use.
-The chain of title i.e. all legal rights to the present seller.
-The method of delivery of the given property to the buyer.
-A memo of the consideration, stating how it has been received.Any other terms and conditions that are applicable as far as the transfer of ownership rights are concerned.
Property of a person is the result of his hard work and sacrifices which he makes throughout his lifetime, a little omission can cost him, his fortunes. We have a team of experts which includes advocates, document writer, charted accountants, retired revenue officials and other experts. We aim at assisting people in property related matters. This team will give you clarity on all aspects of your transfer of property and will make this cumbersome process an easy one. Our team is highly experienced and has numerous expertises in this area which in turn makes it possible to provide you quality service.