Sale Deed
Sale Deed
A sale deed is a legal document used in property transactions as evidence for the sale and transfer of ownership of property in favor of the buyer from the seller. … It is made for the sale or purchase of land or any construction made on it.
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TRANSFER OF IMMOVABLE PROPERTY BY TRUSTEES TO BENEFICIARY
This is a precedent of Deed of Conveyance/Transfer Deed whereby the Trustees of the Private Trust are transferring the immovable property in favour of the beneficiaries in terms of the Deed of Trust.
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LEAVE AND LICENSE AGREEMENT FOR RESIDENTIAL PREMISES
The Owner of a residential flat is desirous of giving the same on leave and license basis for a temporary fixed period. This is a precedent of an Agreement of Leave and License of the residential premises.
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DEED OF RELEASE OF SHARE IN A FLAT IN CO-OPERATIVE HOUSING SOCIETY
The Releasor, being the co-owner of the Flat in a cooperative Housing Society, desirous of releasing his share in the same in favour of another co-owner. This is the precedent of Deed of release of share in a flat in co-operative Housing Society.
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CONVEYANCE OF AN IMMOVABLE PROPERTY SUBJECT TO VENDOR RESERVING A RIGHT OF WAY
This is a precedent of the Deed of Conveyance of an immovable property, whereby the Vendor, out of the larger property, is selling certain portion of the same reserving its right of right of way on the portion which is being sold. The Vendor is also keeping custody of all the title deeds of the property with the covenant to produce the same in future.
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CONVEYANCE OF REVERSIONERY RIGHTS IN THE IMMOVABLE PROPERTY
The Vendor is the Owner of an immovable property and has already leased the same to the Lessee on long lease. The Purchaser desires to acquire Vendor’s reversionary right in the said immovable property. This is a precedent of Deed of Conveyance whereby the Vendor is transferring his reversionary rights in the property to the Purchasers.
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DEED OF EXCHANGE IN RESPECT OF RESIDENTIAL FLATS
The Parties are the Owners of their respective residential flats. Both the parties desires to exchange their respective flats with each other. This is the precedent of Deed of Exchange in respect of Residential Flats. This precedent can be also used for properties other than residential flats with appropriate changes.
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MEMORANDUM OF UNDERSTANDING FOR SALE OF A FLAT
The Vendor is the Owner of a resident flat which he intends to sale to the Purchaser on the agreed terms. This is a precedent of Memorandum of Understanding (MOU) whereby the Vendor has agreed to sale the flat on agreed terms.
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LOCK OUT AGREEMENT
The parties intend to sell and buy the property/flat etc. However, the negotiations and finalization may take some time. Pending the same, they want to bind each other for the specific time to enable them to finalise the terms and arrive to the proper contract. This is a precedent of lockout agreement for the above purpose.
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DEED OF TRANSFER OF FLAT PURCHASER’S RIGHT UNDER THE AGREEMENT WITH THE DEVELOPERS TO PURCHASE THE FLAT IN AN UNDER CONSTRUCTION BUILDING
This is a precedent of a Deed of Transfer of Flat Purchaser’s right under an Agreement with the Developers in an under construction building wherein the Purchasers after verifying the title of the Vendors under the Agreement for Sale as mentioned therein are desirous of purchasing the Flat upon terms and conditions as detailed in the Deed.
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AN INSTRUMENT FOR PURCHASE OF A FLAT IN RESALE WHERE SOCIETY OR LIMITED COMPANY OR CONDOMINIUM IS YET TO BE FORMED
This is a precedent of an Instrument for Purchase of Flat in Re-sale wherein the Purchasers have agreed to purchase the Flat from the Vendor where the Society or Limited Company or Condominium is yet to be formed upon the terms and conditions as detailed in the Instrument.
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AGREEMENT FOR SALE OF A FLAT IN A CO-OPERATIVE HOUSING SOCIETY
This is a precedent of an Agreement for Sale of a Flat in a Co-operative Housing Society wherein the Transferee has agreed to purchase Flat from the Transferor upon terms and conditions as detailed in the Agreement.
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DEED OF TRANSFER OF A FLAT WHERE THE BODY OF THE FLAT PURCHASERS IS YET NOT FORMED AND THE HOUSING LOAN AVAILED BY THE TRANSFEROR IS ALSO TO BE DISCHARGED
The Transferor has purchased the Flat in the Real Estate Project/Building from the Developer. The Transferor has also availed housing loan from the Bank. The body of all the Flat Purchasers is yet not formed. The Transferor desires to sell the Flat and simultaneously desires to discharge the liability of the Bank. This is the precedent of Deed of Transfer for the same. This precedent can be used for commercial premises also with suitable changes.
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