Sale deed is your right on the property, it is necessary to prove physical possession

Sale Deed

Whenever an immovable property is purchased, the document through which it is legally transferred to the buyer is called Sale Deed. Sale Deed is the only document through which the seller transfers all the rights related to an immovable property to the buyer. Under the Indian Registration Act, it is mandatory to obtain a sale deed in the purchase and sale of property. The ownership transfer of this property is permanent. Since there is no sale deed registry, ownership is also not considered transferred from the seller to the buyer.

Upload the documents on the Department of Registration website for registration. Book the slot in the sub register office by depositing stamp duty, registration fee.

What is the use of sale deed?

• In the ownership transfer of the property.
• In taking electricity connection.
• As proof of residence.
• In taking a home loan from a financial institution.
• Mutation of property in the name of the buyer.

Necessary for sale deed registration

• Land Diversion Order.
• Layout map approved by Town and Country Planning.
• Development permission issued from Municipal Corporation.
• Building permission issued from Municipal Corporation.
• Nazul NOC
• No encumbrance certificate
• Original title deed of the seller
• Development should be registered under MP cell.

It is necessary to have this clause in the sale deed

Case-1: Many times such cases come to the fore when a person of a Hindu Undivided Family sells the property. After that, the person's children or other family members file a case against the ancestral property saying that the property was not sold with their consent. Due to this, that property gets entangled in dispute. Make sure that the sale deed clearly mentions the reasons for which the property of the entire family is being sold.

Case-2: In many cases, builders take project loan from the bank on the under-construction flat or duplex. After that they sell the property to the people. In such cases, the bank goes to the person who has taken the flat or duplex for loan recovery. To avoid such a situation, check the NOC issued by the bank before making the sale deed.

• Whether there is any tax, demand or lien etc. on the property or from the government or semi- government authority, this should be included in the clause of the sale deed.
• The sale deed should also mention that the property being sold is private. It should be mentioned that it is not a government property.
• Information about how the seller became the owner of the property should be included in the sale deed.