A Sale Deed is a legal document that serves as proof of the transfer of ownership of property from the seller to the buyer. It is an essential document in any property transaction. Below are the steps involved in creating a Sale Deed:

1. Preparation of Sale Deed:
Drafting the Agreement: A Sale Deed should mention all the terms and conditions of the sale, which may include the details of the buyer and seller, property details, agreed sale consideration, and date of transfer.
Property Details: Mention the property sold, its description, such as its address, survey number, boundaries, area, etc.
Sale Consideration: The amount of sale consideration that is agreed upon and the method of payment, such as in full or installments.
Payment Details: Include the mode of payment made, whether it is by cheque, bank transfer, or any other mode and whether the payment has been received.
Transfer of Title: Confirm that the seller has the right to sell the property and that there are no encumbrances, mortgages, or legal disputes associated with the property.
Possession Transfer: Mention the date when the possession of the property will be handed over to the buyer.
2. Stamp Duty and Registration:
Stamp Duty: The Sale Deed must be signed on a stamp paper, the value of which is determined by the state laws in India. The stamp duty is normally calculated on the basis of the transaction value or the market value of the property, whichever is higher.
Parties Signature: The buyer and seller must sign the Sale Deed in the presence of witnesses. Witness details must also be provided.
Registration: The Sale Deed is to be registered at the local sub-registrar office under the provisions of the Indian Registration Act, 1908. Registration provides legal efficacy and public notice for the transfer of property.
3. Verification and Submission:
Identity Proof: Both the buyer and the seller need to produce an identity proof, which could be either the Aadhar card, PAN card, or passport as part of the documentation.
Verification of Documents: All such documents as title deed, identity proof, and tax receipts (property tax, utility bills) are to be verified and attached with the Sale Deed.
Execution: After all these details are confirmed, both the buyer and seller execute the Sale Deed in front of witnesses. Then it is registered with the local sub-registrar.

Why Choose Us for Making a Sale Deed?

Expert Advice: Ad Deals Legal Services also have experienced property lawyers who would assist you in drafting to registration of the Sale Deed.
Quick and Efficient: We process quickly and take all the paper work and other legal formalities to seal off the deal without any extra waiting time.
Legal Compliance: Our team ensures that your Sale Deed is in line with all the legal formalities and according to the laws of your state, avoiding any future legal complications.
Affordable Services: We offer affordable and transparent pricing for the preparation and registration of Sale Deeds, making the process hassle-free and cost-effective.
If you require assistance with preparing or filing a Sale Deed, contact Ad Deals Legal Services today for an efficient solution!