Draftng of
Sale Deed is not a simple assignment. Parties of both the vender/s and the
buyer/s are to be secured. Important Clauses to be contained in Sale Deed are
as follow;
•Details of
the parties, for example, name, address, age and name of the father or spouse
of the parties;
•If one of
the parties is a minor, name of the Guardian represents him. For the most part
the minor is Represented by the Natural
Guardian.
•In instance
of spiritless bodies, for example, firms, organizations, HUFs and so on.,
subtle elements of the approved persons approved to speak to such bodies;
•Details
viewing in the matter of how the seller has obtained property and his
possession and title;
•Details of
development installment if any made and method of installment of equalization
of offer thought.
•Acknowledgement
of receipt of development and the deal thought by the vender
•The
certainty of giving over of unique reports of the property alongside conveyance
of ownership to the buyer.
•Indemnifying
the buyer if there should arise an occurrence of deformity in the title of the seller.
•Authorization
letters issued by the vender for transfer of water, power meters;
•Details
about execution of General Power of Attorney if any executed by both of the
parties.
•Permanent
Account Number (PAN) of the dealer and the buyer if the deal thought is more
than rupees five lakhs.
In the event
that both of the gathering is not a pay charge assessee then Form No.60 or Form
No. 61 if there should arise an occurrence of Agriculturists must be submitted
alongside the deal deed at the
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