SALE DEED

Sale agreement is an instrument in writing which transfers the ownership of the property from
one person to another in exchange for a price paid/consideration. It covers comprehensively the
terms on which the sale will take place and the date on which the sale will be completed. The
person transferring the property is called the Seller or the transferor and the person making
payment in order to get the property is called the Buyer or the transferee. It is governed by the
Registration Act and is an important document for both the buyer or the transferee and the seller
or the transferor. The purchase or sale of property is not legally complete until a sale deed is
signed between the buyer and the seller. Usually a sale deed is signed only after both the parties
are satisfied and comply with the terms and conditions as said in the agreement.

How to draft a Sale Deed

Steps involved in the transfer of property by way of Sale Deed are:

STEP 1: Understanding your requirement: Hire a lawyer and discuss your requirements with
him/ her.

STEP 2: Drafting: Based on your responses, the lawyer will draft the Sale Deed within 3
working days for your review and approval.

STEP 3: Printing of Sale Deed: After you’ve approved the draft of the sale deed, the Sale Deed
will be printed on a non-judicial stamp paper.

STEP 4: Fixing an appointment with the sub-registrar: The lawyer will make an appointment
with the sub-registrar’s office under whose jurisdiction the property is situated.

STEP 5: Registration of Sale Deed: You along with two witnesses and the lawyer will visit the
office of the sub-registrar to sign the document and get it registered by paying the registration
fees.

STEP 6: Registered Sale Deed: Once the deed is signed and registration charges are paid, the
registered sale deed shall be issued by the sub-registrar's office.

 Documents Required for Sale Deed Registration

 Draft of Sale Deed

 Power of Attorney, if any

 Building Plan sanctioned by the Statutory Authority

 Allotment Letter from the Builder/Co-Operative Society/Housing Board

 All title documents of the property owner

 A Copy of all registered previous agreements (in case of resale property)

 Latest tax paid receipts

 Latest electricity bill & receipt for the said property (in case of resale property)

 NOC from Apartment Association (in case of resale property)