Professional Documents
Culture Documents
The draft sale deed contains details of the parties, details of property in question, sale
consideration agreed upon, the advance amount paid, mode of payments, time limits for payment
of consideration, time for handing over the original documents of the property, time for handing
over the possession of the property, indemnity provisions for the parties etc. The draft sale deed
is prepared on non-judicial stamp paper of requisite value as prescribed by the Stamp Act of the
State concerned. The purchaser is liable to pay the Stamp duty in accordance with the applicable
stamp rules.
This DEED OF ABSOLUTE SALE is made and executed on this 5th day of ,
Two Thousand twenty.
BETWEEN
Sri XYZ, son/wife/daughter of Sri/Late _______________, aged about _______
years, holding PAN _____________, by Caste ________, by Nationality Indian,
residing at _____________________________________________,
hereinafter called the "SELLER" (which expression shall mean and include his
legal heirs, successors, successors-in-interest, executors, administrators, legal
representatives and assigns) of the ONE PART.
AND
Sri __________________________________, son of
_______________________, aged about _______ years, by
Caste __________, by Nationality Indian, holding PAN _____________, residing
at _____________________________________________,
hereinafter called the "PURCHASER" (which expression shall mean and include
his legal heirs, successors, successors-in-interest, executors, administrators, legal
representatives and assigns) of the OTHER PART.
The SELLER and the PURCHASER are hereinafter referred collectively as parties
and individually as party.