SALE DEED
Submitted toMs. Astha Srivastava (Faculty in-charge for Sale Deed)
Submitted byName – Meenakshi Prasad Enrollment No. – A3221512053 Course – B.B.A. L.L.B. (H.) Batch– 2012 – 2017 Semester– 8th semester Subject – Sale Deed (Drafting/Registration)
SALE DEED FOR RS. 50, 00,000 ======================== 1. Type of Deed
: Sale Deed
2. Name of Colony/Locality
: New friends colony, New Delhi
3. Category
: ‘A’
4. Total Covered Area of Portion Transferred
: 250 sq. meters
5. Total Plinth Area
: 365 sq. meters
6. Construction Year
: 1994
7. Type of Property (Residential or Commercial)
: Residential
8. (a)
Stamp Duty
: 6% (Circle rate) of Rs. 50,00,000/-
(b)
Corporation Tax
: 10% of Rs. 50,00,000/-
(c)
Total Stamps
: Rs. 3,00,000/-
9. E-stamp paper no.
: A2139730578937
SALE DEED THIS SALE DEED is executed on this 5th day of September 2014 BY Shri Badal Jardon, S/o Shri Manohar Jardon R/o. House No. 13, New friends colony, New Delhi – 110056 (hereinafter called “the Seller ”, which expression shall mean and include her heirs, successors, legal representatives, administrators, executors, nominees and assigns) IN FAVOUR OF Shri Mahender Singh S/o. Shri Rajender Singh r/o House Number 981, Sector D pocket 3, Vasant Kunj, New Delhi – 110070 (hereinafter collectively called “the Purchaser”, which expression shall mean and include her heirs, successors, legal representatives, administrators, executors, nominees and assigns). WHEREAS Property bearing no. House No. 13, New Friends Colony, New Delhi – 110056, area measuring 250 sq. meters, situated at New friends Colony, New Delhi (“hereinafter referred to as the “said property”), was allotted to Shri Bhishamber Lal S/o Sh. Jyoti Kiran Lala vide allotment letter dated 18.03.1998 by the Delhi Development Authority. AND WHEREAS Shri Bhishamber Lal S/o Sh. Jyoti Kiran Lala got the property converted from leasehold to freehold vide conveyance deed duly registered as document number 45 in Addl. Book No. I, Volume No. III on page nos. 667 dated 19.04.1998 before Sub-Registrar-V, New Delhi. AND WHEREAS the said property was purchased by the Seller Shri Bhishamber Lal S/o Sh. Jyoti Kiran Lala from vide Sale Deed dated 20.10.2000 duly registered vide document No. 45 in Book No. 1, Vol. No. II , pages 900 , registered on 20.11.2000 with Sub Registrar V, New Delhi. AND WHEREAS the Seller for her bonafide needs and requirements agreed to sell the said property for a total consideration of Rs. 50,00,000/- , to the Purchaser, upon the terms and conditions recorded in this Sale Deed.
NOW THIS SALE DEED WITNESSETH AS UNDER: 1
That the Purchaser have paid full and final sale consideration of Rs.50,00,000/- to the Seller in the following manner: i
Rs. 45,00,000 through bank transfer
ii
Rs. 5,00,000 on updating on the land record with the sub-registrar
2
That in consideration of the aforesaid amount, the Seller doth hereby sell, convey, transfer, assign, assure, grant by way of absolute sale, all the right, title and interest in the said property unto the Purchaser to have and hold the same absolutely and forever.
3
The receipt of the above said entire consideration is hereby confirmed, acknowledged and admitted by the Seller, in respect of sale of the said property, in full and final.
4
That the actual physical vacant possession of the Said Property has been delivered by the Seller to the Purchaser, on the spot. Now the Seller has been left with no right, title, interest, claim or concern of any nature with the Said Property and the Purchaser have become the absolute owner of the said property with full right to use, enjoy, sell and transfer the same as absolute owner without any hindrance or objection by the Seller or any other person claiming under her.
5
That the Seller hereby assure the Vendee that he has neither done nor been party to any act whereby her rights and title to the Said Property may in any way be impaired or whereby he may be prevented from transferring the Said Property.
6
That the Seller hereby declare and represent that the Said Property is not subject matter of any HUF and that no part of the Said Property is owned by any minor.
7
That the Seller assures the Vendee that the Said Property is free from all kinds of encumbrances such as sale, gift, mortgage, disputes, litigation, acquisition, attachment in the decree of any court, lien, court injunction, Will, Trust, Exchange, Lease, legal flaws, claims, prior Agreement to Sell etc. etc. and if it is ever proved otherwise, or if the whole or any portion of the Said Property is ever taken away or goes out from the possession of the Vendee on account of any legal defect in the ownership and title of the Seller , then the Seller will be liable and responsible to make good the loss suffered by the Vendee and keep the Vendee indemnified, saved and harmless against all such losses, costs, damages and expenses accruing thereby to the Vendee.
8
That the water, electricity charges, house tax and other dues and demands if any payable in respect of the Said Property shall be paid by the Seller up to the date
of the registration of this Sale Deed and thereafter the Vendee will be responsible for the payment of the same. 9
That the Seller do hereby grant to the Purchaser all rights, interests and title in the said property along with rights, easements, privileges, appurtenances, whatsoever, belonging to or enjoyed therewith or appurtenant thereof, together with rights in fixtures, fittings, electricity and water connections etc., and to have and to hold the same unto the Purchaser absolutely and forever.
10 That the Seller has handed over/delivered all the originals of the relevant title deeds and other documents pertaining to the said property, to the Purchaser. 11 That the Purchaser can get the said property transferred, mutated and assessed in their own name in the records of MCD and other concerned authorities on the basis of this Sale Deed or its certified true copy. 12 All expenses of stamp duty and all other charges for registration of Sale Deed have been paid and borne by the Purchaser.
IN WITNESSES WHEREOF the parties have signed and executed this Sale Deed on the day, month and year above written in the presence of: -
SELLER WITNESSES: 1. Ms. Ambika Jaiswal PURCHASER
2. Mr. Ambrish Jaiswal
