How to Write a Deed of Sale for Land?

Sale Deed Format

The sale deed must include the following elements or clauses:

• Involved Parties:

  The sale deed must identify the buyer and seller. 

  • The seller is the owner of the property or transfers ownership of the property.

  • The buyer is the person who acquires property ownership. 

  • If there are more than 1 seller or buyer, the selling deed should list every seller and buyer who is involved.

• Details of the executing parties:

  The land buyers' and sellers' names, ages, addresses, and phone numbers must be included in the sale deed.

• Detailed Land Description:

  The most important part is this one. The deed should have:

  • Plot with survey numbers

  • The precise area of land

  • Limitations on each of the four sides

  • Details of the village, taluk, and district

  • Land type (residential, agricultural, or transformed)

• Sale consideration:

  The sale deed must specify the agreed-upon sale price between the buyer and seller.

  • It should include the amount the buyer must pay the seller upon the sale document's execution. 

  • Additionally, the deed should mention any advance already paid.

• Payment terms:

  The method and date of payment should be specified by the parties. Payment may be made in installments or in a single sum. 

  • It is also crucial to include the payment method in the sale document, such as a demand draft, cheque, or online transfer. 

  • The date of each installment should be included in the deed if the sale price is paid in installments. 

  • The sale transaction's receipts ought to be included.

• Possession Clause:

  The date of land possession should be stated in the sale deed. The day on which the seller will hand over the land to the buyer is known as the date of possession.

• Transfer of the title:

  The date on which the buyer will receive ownership of the land should be included in the sale deed. The buyer must also get all land-related documents.

• Indemnity:

  Verify that there are no charges, lawsuits, or encumbrances on the property's title. 

  • It means that no one else has the authority to transfer the property to the buyer. 

  • Before the selling document is signed, the seller must pay all statutory fees, including property taxes, water and electricity bills, maintenance and society fees, and other obligations.

• Encumbrance certificate:

  The encumbrance certificate, which guarantees that the sold property is free from any financial or legal obligations, is a crucial component of the transaction.

• Execution, Witnesses, and Registration:

  The deed must be registered at the Sub-Registrar's office after being signed by both parties and a minimum of two witnesses. According to the Registration Act, ownership is legally transferred by registration.

Before drafting, make sure the seller's title is clear and marketable. Get the deed reviewed by a property lawyer before registration. This is all about how to write land sale deed.