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Q.

What is Registered Sale Deed?

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1 2021-03-23T12:56:45+00:00
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Before selling your property it is important to know about legal formalities like what is registered sale deed, its importance, and its process.

 

The registered sale deed is a document that is proof of transfer of property rights. It is a verified document that proves that the property belonging to a seller has been transferred to a buyer. 

Importance of Registered Sale Deed:
  • A Registered sale deed creates transparency between the buyer and seller.

  • Reduces the risk of being exploited from the fraud sellers

  • Through the Registered sale deed, the information of buying and selling is recorded in legal documents, prescribed by law. 

Process of getting sale deed registered:
  • A legal expert or a lawyer will draft the sale deed.

  • The seller is required to pass the information to the concerned authorities that he/she is selling his/her property. Concerned authorities like RWA if it is a residential apartment.

  • After the information is passed and payment is done, the legal expert will start working on the preparation of the sale deed.

  • The seller is required to pay a registration fee which is different from state to state.

  • Two witnesses from each side (buyer and seller) will be required at the sub registrar's office at the time of registration. 

These are some important factors about registered sale deed.

When a property is registered for sale, a legally binding document known as a sale deed is signed. The buyer gets the property's rights and interests from the seller after registration. Now, coming to what is registered sale deed? A registered sale deed is a legal document that establishes the transfer of ownership of a property from the seller to the buyer. Let me share more details about it.

What is Sale Deed Registration?

It is one of the most important documents in property transactions and serves as proof of ownership. Let’s check out the contents of a registered sale deed:

  • Details of the seller and the buyer, including their names, addresses, and other identifying information.

  • A detailed description of the property being sold, including its location, size, and boundaries.

  • The agreed-upon sale price of the property and the mode of payment.

  • Any conditions or clauses agreed upon by the buyer and seller, such as the date of possession and any warranties or guarantees.

  • The sale deed must be signed by both parties and witnessed by at least two witnesses.

  • The sale deed must be registered with the local sub-registrar's office to make it legally valid. This involves paying the applicable stamp duty and registration fees.

Importance of Registered Sale Deed

Here is some importance of having registered sales deeds.

  • It serves as legal proof of ownership for the buyer.

  • It provides legal protection against disputes and claims on the property.

  • A registered sale deed is required for any future sale, mortgage, or transfer of the property.

I hope you found the above helpful information.

Get Your Sale Agreement Drafted or Verified from Legal Experts at NoBroker.

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What is the validity of sale deed registration?

 

A registered deed meaning is a legal document that serves as evidence of the transfer of ownership of immovable property (such as land, house, or apartment) from the seller (transferor) to the buyer (transferee). 

What is the Deed Registration Meaning?

Here are the key points about a registration deed meaning:

Purpose:

  • It establishes the legal title and ownership of the property.

  • It ensures transparency and prevents disputes.

Contents:

  • Details of the property (description, location, boundaries).

  • Names and addresses of the buyer and seller.

  • Sale consideration (purchase price).

  • Signatures of both parties.

  • Witnesses’ signatures.

  • Stamp duty payment details.

Registration Process:

  • The sale deed must be registered at the local Sub-Registrar’s Office.

  • Both parties (seller and buyer) must be present during registration.

  • The deed is signed, stamped, and recorded in the official records.

Importance:

  • A registered sale deed provides legal validity to the property transaction.

  • It protects the buyer’s rights and ensures authenticity.

I hope this helps you with what is registered deed.

Draft Your Sale Agreement and Sale Deed Via Legal Experts at NoBroker

Read More:

What is the difference between a sale deed and a settlement deed?

2 2023-04-10T09:19:54+00:00

A Sale Deed is a legal document that contains the details of a property and its owner as well. This is a mandatory document that needs to be registered during the sale or purchase of a property. Without doing the sale deed registration, the deed will not be considered a valid one so you must know the process to get it done. Read this answer to know the process and meaning in detail.

Get your sale deed verified by NoBroker’s legal experts now to avoid problems in the future 

What is deed registration?

Deed registration refers to the registration of a deed in a government office. It can be referred to an instrument by which legal recognition is given to a property after a sale transaction. So let me now share the sale deed registration process so that you can know how to do it.

 

How to register a sale deed?

I hope you java already understood the registered sale deed meaning and its relevance. To get the sale deed registered, three persons need to be present in the sub-registrar’s office-

  • The buyer

  • The seller

  • A witness

Once these three people are there, some documents will be needed to register the sale deed and those are-

  • The property documents

  • Stamp duty papers

  • Title deed

Registration fee is also to be paid. Once these are submitted and verified, the sub-registrar will register the deed. A

registered sale deed without possession will not turn down the right of the buyer to live there. If you buy a property but take possession of it after some time, it is okay. It is not mandatory to take possession of the property once the sale deed has been registered so do not worry about these aspects. Just get down with the legal procedures and that is all. 

The basic idea of what is sale deed registration and how it can be done must be clear to you now. 

  Read More:

What is the difference between the registration of agreement of sale and sale deed?

How to apply for certified copy of sale deed?

How to get sale deed copy online?

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