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Q.

Whether original cancellation deed needs to be physically submitted or true copy will do? Seller needs original copy with themselves for their security, so we cannot submit originals. Can we have two agreements in such a case?

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When it comes to cancellation deeds in India, here’s what you need to know:

  1. Cancellation Deed:

    • A cancellation deed is used to

      terminate or cancel

      a previously registered property document, such as a sale deed.

    • It is essential to follow the legal process to cancel a deed properly.

  2. Original vs. True Copy:

    • Ideally, the

      original cancellation deed

      should be submitted for cancellation. However, there are situations where the original cannot be provided due to security concerns or other reasons.

    • In such cases, a

      certified or true copy

      of the cancellation deed can be submitted instead.

    • A true copy is a

      duplicate

      of the original document, certified by the competent authority. It holds the same legal validity as the original.

  3. Two Agreements:

    • Having

      two agreements

      (one original and one true copy) is not a common practice for cancellation deeds.

    • Instead, focus on creating a

      well-drafted cancellation deed

      that clearly states the reason for cancellation, property details, and the parties involved.

    • Ensure that the cancellation deed is

      properly stamped

      and follows the legal requirements.

  4. Process:

    • Draft the

      cancellation deed

      with all relevant details, including the reason for cancellation and property identification.

    • Pay the

      stamp duty

      for the deed.

    • Submit the

      cancellation deed

      (either original or true copy) to the relevant authorities.

    • If the court issues an order for cancellation, it will be recorded accordingly.

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