A conveyance deed is a document that is presented to assert legal ownership on a movable or immovable property to the other party. This legal document is a proof of transfer of ownership whenever the act of selling, gifting, mortgaging, leasing or exchanging takes place in the favour of the buyer. As mentioned above, a conveyance deed is an important document and here is why conveyance deed is required. Since the document records transfer of ownership of properties, it acts a bank of the following information:
All the property details with detailed demarcation of boundaries
Rights and rules for the property and its usage
It has record of chain of title and all the legal rights of present seller
It records the method of delivery of the property, i.e., selling, gifting, mortgaging, leasing, etc.
A declaration and memo of consideration about the receipt of property
All the terms and conditions related to property are listed in a conveyance deed.
Now that you know the importance of conveyance deed, here is a list of documents required to be submitted to the sub-registrar in your area along with the conveyance deed.
Registered sale agreement
Mutation entries/ Property card
Property location plan
City survey plan
Property layout documents
Approved building or structure plan
Commencement Certificate
Completion Certificate
Occupancy Certificate
Proof of payment of Stamp Duty
Registration proof
If you are in the process of buying or selling a property and are struggling to get the right legal guidance, you can check outNoBroker Legal Assistance PlansThey have 3 packages, you can check them for your needs. I think it will be way easier to get things done by experts on one line than looking for agents who charge hefty amounts to bring in information.
Post
Question
Why conveyance deed is required?
Sushant
✔In Progress
👁2401
Views
April 7, 2021
2021-04-07T13:44:38+00:00 2021-04-07T14:16:47+00:00Comment
1
Answers
Documentation
Share