SALE DEED

SALE DEED

This  deed  of  sale  is  executed  on  ________  day  of  __________  month  of

_____________ year by Sri./Smt.___________________, S/o./ W/o.________, occupation __________,

and aged __________ years, residing at____________________. hereinafter called the "SELLER".

In favour of

Sri./Smt.________________S/o./W/o.________,

occupation____________, aged ___years, residing at____________________________.hereinafter called the "PURCHASER".

Whereas, the term SELLER and PURCHASER, unless repugnant to the context shall mean and include there representatives heirs, successors, executors, administrators, trustees, legal representatives and assigns.

Whereas, the SELLER herein, is the sole and absolute owner of immovable property  bearing No.___________ known as _____________________ situated at ________________ and morefully described in the schedule hereunder written and hereinafter called the schedule property.

Whereas, the SELLER  is _____________ enjoyment of the schedule and absolute owner thereof. The absolute owner, having acquired the property, by  and since then SELLER has been in possession and property and paying taxes and levies thereon, as sole

Whereas the SELLER herein being desirous of selling the Schedule property due to the reason  ____________

Whereas the PURCHASER has agreed to purchase the schedule property in terms an oral / written agreement for a total sale consideration of Rs.____________

(Rupees________________________________________only) and the purchaser in terms of aforesaid oral / written agreement agreed to pay the entire sale consideration at the time of execution of the sale deed.

Whereas in consideration of the purchaser having paid the entire sale consideration Rs.____________Rupees_____________________________only)

as aforesaid the receipt of which has been duly acknowledged by the SELLER, who acquits the purchaser from making any further payment towards sale consideration, the SELLER, as beneficial owner, DOES HEREBY GRANT, CONVEY, TRANSFER, BY WAY SALE AND ASSIGN unto and in favour of the purchaser of the schedule property and every part thereof together with the right, title and interest therein, with all the benefits advantages, concessions, licenses, hereditaments, easementary rights, equities, claims, demands, privileges, appurtenances or any other things hidden in the earth belonging to or appurtenant thereto etc., attached to belonging to and reputed to belong to the Schedule property TO HOLD, TO POSSESS AND TO ENJOY the same forever free from all encumbrances, charges, all kinds of mortgage, agreement to sell, court litigation's and any other statutory charges.

Whereas the SELLER hereby declares and covenants with the purchaser that he is the sole and absolute owner of the Schedule property and has a clear, legally valid and marketable title thereto and therefore, an absolute right to sell and convey the same to the purchaser in terms of this deed. The SELLER further declares that he has not done any acts, deeds or things so as to curtail, restrict or prejudice his right to convey or prevent him from selling the Schedule property in terms of this deed.

Whereas the PURCHASER having now paid the entire sale consideration as detailed below, has requested the SELLER to execute the Sale deed in his favour and the SELLER has duly agreed thereto.

NOW THEREFORE THIS DEED OF ABSOLUTE SALE WITNESSETH AS HEREUNDER:

1.   The  SELLER  hereby  confirms  that  the  PURCHASER  has  paid  the  entire  sale

consideration as under:

 a.    Amount paid by Cheque No.___________

or in Cash on dated___________ Rs.______________

b.  Remaining amount paid by Cheque or D.D. or Pay order before Sub-Registrar at the time of Registration of this Sale deed Rs.______________     

     

Total                Rs.______________(Rupees_________________________only)

Whereas the SELLER hereby further declares that the schedule property is free from all encumbrances, lien, charge, mortgage, lease, court or other attachments, lis-pendens, acquisition and requisition proceedings, minor's claims or any other adverse  proceedings or   claims   from    third parties which  are   in   any    way detrimental to the interest of the PURCHASER

Whereas the SELLER hereby assures the PURCHASER that all taxes and levies on the Schedule property have been paid up to date and arrears if any, till the date of sale deed shall be duly paid by him and future taxes in respect of the Schedule property shall be paid by the PURCHASER.

Whereas the SELLER hereby declares and covenants with the PURCHASER that he shall do or cause to be done all acts, deeds and things which are legally or reasonably required to be done at the instance of the PURCHASER for morefully and perfectly assuring the right, title and interest of the PURCHASER in the schedule property herein conveyed and the PURCHASER shall bear such expenses.

Whereas  the   SELLER  hereby  indemnifies  and   keeps  the  PURCHASER or   his

successors-in-title fully indemnified against any loss or liability cost or claims, action or proceedings, if any should arise, at any time in future against him owing

to any defect in or for want of clear and marketable title or due to any defect, violation or non-compliance of any of the declarations or covenants herein.

Whereas the PURCHASER shall be the sole and absolute owner of the schedule property with attendant rights of ownership, possession, enjoyment and shall be entitled to deal with and dispose of the Schedule property as deems fit witho ut any interference, obstruction or hindrance from the SELLER or any one claiming under, through or in trust for him.

Whereas the SELLER has this day delivered the vacant possession of the schedule property to the PURCHASER along with all the available original title deeds and documents which are in his possession pertaining to or relating to the schedule property.

SCHEDULE OF THE PROPERTY

(Conveyed under this deed)

All the piece and parcel of immovable property  bearing No.____________

Measuring _______________

Bounded by:-

On the East

On the West

On the South

On the North 

Market value of the property conveyed under this deed is Rs._____________ (Rupees________________________only).

The Stamp duty is paid on the market value as computed above.

IN WITNESS WHEREOF the parties herein have affixed their respective signatures to this deed at _______________ on this ______________ day of

______________ year in presence of the witness:

WITNESSES:
1.	SELLER
2.	PURCHASER