STAMP DUTY INSTRUCTIONS
Jurisdiction [State]
Stamp value Stamp duty as per applicable state Stamp Act on higher of sale consideration (₹0) and guideline value (₹0)
How Execute on stamp paper / e-stamp / franked paper as directed by the Sub-Registrar. Original stamp paper must be presented at the time of registration.
COMPULSORY REGISTRATION: This Sale Deed must be registered with the Sub-Registrar of Assurances (__GAP[sd_sro|SRO Koramangala, Bengaluru]__) under Section 17 of the Registration Act, 1908. Both parties must be present in person with original identity documents (Aadhaar, PAN).
SALE DEED THIS SALE DEED ("Deed") is made and executed on [DATE] at City , [STATE_NAME], by and between:
1. Suresh Kumar Sharma of Seller address (PAN: AABCS1234C ) (Aadhaar: 1234 5678 9012 ) and Sunita Sharma (wife) (hereinafter called the "VENDOR" / "SELLER", which expression shall include their heirs, successors, legal representatives, and assigns); AND
2. Priya Sharma of Buyer address (PAN: AABCP5678D ) (Aadhaar: 9876 5432 1098 ) and Rahul Sharma (husband) (hereinafter called the "PURCHASER" / "BUYER", which expression shall include their heirs, successors, legal representatives, and assigns).
1. Background and Title
The Vendor is the absolute owner of the residential flat / apartment described in the Schedule hereto ("Schedule Property"). The Vendor acquired the Schedule Property by virtue of Sale deed dated date, Doc No. no., Book I, CD No. no., registered at SRO name, by prior seller to seller. . The Schedule Property is free from all encumbrances except: Nil encumbrances as per EC for last 30 years. / Existing home loan of ₹X with Bank being discharged simultaneously.
2. Sale Consideration and Receipt
The Vendor has agreed to sell and the Purchaser has agreed to purchase the Schedule Property for a total sale consideration of ₹0 (Rupees [AMOUNT_IN_WORDS] only).
The sale consideration has been / is being paid as follows:
(c) Balance payable at / before registration: ₹0
The Vendor hereby acknowledges receipt of the full consideration of ₹0 and confirms that no further amount is outstanding.
3. Transfer of Title
In consideration of the sale consideration received in full, the Vendor hereby SELLS, CONVEYS, TRANSFERS, and ASSURES to the Purchaser, absolutely and forever, all the right, title, interest, claim, and demand of the Vendor in and over the Schedule Property, together with all easements, privileges, appurtenances, and rights attached thereto.
4. Delivery of Possession
The Vendor hereby delivers and the Purchaser hereby takes possession of the Schedule Property on [DATE] / simultaneously with the registration of this Deed. From the date of possession, the Purchaser shall be the sole and exclusive owner of the Schedule Property and shall be entitled to use, enjoy, sell, mortgage, or otherwise deal with the same in any manner the Purchaser deems fit.
5. Vendor's Covenants and Warranties
The Vendor hereby covenants, represents, and warrants that:
(a) the Vendor has absolute and clear title to the Schedule Property;
(b) the Schedule Property is free from all encumbrances, mortgages, charges, attachments, lis pendens, and claims of any nature, except as disclosed herein;
(c) all property taxes, electricity bills, water charges, society maintenance, and other dues in respect of the Schedule Property up to the date of sale have been / will be cleared by the Vendor;
(d) the Vendor has not entered into any prior agreement to sell or transfer the Schedule Property to any other person;
(e) there are no pending court disputes, government acquisitions, or public authority claims in respect of the Schedule Property;
(f) the Vendor will execute all further deeds, documents, and assurances at the Purchaser's cost as may be required to perfect the Purchaser's title.
6. Title Documents
The Vendor shall hand over all original title documents, approved plans, occupation certificate, share certificate (for co-operative society), property card, mutation register extract, and all other relevant records to the Purchaser on registration of this Deed.
7. Governing Law
This Deed is governed by the Transfer of Property Act 1882, the Registration Act 1908, and the laws of India. Disputes shall be subject to the jurisdiction of courts at City , [STATE_NAME].
SCHEDULE — DESCRIPTION OF THE PROPERTY All that piece and parcel of the residential flat / apartment known as:
Flat No. 302, 3rd Floor, Prestige Sunrise Tower, Survey No. 15/2, Koramangala 4th Block, Bengaluru – 560 034
Survey / CTS / Plot No.: Survey No. 15/2, Koramangala Village
Extent / Area: 950 sq ft super built-up area / 2,400 sq ft / 30×40 sq ft plot
Bounded on: East — [boundary]; West — [boundary]; North — [boundary]; South — [boundary].
Sale consideration ₹0
Guideline value ₹0
TDS (s.194-IA) N/A (< ₹50 lakh)
NRI seller No
Registration at SRO Koramangala, Bengaluru VENDOR / SELLER
__GAP[sd_seller_name|Suresh Kumar Sharma]__
__GAP[sd_seller_2_name|Sunita Sharma (wife)]__
[Signature]
______________________
PURCHASER / BUYER
__GAP[sd_buyer_name|Priya Sharma]__
__GAP[sd_buyer_2_name|Rahul Sharma (husband)]__
[Signature]
______________________
ATTESTING WITNESSES:
1. Name: ___________________ Signature: _______________ Address: _______________
2. Name: ___________________ Signature: _______________ Address: _______________