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Sale Agreement Of Flat In Mumbai

Sale Agreement Of Flat In Mumbai

Hello Sir, We are buying a resale property in the Moshi/Chikhali area. The bank`s lawyer as does a proposed divestment. In an audit with the sub-registrar`s office, they say that 5% of stamp duty is applicable. I was told to do a deed of sale instead to get the 3% stamp tax. If checked with the lawyer, I was told that for resale of the apartments is executed deed of Assignment and not deed sale or deed transfer. I need your advice. Are Sale Deed and Deed of Assignment the same? If not, how do they differ? Details:… Read more ” AND CONSIDÉRANTing that transfer n . B the taker. That they have owned the aforementioned dwelling with the five shares mentioned above and that they are members of that company, he wishes to surrender his right, title and interest in the dwelling in question, as well as the five shares and membership of that company and the ceding companies which are there, in order to acquire all the rights, titles and interests of the assignor in the dwelling in question, with five shares issued by Sir I to the purchaser. my owner is not ready to transfer the pcntda real estate process and he has completed the sale process and now he does not want to sell the property…. my bank had issued twice dd on his behalf…. and he decided to make the deal…

Thus, this case will be in my favour or the owner of the favor land (3) The doth ceding party hereby states: that the dwelling is free of any charge, claim and claim and that they are fully entitled to treat or surrender the same thing and undertake to retain the sellers The deed of sale is the most important legal document by which a seller transfers his property right to the buyer, who then acquires the absolute property. This absolute rule is subject to the exception of Section 53A of the Transfer of Ownership Act. Section 53A provides that the seller has no right to disturb the purchaser`s possession if the purchaser has entered into possession of the property that is the subject of the transfer, while fully acquiring its portion of the contractual obligation. It should be noted that Section 53A provides the proposed purchaser with a shield against the seller and prevents the seller from disrupting the purchaser`s property, but it does not cured the buyer`s property. The property`s ownership remains in the hands of the seller. I paid my consent to the sale full registration fee and stamp duty (5%) in August, which was required by the bank for the processing of loans, but my sale deed will be carried out in mid-September and now stamp duty has been reduced to 2%.