Description
Sale Deed
In simple terms, a sale deed is a legal document. This document showcases the transfer of title, rights and ownership of a property from a seller to the buyer. It etails all the information about this transfer of ownership. It is essential to show legal proof that the property now belongs to the buyer.
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What is Sale Deed
In essence, a sale deed is a legal document that permits the seller or owner of the property to transfer ownership rights in the buyer’s name. Once the seller has drawn the sale deed draught, register the property at the neighbourhood sub-registrar office. Often times, people inquire as to whether registering a sale deed is necessary. Absolutely, it is essential to record the sale deed. The purchaser cannot, legally speaking, take possession of the property until a sale deed is recorded.
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