SALE/PURCHASE DOCUMENTS‘ Sale’ u/s 54 of Transfer of Property Act, 1882 has been defined as transfer of ownership in exchange for a price paid or promised or part paid and part promised. Documents in case of sale/purchase depend upon law applicable and type of the property such as lease hold, Free hold, Lal Dora etc.

Under Delhi Stamp (Prevention of Under Valuation of Instruments) Rules, 2007 it is necessary to take circle rates into consideration for properties within territorial jurisdiction of NCT of Delhi w.e.f 18/07/2007

SALE DEED Sale Deed is a document which is registered for sale of property in case of freehold properties. However, it may be registered in certain leasehold properties also where there is such provision. It grants clear title & complete ownership to the buyer/purchaser. It is compulsorily registered when transaction is for consideration between two persons.

CONVEYANCE DEED Conveyance Deed technically means any document through which a property is transferred from one person to another. However, in common usage it is a document which is registered when title of property is transferred from government to a person. It grants freehold status to the property.

AGREEMENT TO SELL Agreement to Sell or Deed of Agreement is registered for sale of leasehold property or when there is a promise to transfer in future. As the name specifies, Agreement to Sell is registered when the seller is not the absolute owner of the property & agrees to sell the property as the title vests with the government. Thus, it is agreed between the parties that whenever, in future, the clear title shall be given by the government, the concerned property shall be sold to the intended purchaser.

POWER OF ATTORNEY Power of Attorney is a document which grants the general/specific powers to the person in whose favor the document is executed. It can be related to a specific property or specific acts or both. A Power of Attorney having specifically few powers is called Special Power of Attorney (SPA) and that having generally all the powers is called the General Power of Attorney (GPA). In Both cases, attorney Holder is entitled to act on behalf of the Principal owner.

WILL Will means the declaration of the intention of a testator with respect to his property which he desires to be carried in to effect after his death. Though the registration of Will is not mandatory but a registered Will is the preferable mode to transfer your property and assets as per your wish. You can specify the division of your property and assets as per your wish.RELINQUISHMENT DEEDRelinquishment Deed is a document whereby a person releases his share or claim in a property. When the owner of a property dies and his/her legal heirs agree to relinquish (leave) their respective share of the concerned property in favor of one or more of the legal heirs, this document is made.

RECTIFICATION DEED When a document has been registered in the office of the Sub-Registrar and a mistake has been found in the same after it has been registered, it can be corrected only through Rectification Deed duly registered in the office of Sub-Registrar.