SALE DEED
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THIS DEED OF ABSOLUTE SALE MADE AND EXECUTED AT CHENNAI, ON
THIS ____ DAY OF ____________, TWO THOUSAND AND SEVENTEEN,
BY:
1. Mr. ___________, son of Mr. __________, aged about ____________ years
residing at .________________________,(ID NO: ) (Mobile no )
hereinafter called the ‘VENDOR’.
TO AND IN FAVOUR OF
Mr. _______________, son of Mr. ____________, aged about ___________
years, residing at ________________________ ,
(ID NO: ) (Mobile no )hereinafter called the‘ PURCHASER’
The terms VENDOR and Purchaser, wherever it may occur shall mean and
include themselves, their heirs, legal representatives, executors, administrators and
assigns.
This Deed of sale WITNESSETH AS FOLLOWS
WHEREAS the VENDOR is the sole, legal, true absolute and exclusive OWNER of
the property viz., ……………………………….
which is more fully and particularly described in the schedule hereunder , which he
has purchased from and out of his own funds and savings, without any ancestral
nucleus, from Mr. _____________ vide a Deed of absolute sale dated
_______________, duly Registered on the file of the Sub Registrar, ___________,
as Document No.____________ of _____________, of Book I,
Ever since the VENDOR has been in continuous, uninterrupted peaceful
possession and enjoyment of the said property , with full powers of alienation,
without any let or hindrances, paying all taxes and outgoing payable to the
Government and Local Authorities and has got valid and marketable title to the said
property.
And Whereas the VENDOR has offered to sell and the Purchaser has also agreed to
buy the schedule mentioned property for a net sale consideration of
Rs._____________/- (Rupees _______________ only), free from all encumbrances,
for which sum the VENDOR has also agreed to convey the Sale Property, unto the
Purchaser free from all encumbrances.
NOW THIS DEED OF ABSOLUTE SALE WITNESSETH AS FOLLOWS:
In pursuance of the above said mutual agreement and in consideration of the sum of
Rs.______________/- (Rupees _____________ only), Paid by the Purchaser to the
VENDOR in the following manner:
a) A sum of Rs.________ /- (Rupees _____________ only), paid on -----------by-----
b) A sum of Rs.___________/- (Rupees ____________ only), paid on-----------by----
---
in all aggregating to Rs._________ /- (Rupees ______________ only), the receipt of
which sum the VENDOR doth hereby admit, acknowledge and acquit the Purchaser
from any further payments whatsoever.
The VENDOR doth hereby sell, convey, grant, transfer and assign, by way of
absolute sale to and in favour of the Purchaser herein the Sale Property which is
more fully and particularly described in the schedule hereunder , together with all
ways, waters, water courses, ditches easements, advantages, liberties, rights and
privileges, and all other appurtenances whatsoever appertaining thereto, to have
and to hold the same as absolute owner with all powers of alienation, .
THE VENDOR DOTH HEREBY FURTHER COVENANT WITH THE PURCHASER
AS FOLLOWS:
i) The VENDOR is the sole and absolute OWNER of the property hereby
conveyed and that he has perfect right, title and interest to convey the said
property to the Purchaser in the manner aforesaid and no other person
has got any right, title and interest to convey the said property to the
Purchaser in the manner aforesaid.
ii) The VENDOR doth hereby declare that there are no encumbrance, lien, trust,
attachment, claim, charge, whatsoever which is subsisting on the said
property and that the said property is not the subject matter of any
litigation or proceedings and is not charged in favour of any Court,
Revenue or other authority.
iii) The VENDOR doth hereby covenant with the Purchaser that the Purchaser
shall and may at all times hereafter quietly and peacefully possess and
enjoy the said property without any let or interruption or disturbances by
the VENDOR or by any one claiming through him.
iv) The VENDOR doth hereby covenant with the Purchaser that he and all
persons lawfully and equitably claiming title will from time to time and at all
times hereafter at the cost of the Purchaser execute and register all such
acts, deeds and things for further and more perfectly assuring the title of
the Purchaser in respect of the property hereby conveyed.
v) The VENDOR doth hereby covenant with the Purchaser that he shall sign and
execute any rectification at the expenses of purchaser that may be
necessary in order to make this sale absolute
vi) The VENDOR doth hereby covenant with the Purchaser that he has, this day
handed over to the Purchaser all documents and records pertaining to
the title of the schedule mentioned property.
vii) The VENDOR doth hereby declare that all taxes and other public charges
payable in respect of the schedule mentioned property hereby conveyed
has been paid up to this date and further covenant with the Purchaser that
there are no arrears of tax payable to Government or local body.
viii)The VENDOR doth hereby declare and assure the Purchaser that he shall
indemnify and shall keep indemnified the Purchaser against any loss or
damage that the Purchaser may be put to by reason of any kind of
encumbrance over the property.
ix) The VENDOR hereby expressly declares that the sale of property mentioned
in the schedule hereunder is not in violation of any law .
x) The VENDOR doth hereby covenant with the Purchaser that he shall sign and
execute any rectification at the expenses of purchaser that may be
necessary in order to make this sale absolute
xi) The VENDOR doth hereby covenant with the Purchaser that he shall also
sign and execute any letter or form that may be required for the mutation
of name in the revenue and Municipal Registry and transfer of Patta in
favour of the Purchaser or for such other purposes.
SCHEDULE OF PROPERTY
Present market value of the property:Rs.
IN WITNESS WHEREOF THE VENDOR AND THE PURCHASER HAVE SIGNED
THIS DEED , ON THE DAY, MONTH AND YEAR FIRST ABOVE WRITTEN, IN THE
PRESENCE OF THE FOLLOWING WITNESSES:
SIGNATURE OF SIGNATURE OF
THE PURCHASER. THE VENDOR.
Witnesses:
1.
2.
DRAFTED BY