Document background
The Deed of Sale and Deed of Absolute Sale is a fundamental legal instrument in Indian property law, used to document and effectuate the transfer of immovable property. This document is essential when there is a permanent and complete transfer of property ownership, distinguishing it from other property documents like lease deeds or development agreements. It must comply with the Transfer of Property Act, 1882, the Registration Act, 1908, and state-specific stamp duty laws. The deed includes crucial details such as party information, property description, consideration amount, payment terms, and various warranties and covenants. It serves as the primary evidence of the transaction and must be registered with the appropriate Sub-Registrar's office. The document is particularly important as it provides conclusive proof of ownership transfer and protects both parties' interests in the transaction.
