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Sale Deed Of Flat
"I need a Sale Deed of Flat for purchasing a 2BHK apartment in Mumbai for Rs. 1.5 crore, with 20% payment on January 15, 2025, and remaining 80% on possession in March 2025; seller requires specific clauses about maintenance deposit transfer and parking space allocation."
1. Parties: Details of the seller(s) and purchaser(s) including names, ages, addresses, and legal capacity
2. Background: Brief history of property ownership and context of the current sale
3. Definitions: Definitions of key terms used throughout the deed
4. Property Description: Detailed description of the flat including exact location, measurements, and boundaries
5. Title and Ownership: Seller's declaration of clear title and right to sell the property
6. Consideration: Purchase price and payment terms including method and timing of payments
7. Possession: Terms and conditions regarding transfer of possession
8. Seller's Representations and Warranties: Warranties regarding title, encumbrances, pending litigation, etc.
9. Purchaser's Covenants: Purchaser's obligations and commitments
10. Municipal Dues and Outgoings: Statement regarding payment of taxes, utilities, and other dues
11. Registration and Expenses: Responsibilities for registration costs, stamp duty, and other expenses
12. Governing Law and Jurisdiction: Applicable laws and courts having jurisdiction
13. Execution: Signatures of parties and witnesses
1. Power of Attorney: Required when any party is represented through Power of Attorney
2. Society Membership: Details of housing society membership transfer, if property is part of a housing society
3. Loan and Mortgage: Include when property purchase involves bank financing
4. Car Parking: Details of parking space allocation if included in sale
5. Force Majeure: Include for protection against unforeseen circumstances preventing completion
6. Previous Agreements: Required when superseding any previous agreements regarding the same property
7. Joint Ownership Terms: Include when property is being purchased by multiple owners
1. Schedule A - Property Details: Detailed description of property including measurements, boundaries, and floor plan
2. Schedule B - Payment Schedule: Detailed breakdown of payment terms and installments
3. Schedule C - List of Documents: List of title and other documents handed over to purchaser
4. Schedule D - Amenities and Fixtures: List of fixtures, fittings, and amenities included in sale
5. Schedule E - Encumbrances: Details of any existing encumbrances, if any
6. Appendix 1 - Property Cards/Tax Receipts: Copies of property cards, tax receipts, and other relevant documents
7. Appendix 2 - Chain of Title Documents: Copies of previous ownership documents showing clear chain of title
Authors
The Building
The Society
The Seller
The Purchaser
Flat
Common Areas
Carpet Area
Built-up Area
Super Built-up Area
Consideration
Completion Date
Possession
Title Deeds
Encumbrances
Municipal Authority
Competent Authority
Stamp Duty
Registration Charges
Transfer Date
Fixtures and Fittings
Amenities
Car Parking Space
Society Charges
Maintenance Charges
Property Tax
Occupancy Certificate
Force Majeure
Bank Loan
Authorized Representative
Business Day
Applicable Laws
Completion Certificate
Schedule of Property
Title
Consideration
Payment Terms
Possession
Representations and Warranties
Covenants
Indemnification
Registration and Stamp Duty
Property Transfer
Common Areas
Maintenance
Society Membership
Utilities
Tax Obligations
Insurance
Force Majeure
Dispute Resolution
Governing Law
Notices
Assignment
Severability
Entire Agreement
Amendment
Succession
Execution
Real Estate
Banking & Finance
Legal Services
Construction
Property Development
Housing & Urban Development
Financial Services
Public Administration
Insurance
Legal
Real Estate
Property Management
Compliance
Documentation
Finance
Risk Management
Operations
Customer Service
Administration
Legal Counsel
Property Lawyer
Real Estate Manager
Property Registration Officer
Real Estate Agent
Mortgage Officer
Property Valuer
Compliance Officer
Title Insurance Officer
Property Documentation Specialist
Real Estate Transaction Manager
Legal Documentation Executive
Property Due Diligence Officer
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