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#A deed of conveyance full

The conveyance deed should state the exact date on which the property will be handed over to the buyer.Buyers have the option of having the conveyance deed checked at the local sub-registrar’s office. If a loan was taken against the property in question, then, the mortgage must be cleared before the conveyance deed is signed.The seller is required to certify that the property is free of any legal encumbrance.

See also: Real estate sale deed: Terms and conditions that home buyers should be aware of

#A deed of conveyance full

Any further applicable terms and conditions for the full transfer of ownership rights.

A memo of the consideration, stating how it has been received.

The method of delivery of the property to the buyer.

The full chain of titles, that is, all legal rights up to the present seller.

Other rights annexed to the property and its use.

The actual demarcation of the property.

See also: All about e stamping Contents of conveyance deed Therefore, the sale of a property is not complete without a conveyance deed. An agreement for sale does not, in itself, create any interest in or charge on a property. An agreement for sale contains a promise to transfer a property in question in future, on satisfaction of certain terms and conditions. It is important to note the difference between an agreement for sale and a sale/conveyance deed. Gift deed, exchange deed, mortgage deed and lease deeds are other types of conveyance deed.

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