Sale Deed also called as conveyance deed or final deed. It is a legal document used as evidence for property transaction for sale and transfer of property from owner to the buyer. It’s also proof that the buyer is the absolute owner of the said property. The sale deed is writing legally, which transfers the ownership rights of a property from Owner to buyer. It’s made while the sale or purchase of land, plots or any construction work made on it

In sale deed, the person who is selling the land or property is known as the seller or transferor and the person who is buying it is called as buyer or transferee. Sale deed includes the final deal price of the property, accepted mode of payment either it’s cash payment or transfer from the bank account and time of handing over the possession of the property with the original documents. It is also proof that the buyer is the outright owner of the said property.

Execution of Sale Deed:

The sale deed takes place by signing or by thumb impressions of both parties. Every page of Sale Deed is must sign by both parties and any modification made later has to be verified by both the parties.

Registration of Sale Deed:

Every sale of real estate property whose value more than Rs. 100/- requires compulsory registration in order to make the execution of sale valid. As per Registration of Property Act, 1908 section 17, both parties are required to be present before the jurisdictional sub registrar’s office within four months of the execution of the Sale Deed along with all the original documents.

Stamp duty is paid by the buyer as per the stamp duty rates of the respective state. After this, the registered copy of the sale deed is handed over to the purchaser by the sub-registrar office. Once the registration of the Sale Deed gets done then all the original documents related to the property are handed over to the buyer by the sub-registrar.