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 Vijaya Vasantha Kumari Y P

 41 Years Exp

 Exchange Deed (Show More)

 Bangalore , Attur

 View Answers by this Partner (0)

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  • Duration in Days 7-15 Days
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Information

Overview

As per provisions contains in Section 118 of Transfer of Property Act, when two persons mutually transfer the ownership of one thing for the ownership of another, neither thing or both the things being money only, such a transaction is called an exchange. This definition is not restricted to immovable property only.

Thus, exchange implies, when two separate property owners mutually agree to transfer the ownership rights by exchanging the property. Further, exchange also means exchange of lands and barter of goods too.

If one of the items that has been transferred in money, then it is not an exchange but sale, because sale should always be for a price. But money in one form can be exchanged for money in another.

In case of exchange, the transfer of ownership of one thing is not the price paid or promised to pay, but something else in lieu. For example: if a person transfers a land valued Rs.20,00,000/- to another and in return, the other person transfers a shop valued Rs.18,00,000/- and pay Rs.2,00,000/- in cash, it is an exchange.

This type of exchange transactions can be reduced into writing in the form of Property Exchange Deed. This Exchange Deed document for transfer of property rights need to be registered with the jurisdictional sub Registrar’s Office by paying prescribed stamp duty. While drafting the exchange deed and its registration including the document execution, its presentation and admission utmost care need to be taken, since this is a complex process.


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Reviews

Name : Vijaya Vasantha Kumari Y P

Law Firm Name : none

Country : India

City : Bangalore

State : KARNATAKA

Practicing Since: 1985

About Your Firm : Dealing with all kinds of civil, criminal , family matters . Filing cases before Revenue courts, Civil and session courts , Civil judges courts Bangalore rural district Bangalore, family courts and high court of Karnataka.

Manpower/Employee Details

Sr Employee Associated Sr Employee Enrollment/Reg.No Sr Employee Enrollment/Reg.State
Jr Employee Associated Jr Employee Enrollment/Reg.No Jr Employee Enrollment/Reg.State

 

  Land Sourcing ( Apartment/Builder Floor )
  Land Sourcing ( Residential Layout )
  Land Sourcing ( Villa Project )
  Land Sourcing ( Commercial complex )
  Procure Specific Property Document(s) ( Encumbrance Certificate )
  Legal Opinion/Title Certification ( Apartment/Builder Floor )
  Procure Specific Property Document(s) ( Khata / Khata Extract )
  Legal Opinion/Title Certification ( Residential Layout )
  Procure Specific Property Document(s) ( Khata Certificate/Transfer )
  Legal Opinion/Title Certification ( Villa Project )
  Procure Specific Property Document(s) ( Property Tax Paid Receipt )
  Legal Opinion/Title Certification ( Commercial complex )
  Procure Specific Property Document(s) ( RTC )
  Power of Attorneys ( Drafting General Power of Attorney )
  Procure Specific Property Document(s) ( Mutation )
  Power of Attorneys ( Drafting Special Power of Attorney )
  Procure Specific Property Document(s) ( Electricity Bill Name Transfer )

 Legal & Drafting

  Agreements/Deeds ( Release Deed )
  Legal Opinion (Written) ( Revenue/Other Site )
  Packages ( Legal Opinion to Registration (Plot/Site) )
  Lease/Rental Agreements ( Office Sharing Agreement )
  Property & Documents Inspection ( Documents Inspection in Builder Office )
  Agreements/Deeds ( Agreement of Sale )
  Procure Revenue Documents ( Mother Deed Extract )
  Agreements/Deeds ( Partition Deed )
  Affidavits ( Name & Address Affidavits )
  Packages ( Sale Agreement to Registration (Plot/Site) )
  Lease/Rental Agreements ( Car Parking Agreement )
  Property & Documents Inspection ( Fraud & forgery Inspection )
  Agreements/Deeds ( Construction Agreement )
  Procure Revenue Documents ( Copy of Grant Certificate )
  Agreements/Deeds ( Memorandum of Understanding )
  Affidavits ( Personal Affidavits )
  Packages ( Sale Agreement to Registration (Apartment) )
  Lease/Rental Agreements ( Settlement Of Rental Agreement )
  Property & Documents Inspection ( Agriculture Land Inspection )
  Agreements/Deeds ( Sale deed )
  Procure Revenue Documents ( Pahani/RTC )
  Agreements/Deeds ( Joint Development Agreement )
  Affidavits ( Student Affidavits )
  Packages ( Legal Opinion to Registration (Apartment) )
  Lease/Rental Agreements ( Paying Guest Agreement )
  Property & Documents Inspection ( Industrial / Commercial Inspection )
  Agreements/Deeds ( Gift Deed )
  Procure Revenue Documents ( Mutation )
  Lease/Rental Agreements ( Apartment Rental Agreement )
  Affidavits ( Passport Affidavits )
  Power of Attorneys ( General Power of Attorney )
  Lease/Rental Agreements ( Leave And Licence )
  Registration Assistance ( Plot )
  Agreements/Deeds ( Sale Agreement/Deed Review )
  Legal Opinion (Written) ( Plots )
  Procure Revenue Documents ( Electricity Bill Name Transfer )
  Lease/Rental Agreements ( House Rental agreement )
  Affidavits ( Gas Affidavits )
  Power of Attorneys ( Special Power of Attorney )
  Lease/Rental Agreements ( NOC From Landlord )
  Registration Assistance ( Apartment )
  Agreements/Deeds ( Construction Agreement Review )
  Legal Opinion (Written) ( Apartment )
  Procure Revenue Documents ( Duplicate/Certified copy of sale deed )
  Lease/Rental Agreements ( Commercial Office Rental Agreement )
  Affidavits ( General Affidavits )
  Power of Attorneys ( Revoke/cancel Power of Attorney )
  Lease/Rental Agreements ( Other Lease/Rental Agreements )
  Registration Assistance ( Villas )
  Agreements/Deeds ( Rectification Deed )
  Legal Opinion (Written) ( Villas )
  Procure Revenue Documents ( Certified copy of revenue document )
  Lease/Rental Agreements ( Commercial Shop Rental Agreement )
  Affidavits ( Other Affidavits )
  Wills ( Make A will )
  Procure Revenue Documents ( Encumbrance Certificate )
  Registration Assistance ( Independent House )
  Agreements/Deeds ( Relinquishment deed )
  Legal Opinion (Written) ( Independent House )
  Procure Revenue Documents ( Certified copy of registered GPA/SPA )
  Consultation on Property ( Property Buying )
  Lease/Rental Agreements ( Commercial Lease Agreement )
  Property & Documents Inspection ( Plot/Site Insepction )
  Procure Revenue Documents ( Khata Extract )
  Registration Assistance ( Agriculture Land )
  Agreements/Deeds ( Mortgage Deed )
  Legal Opinion (Written) ( Agriculture Land )
  Procure Revenue Documents ( Certified copy of registered documents )
  Consultation on Property ( Property Selling )
  Lease/Rental Agreements ( Residential Lease Agreement )
  Property & Documents Inspection ( House/Apartment Inspection )
  Procure Revenue Documents ( Khata Certificate )
  Registration Assistance ( Commercial Property )
  Agreements/Deeds ( Exchange Deed )
  Legal Opinion (Written) ( Commercial Property )
  Procure Revenue Documents ( Other Revenue Documents )
  Lease/Rental Agreements ( Room Rental Agreement )
  Property & Documents Inspection ( Documents Inspection in Govt Office )
  Procure Revenue Documents ( Khata Transfer )
  Registration Assistance ( Revenue/Other Site )

 NRI Services

  Propert Transfer ( Land and Property Transfer )
  Property Partition ( Partition of Land And Property )
  Landlord Tenant Disputes ( Landlord Tenant Disputes )
  Property Disputes ( Illegal Sale of Land And Property )
  Property Disputes ( Illegal Transfer of Land And Property )
  Property Disputes ( Illegal occupation of Land and Property )
  Buying Selling of Property in India ( Buying/Selling of Property in India )
  Investment/Realestate Claims ( Investment/Realestate Claims )
  Succession Certificate ( Succession Certificate )
  Power of Attorneys for NRIs ( General Power of Attorney by NRI )
  Property Search ( Land And Property Search )
  Power of Attorneys for NRIs ( Special Power of Attorney by NRI )

 Realtors

  RERA Consultation ( RERA Approved Agent )
  RERA Consultation ( RERA Consultant )
  RERA Consultation ( RERA Compliance Residential )
  Agents - Resdential ( Residential Plot )
  Agents - Resdential ( Residential Apartment )
  Agents - Resdential ( Residential House )
  Agents - Resdential ( Residential Villa )

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