Bharath Law Chambers

 Jayaraj.KP

 35 Years Exp

 Exchange Deed (Show More)

 Thiruvananthapuram , Vanchiyur

 View Answers by this Partner (0)

 Profile Views : 21796

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.


Can't read the image? click here to refresh.

Enter the code :

Name : Jayaraj.KP

Law Firm Name : Bharath Law Chambers

Country : India

City : Thiruvananthapuram

State : KERALA

Practicing Since: 1990

About Your Firm : Leading Law Firm in Thiruvananthapuram dealing in Property matters,family law,personal law, documentation,building regulations,real estate law,apartment laws,consumer law,cheque bounce cases,money matters,banking law.

Manpower/Employee Details

Sr Employee Associated Sr Employee Enrollment/Reg.No Sr Employee Enrollment/Reg.State
Jayaraj.KP K/852/1990 Kerala
Jr Employee Associated Jr Employee Enrollment/Reg.No Jr Employee Enrollment/Reg.State
Santhosh.SP K/265/2004 Kerala

 Legal & Drafting

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

No Answers Found