G.N.REDDY

 G.NAGI REDDY

 19 Years Exp

 Exchange Deed (Show More)

 Krishna , Gannavaram

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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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Name : G.NAGI REDDY

Law Firm Name : G.N.REDDY

Country : India

City : Krishna

State : ANDHRA PRADESH

Practicing Since: 2006

About Your Firm : i am practising at vijayawada civil courts from the last 12 years in civil and criminal courts.

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 Legal & Drafting

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

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