Lawacs

 Jaswant Singh

 8 Years Exp

 Exchange Deed (Show More)

 Gurgaon , Sohna

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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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Name : Jaswant Singh

Law Firm Name : Lawacs

Country : India

City : Gurgaon

State : HARYANA

Practicing Since: 2017

About Your Firm : We expertise in Civil matters, 138 matters as well as criminal matyers

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 Legal & Drafting

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

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