SARKAR & ASSOCIATES

 RAJU SARKAR

 25 Years Exp

 Exchange Deed (Show More)

 Kolkata , Council House Street

 View Answers by this Partner (0)

 Profile Views : 48044

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 : RAJU SARKAR

Law Firm Name : SARKAR & ASSOCIATES

Country : India

City : Kolkata

State : WEST BENGAL

Practicing Since: 2000

About Your Firm : Searching- Title Verification & Encumbrance of property & others; Documentation- Agreement, Power of Attorney, Conveyance, Gift, Development Agreement, MOU, Plaint, Suit, Complaint, Written Statement, Argument, Objection, brief notes &etc; Registration- Any registrable document before any competent authority (RA.Cal, Alipur, Baruipur, Sonarpur, Canning, Barasat, Howrah, Bidhannagar, Krishnanagar, Tehatta;

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

 Legal & Drafting

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

 NRI Services

  Investment/Realestate Claims ( Investment/Realestate Claims )
  Succession Certificate ( Succession Certificate )
  Power of Attorneys for NRIs ( General Power of Attorney by NRI )
  Power of Attorneys for NRIs ( Special Power of Attorney by NRI )
  Property Search ( Land And Property Search )
  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 )
  Buying Selling of Property in India ( Buying/Selling of Property in India )

No Answers Found