SARKAR & ASSOCIATES

 RAJU SARKAR

 25 Years Exp

 Exchange Deed (Show More)

 Kolkata , Council House Street

 View Answers by this Partner (0)

 Profile Views : 41730

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

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

 NRI Services

  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 )
  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 )

No Answers Found