jeevanarekha

 gunturi chandra mouli

 26 Years Exp

 Exchange Deed (Show More)

 West Godavari , Benerjipeta

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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 : gunturi chandra mouli

Law Firm Name : jeevanarekha

Country : India

City : West Godavari

State : ANDHRA PRADESH

Practicing Since: 1999

About Your Firm : good advises, best results in cases. dealing with civi, criminal, all verities of cases.

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  Procure Specific Property Document(s) ( Khata / Khata Extract )
  Agreements/Deeds(Bulk) ( Memorandum of Understanding )
  Procure Specific Property Document(s) ( Khata Certificate/Transfer )
  Agreements/Deeds(Bulk) ( Joint Development Agreement )
  Legal Opinion/Title Certification ( Villa Project )
  Procure Specific Property Document(s) ( Property Tax Paid Receipt )
  Agreements/Deeds(Bulk) ( Agreement of Sale )
  Legal Opinion/Title Certification ( Commercial complex )
  Procure Specific Property Document(s) ( RTC )
  Agreements/Deeds(Bulk) ( Agreement of Sale with GPA & Possession )
  Power of Attorneys ( Drafting General Power of Attorney )
  Procure Specific Property Document(s) ( Mutation )
  Agreements/Deeds(Bulk) ( Agreement for land sourcing )
  Power of Attorneys ( Drafting Special Power of Attorney )
  Procure Specific Property Document(s) ( Electricity Bill Name Transfer )
  Agreements/Deeds(Bulk) ( Construction Agreement )
  Land Sourcing ( Apartment/Builder Floor )
  Procure Specific Property Document(s) ( Cerified copy of sale deed )
  Agreements/Deeds(Bulk) ( Sale Deed )
  Land Sourcing ( Residential Layout )
  Procure Specific Property Document(s) ( Certified copy of revenue document )
  Forming Owners Associations/Societies ( Apartments )
  Land Sourcing ( Villa Project )
  Procure Specific Property Document(s) ( Certified copy of registered GPA/SPA )
  Legal Opinion/Title Certification ( Apartment/Builder Floor )
  Forming Owners Associations/Societies ( Layouts )
  Land Sourcing ( Commercial complex )
  Procure Specific Property Document(s) ( Certified copy of registered documents )
  Legal Opinion/Title Certification ( Residential Layout )
  Procure Specific Property Document(s) ( Encumbrance Certificate )
  Procure Specific Property Document(s) ( Occupancy Certificate )

 Legal & Drafting

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  Packages ( Legal Opinion to Registration (Plot/Site) )
  Agreements/Deeds ( Release Deed )
  Lease/Rental Agreements ( Office Sharing Agreement )
  Property & Documents Inspection ( Documents Inspection in Builder Office )
  Wills ( Make A Codicil )
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  Agreements/Deeds ( Agreement of Sale )
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  Packages ( Sale Agreement to Registration (Plot/Site) )
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  Power of Attorneys ( Revoke/cancel Power of Attorney )
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  Procure Revenue Documents ( Khata Certificate )
  Registration Assistance ( Commercial Property )
  Legal Opinion (Written) ( Apartment )
  Procure Revenue Documents ( Other Revenue Documents )
  Agreements/Deeds ( Exchange Deed )
  Lease/Rental Agreements ( Room Rental Agreement )
  Property & Documents Inspection ( Documents Inspection in Govt Office )
  Wills ( Make A will )
  Procure Revenue Documents ( Khata Transfer )
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 NRI Services

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 Property Managers

  NRI Property Management ( NRI Commercial property Management )
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  NRI Property Management ( NRI Residential Property Management )

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