Irtiza M. Salaria & Associates. Advocates & L
Irtiza Mushtaq
13 Years Exp
Exchange Deed (Show More)
Jammu , Bain Bajalta
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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 : Irtiza Mushtaq
Law Firm Name : Irtiza M. Salaria & Associates. Advocates & L
Country : India
City : Jammu
State : JAMMU & KASHMIR
Practicing Since: 2012
About Your Firm : Deals in cases regarding real estate, all criminal cases and also cases under Negotiable Instruments Act
| 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 Opinion/Title Certification ( Villa Project )
Project Approvals ( Villa Project )
Procure Specific Property Document(s) ( Certified copy of revenue document )
Legal Opinion/Title Certification ( Commercial complex )
Project Approvals ( Commercial complex )
Procure Specific Property Document(s) ( Certified copy of registered GPA/SPA )
Agreements/Deeds(Bulk) ( Memorandum of Understanding )
Project Approvals ( Conversion of Land )
Procure Specific Property Document(s) ( Certified copy of registered documents )
Agreements/Deeds(Bulk) ( Joint Development Agreement )
Procure Specific Property Document(s) ( Encumbrance Certificate )
Procure Specific Property Document(s) ( Occupancy Certificate )
Agreements/Deeds(Bulk) ( Agreement of Sale )
Procure Specific Property Document(s) ( Khata / Khata Extract )
Power of Attorneys ( Drafting General Power of Attorney )
Packages ( Apartment/Builder Floor )
Agreements/Deeds(Bulk) ( Agreement of Sale with GPA & Possession )
Procure Specific Property Document(s) ( Khata Certificate/Transfer )
CREDAI Registration ( CREDAI Registration Assistance )
Packages ( Residential Layout )
Agreements/Deeds(Bulk) ( Agreement for land sourcing )
Procure Specific Property Document(s) ( Property Tax Paid Receipt )
Forming Owners Associations/Societies ( Apartments )
Packages ( Villa Project )
Agreements/Deeds(Bulk) ( Construction Agreement )
Procure Specific Property Document(s) ( RTC )
Forming Owners Associations/Societies ( Layouts )
Packages ( Commercial complex )
Agreements/Deeds(Bulk) ( Sale Deed )
Procure Specific Property Document(s) ( Mutation )
Land Sourcing ( Apartment/Builder Floor )
Legal Opinion/Title Certification ( Apartment/Builder Floor )
Project Approvals ( Apartment/Builder Floor )
Procure Specific Property Document(s) ( Electricity Bill Name Transfer )
Land Sourcing ( Villa Project )
Legal Opinion/Title Certification ( Residential Layout )
Project Approvals ( Residential Layout )
Procure Specific Property Document(s) ( Cerified copy of sale deed )
Legal & Drafting
Procure Revenue Documents ( Mother Deed Extract )
Agreements/Deeds ( Exchange Deed )
Property & Documents Inspection ( House/Apartment Inspection )
Power of Attorneys ( Special Power of Attorney )
Registration Assistance ( Revenue/Other Site )
Lease/Rental Agreements ( Paying Guest Agreement )
Legal Opinion (Written) ( Revenue/Other Site )
Utility/Property Payments ( Water Bill Payment )
Procure Revenue Documents ( Copy of Grant Certificate )
Agreements/Deeds ( Release Deed )
Property & Documents Inspection ( Documents Inspection in Govt Office )
Packages ( Legal Opinion to Registration (Plot/Site) )
Power of Attorneys ( Revoke/cancel Power of Attorney )
Lease/Rental Agreements ( Apartment Rental Agreement )
Lease/Rental Agreements ( Leave And Licence )
Agreements/Deeds ( Agreement of Sale )
Affidavits ( Name & Address Affidavits )
Procure Revenue Documents ( Pahani/RTC )
Agreements/Deeds ( Partition Deed )
Property & Documents Inspection ( Documents Inspection in Builder Office )
Packages ( Sale Agreement to Registration (Plot/Site) )
Construction Approvals ( Residential )
Lease/Rental Agreements ( House Rental agreement )
Lease/Rental Agreements ( NOC From Landlord )
Agreements/Deeds ( Construction Agreement )
Affidavits ( Personal Affidavits )
Procure Revenue Documents ( Mutation )
Agreements/Deeds ( Memorandum of Understanding )
Property & Documents Inspection ( Fraud & forgery Inspection )
Packages ( Sale Agreement to Registration (Apartment) )
Construction Approvals ( Commercial )
Lease/Rental Agreements ( Commercial Office Rental Agreement )
Lease/Rental Agreements ( Other Lease/Rental Agreements )
Agreements/Deeds ( Sale deed )
Affidavits ( Student Affidavits )
Procure Revenue Documents ( Electricity Bill Name Transfer )
Agreements/Deeds ( Joint Development Agreement )
Property & Documents Inspection ( Agriculture Land Inspection )
Packages ( Legal Opinion to Registration (Apartment) )
Wills ( Make A will )
Lease/Rental Agreements ( Commercial Shop Rental Agreement )
Consultation on Property ( Property Buying )
Agreements/Deeds ( Gift Deed )
Affidavits ( Passport Affidavits )
Procure Revenue Documents ( Duplicate/Certified copy of sale deed )
Registration Assistance ( Plot )
Property & Documents Inspection ( Industrial / Commercial Inspection )
Legal Opinion (Written) ( Plots )
Wills ( Make A Codicil )
Lease/Rental Agreements ( Commercial Lease Agreement )
Consultation on Property ( Property Selling )
Agreements/Deeds ( Sale Agreement/Deed Review )
Affidavits ( Gas Affidavits )
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 )
Procure Revenue Documents ( Encumbrance Certificate )
Agreements/Deeds ( Construction Agreement Review )
Affidavits ( General Affidavits )
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 )
Procure Revenue Documents ( Khata Extract )
Agreements/Deeds ( Rectification Deed )
Affidavits ( Other Affidavits )
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 )
Procure Revenue Documents ( Khata Certificate )
Agreements/Deeds ( Relinquishment deed )
e-stamp paper ( Get E-stamp paper )
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 )
Procure Revenue Documents ( Khata Transfer )
Agreements/Deeds ( Mortgage Deed )
Property & Documents Inspection ( Plot/Site Insepction )
Power of Attorneys ( General Power of Attorney )
Registration Assistance ( Commercial Property )
Lease/Rental Agreements ( Settlement Of Rental Agreement )
Legal Opinion (Written) ( Commercial Property )
Utility/Property Payments ( Electricity Bill Payment )
NRI Services
Property Disputes ( Illegal occupation of Land and Property )
Landlord Tenant Disputes ( Landlord Tenant Disputes )
Succession Certificate ( Succession Certificate )
Power of Attorneys for NRIs ( General Power of Attorney by NRI )
Property Search ( Land And Property Search )
Buying Selling of Property in India ( Buying/Selling of Property in India )
Propert Transfer ( Land and Property Transfer )
Investment/Realestate Claims ( Investment/Realestate Claims )
Property Partition ( Partition of Land And Property )
Property Disputes ( Illegal Sale of Land And Property )
Property Disputes ( Illegal Transfer of Land And Property )
Corporate Services
SEZ Approvals ( Software Technology Parks )
SEZ Approvals ( Electronic Hardware Technology Parks )
SEZ Approvals ( Export Oriented Units )
SEZ Approvals ( Bio-Technology Parks )
SEZ Approvals ( Special Economic zones )
SEZ Approvals ( Integrated townships )
SEZ Approvals ( Malls )
Realtors
Agents - Resdential ( Residential Plot )
Agents - Resdential ( Residential House )
Agents - Resdential ( Residential Villa )
Agents - Resdential ( Residential Apartment )
RERA Consultation ( RERA Approved Agent )
RERA Consultation ( RERA Consultant )
RERA Consultation ( RERA Compliance Residential )
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