PARMAR & Associates

 Kirti Parmar

 12 Years Exp

 Exchange Deed (Show More)

 East Delhi , Chilla

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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 : Kirti Parmar

Law Firm Name : PARMAR & Associates

Country : India

City : East Delhi

State : DELHI

Practicing Since: 2013

About Your Firm : We provide all sort of legal assistance.

Manpower/Employee Details

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Jr Employee Associated Jr Employee Enrollment/Reg.No Jr Employee Enrollment/Reg.State

 Legal & Drafting

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

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