Pranav Law Firm

 M g vishnu

 23 Years Exp

 Exchange Deed (Show More)

 Coimbatore , R.S.Puram East

 View Answers by this Partner (0)

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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.


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Name : M g vishnu

Law Firm Name : Pranav Law Firm

Country : India

City : Coimbatore

State : TAMIL NADU

Practicing Since: 2002

About Your Firm : Our Pranav Law Firm was established by Lr.M.G.Vishnu who is the Chief Advocate, Here into this service from 2002. Our purpose since our set up has been to offer a proactive, responsive and hassle free legal services to Indians and overseas Indians. He is a motivated, dedicated and an experienced lawyer working with the target of making our law firm as one of the best law firm in India. Our law firm has earned a good will of Local and International circles. The firm has its head office at Coimbatore and Related Workplaces in significant state capitals. The firm additionally has a working association with numerous worldwide law firms. Since its beginning, it continues to serve a different clientele, including domestic and overseas corporations, multinational companies and individuals.

Manpower/Employee Details

Sr Employee Associated Sr Employee Enrollment/Reg.No Sr Employee Enrollment/Reg.State
M G Vishnu 1728/2002 Coimbatore Bar Association, Tamilnadu
Jr Employee Associated Jr Employee Enrollment/Reg.No Jr Employee Enrollment/Reg.State
Kavitha 303/2003 Coimbatore Bar Association, Tamilnadu

 

  Land Sourcing ( Apartment/Builder Floor )
  Packages ( Villa Project )
  Agreements/Deeds(Bulk) ( Agreement of Sale with GPA & Possession )
  Land Sourcing ( Residential Layout )
  Packages ( Commercial complex )
  Agreements/Deeds(Bulk) ( Agreement for land sourcing )
  Land Sourcing ( Villa Project )
  Legal Opinion/Title Certification ( Apartment/Builder Floor )
  Agreements/Deeds(Bulk) ( Construction Agreement )
  Land Sourcing ( Commercial complex )
  Legal Opinion/Title Certification ( Residential Layout )
  Agreements/Deeds(Bulk) ( Sale Deed )
  Legal Opinion/Title Certification ( Villa Project )
  Procure Specific Property Document(s) ( Encumbrance Certificate )
  Legal Opinion/Title Certification ( Commercial complex )
  Procure Specific Property Document(s) ( Cerified copy of sale deed )
  Agreements/Deeds(Bulk) ( Memorandum of Understanding )
  Procure Specific Property Document(s) ( Certified copy of revenue document )
  Agreements/Deeds(Bulk) ( Joint Development Agreement )
  Procure Specific Property Document(s) ( Certified copy of registered documents )
  Agreements/Deeds(Bulk) ( Agreement of Sale )
  Power of Attorneys ( Drafting General Power of Attorney )
  Packages ( Apartment/Builder Floor )
  Power of Attorneys ( Drafting Special Power of Attorney )
  Packages ( Residential Layout )

 Legal & Drafting

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  Legal Opinion (Written) ( Plots )
  Property & Documents Inspection ( Plot/Site Insepction )
  Consultation on Property ( Property Selling )
  Agreements/Deeds ( Sale Agreement/Deed Review )
  Registration Assistance ( Apartment )
  Notary & Attestation Services ( Get A Document Notarised )
  Lease/Rental Agreements ( Residential Lease Agreement )
  Legal Opinion (Written) ( Apartment )
  Property & Documents Inspection ( House/Apartment Inspection )
  Procure Revenue Documents ( Encumbrance Certificate )
  Agreements/Deeds ( Construction Agreement Review )
  Registration Assistance ( Villas )
  Notary & Attestation Services ( Gazetted Officer Attestation )
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  Legal Opinion (Written) ( Villas )
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  Legal Opinion (Written) ( Independent House )
  Procure Revenue Documents ( Duplicate/Certified copy of sale deed )
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  Lease/Rental Agreements ( Car Parking Agreement )
  Legal Opinion (Written) ( Agriculture Land )
  Procure Revenue Documents ( Certified copy of revenue document )
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  Affidavits ( Personal Affidavits )
  Property & Documents Inspection ( Agriculture Land Inspection )
  Lease/Rental Agreements ( Settlement Of Rental Agreement )
  Legal Opinion (Written) ( Commercial Property )
  Agreements/Deeds ( Exchange Deed )
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  Legal Opinion (Written) ( Revenue/Other Site )
  Agreements/Deeds ( Release Deed )
  Power of Attorneys ( General Power of Attorney )
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  Packages ( Legal Opinion to Registration (Plot/Site) )
  Affidavits ( Passport Affidavits )
  Lease/Rental Agreements ( Leave And Licence )
  Agreements/Deeds ( Agreement of Sale )
  Agreements/Deeds ( Partition Deed )
  Power of Attorneys ( Special Power of Attorney )
  Lease/Rental Agreements ( House Rental agreement )
  Packages ( Sale Agreement to Registration (Plot/Site) )
  Affidavits ( Gas Affidavits )
  Lease/Rental Agreements ( NOC From Landlord )
  Agreements/Deeds ( Construction Agreement )
  Agreements/Deeds ( Memorandum of Understanding )
  Power of Attorneys ( Revoke/cancel Power of Attorney )
  Lease/Rental Agreements ( Commercial Office Rental Agreement )
  Packages ( Sale Agreement to Registration (Apartment) )
  Affidavits ( General Affidavits )
  Lease/Rental Agreements ( Other Lease/Rental Agreements )
  Agreements/Deeds ( Sale deed )
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  Wills ( Make A will )
  Lease/Rental Agreements ( Commercial Shop Rental Agreement )
  Packages ( Legal Opinion to Registration (Apartment) )
  Affidavits ( Other Affidavits )

 NRI Services

  Property Disputes ( Illegal Sale of Land And Property )
  Property Disputes ( Illegal Transfer of Land And Property )
  Property Disputes ( Illegal occupation of Land and Property )
  Landlord Tenant Disputes ( Landlord Tenant Disputes )
  Succession Certificate ( Succession Certificate )
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  Power of Attorneys for NRIs ( Special Power of Attorney by NRI )
  Buying Selling of Property in India ( Buying/Selling of Property in India )
  Property Search ( Land And Property Search )
  Investment/Realestate Claims ( Investment/Realestate Claims )
  Propert Transfer ( Land and Property Transfer )
  Property Partition ( Partition of Land And Property )

 Property Managers

  Residential Property Management ( Residential Land )
  Residential Property Management ( Individual House/Villa )
  Residential Property Management ( Independent/Builder Floor )
  Residential Property Management ( Farm House )
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  Residential Property Management ( Studio Apartment )
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  NRI Property Management ( NRI Residential Property Management )
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  Residential Property Management ( Repairs & Fixes & Maintenance )
  NRI Property Management ( Tenant Management )
  Residential Property Management ( Residential Apartments )
  NRI Property Management ( Rental Assistance )

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