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 : K MONDAL

Law Firm Name : K MONDAL & ASSOCIATE ADVOCATES

Country : India

City : Kolkata

State : WEST BENGAL

Practicing Since: 2010

About Your Firm : We Have Been Providing Legal Support And Services To Our Clients For Last Few Decades In Kolkata & All Over India, Especially And Exclusively, In The Field HIGH COURT MATTERS and in the field of PROPERTY Verification, Searching, Registration, Drafting Of Document, Conveyance, Deed I.e Gift, Lease, Mortgage, Power Of Attorney, Documentation Etc With Pick Up Facilities Of Documents From Your Place. Our Lawyers Can Provide You Legal Services In The Following Areas: FAST SEARCHING AGREEMENTS POWER OF ATTORNEY PLAN SALE OF PROPERTY ACQUISITION MUTATION PROPERTY DEVELOPMENT ; PROPERTY INVESTMENT PROERTY MANAGEMENT SHARED OWNERSHIP PROPERTY DISPUTE & PROPERTY LITIGATION WILLS, TRUSTS AND PROBATE after Choosing A Property The Verification Of The Property Is Required. For The Proper Execution Of The Deed Of Conveyance/sale/gift/partition Etc One Must Take The Help Of An Experienced Lawyer Who Is Expertise In The Field Of Property Law And Also With Latest Updates Of Law. Our Experience Panel Of Lawyers Of Supreme Court, High Courts & District Courts Look After All The Property Relating Matters In Kolkata And All Over India. Our Property Lawyers Take Every Necessary Action For Every Single Case To Give The Best Result & Service To Our Dear Clients So That Our Valuable Clients Can Enjoy Their Property In Peace.

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

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

No Answers Found