Raghav Solution

 Uttam Tibrewal

 14 Years Exp

 Exchange Deed (Show More)

 Ranchi , Church Road

 View Answers by this Partner (2)

 Profile Views : 44984

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 : Uttam Tibrewal

Law Firm Name : Raghav Solution

Country : India

City : Ranchi

State : JHARKHAND

Practicing Since: 2011

About Your Firm : I am a lawyer practicing since 2011 and I understand the legal problems of my client and accordingly provide them the best legal solution available . At present I am providing legal assistance to various esteem organization .

Manpower/Employee Details

Sr Employee Associated Sr Employee Enrollment/Reg.No Sr Employee Enrollment/Reg.State
Vikramaditya Roy 1196/01 1196A/01
Jr Employee Associated Jr Employee Enrollment/Reg.No Jr Employee Enrollment/Reg.State

 

  Procure Specific Property Document(s) ( Cerified copy of sale deed )
  Agreements/Deeds(Bulk) ( Memorandum of Understanding )
  Agreements/Deeds(Bulk) ( Joint Development Agreement )
  Agreements/Deeds(Bulk) ( Agreement of Sale )
  Agreements/Deeds(Bulk) ( Agreement of Sale with GPA & Possession )
  Agreements/Deeds(Bulk) ( Agreement for land sourcing )
  Agreements/Deeds(Bulk) ( Sale Deed )
  Procure Specific Property Document(s) ( Khata / Khata Extract )
  Procure Specific Property Document(s) ( Property Tax Paid Receipt )
  Procure Specific Property Document(s) ( Mutation )

 Legal & Drafting

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

 NRI Services

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

 Realtors

  RERA Consultation ( RERA Consultant )
  RERA Consultation ( RERA Compliance Residential )
  Agents - Resdential ( Residential Plot )
  Agents - Resdential ( Residential House )
  Agents - Resdential ( Residential Villa )
  Agents - Resdential ( Residential Apartment )
  RERA Consultation ( RERA Approved Agent )

 Property Managers

  NRI Property Management ( Property Monitoring )
  NRI Property Management ( Property Buying/Selling )
  NRI Property Management ( Property Management Advisory )
  NRI Property Management ( NRI Residential Property Management )
  NRI Property Management ( NRI Commercial property Management )
  NRI Property Management ( Tenant Management )
  NRI Property Management ( Rental Assistance )

Subject :  Power of attorney of house
Question :  My house is on name of my grandmother. There are no any nominee or will or power of attorney of house. There is only dastaveg of house which is on name of my grandmother. But she is no alive. What is the prosidure to make that property on name of my grandfather. There are no any proof of marriage.

Answer by Raghav Solution :  Dear Client........... You have not mentioned how many legal heirs does your grandmother have........... All the legal heirs of your grandmother shall have right in the property left byher. for any query feel free to reply back with regards

Subject :  Property Fraud
Question :  I purchased 3 non-NA plots from a seller on the condition that he will NA those plots in next 3 months. After 3 months, he started making reasons that the land has some problems. He asked us to wait for some time. Now Its been 7 years and he is giving me the same reason. I requested him to at least pay the money back but he is unnecessarily delaying that for the past 1 year. The seller is neither interested in giving me the plots nor the money back. How can I file a case against that fraudulent seller? Or what could be the best way to recover my money?

Answer by Raghav Solution :  dear client............ you need to file a case for cheating and fraud............. file a complain case in the lower court