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SARAVANA
SARAVANAKUMAR
15 Years Exp
Exchange Deed (Show More)
Coimbatore , CBE Mpl.Central Busstand
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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.
Photos
Name : SARAVANAKUMAR
Law Firm Name : SARAVANA
Country : India
City : Coimbatore
State : TAMIL NADU
Practicing Since: 2010
About Your Firm : We handling legal opinions and vetting of documents
| 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 |
Agreements/Deeds(Bulk) ( Agreement of Sale with GPA & Possession )
Packages ( Commercial complex )
Agreements/Deeds(Bulk) ( Agreement for land sourcing )
Legal Opinion/Title Certification ( Apartment/Builder Floor )
Agreements/Deeds(Bulk) ( Construction Agreement )
Legal Opinion/Title Certification ( Residential Layout )
Agreements/Deeds(Bulk) ( Sale Deed )
Legal Opinion/Title Certification ( Villa Project )
Legal Opinion/Title Certification ( Commercial complex )
Power of Attorneys ( Drafting General Power of Attorney )
Power of Attorneys ( Drafting Special Power of Attorney )
Agreements/Deeds(Bulk) ( Memorandum of Understanding )
Packages ( Apartment/Builder Floor )
Agreements/Deeds(Bulk) ( Joint Development Agreement )
Packages ( Residential Layout )
Agreements/Deeds(Bulk) ( Agreement of Sale )
Packages ( Villa Project )
Legal & Drafting
Registration Assistance ( Apartment )
Lease/Rental Agreements ( NOC From Landlord )
Wills ( Make A will )
Agreements/Deeds ( Construction Agreement Review )
Legal Opinion (Written) ( Apartment )
Affidavits ( General Affidavits )
Lease/Rental Agreements ( Commercial Office Rental Agreement )
Registration Assistance ( Villas )
Lease/Rental Agreements ( Other Lease/Rental Agreements )
Wills ( Make A Codicil )
Agreements/Deeds ( Rectification Deed )
Legal Opinion (Written) ( Villas )
Affidavits ( Other Affidavits )
Lease/Rental Agreements ( Commercial Shop Rental Agreement )
Registration Assistance ( Independent House )
Procure Revenue Documents ( Encumbrance Certificate )
Construction Approvals ( Residential )
Agreements/Deeds ( Relinquishment deed )
Legal Opinion (Written) ( Independent House )
Property & Documents Inspection ( Plot/Site Insepction )
Lease/Rental Agreements ( Commercial Lease Agreement )
Procure Revenue Documents ( Certified copy of registered documents )
Registration Assistance ( Agriculture Land )
Construction Approvals ( Commercial )
Agreements/Deeds ( Mortgage Deed )
Legal Opinion (Written) ( Agriculture Land )
Property & Documents Inspection ( House/Apartment Inspection )
Lease/Rental Agreements ( Residential Lease Agreement )
Packages ( Legal Opinion to Registration (Plot/Site) )
Registration Assistance ( Commercial Property )
Notary & Attestation Services ( Get A Document Notarised )
Agreements/Deeds ( Exchange Deed )
Legal Opinion (Written) ( Commercial Property )
Property & Documents Inspection ( Documents Inspection in Govt Office )
Lease/Rental Agreements ( Room Rental Agreement )
Packages ( Sale Agreement to Registration (Plot/Site) )
Registration Assistance ( Revenue/Other Site )
Legal Opinion (Written) ( Revenue/Other Site )
Notary & Attestation Services ( Tenant Police Verification )
Agreements/Deeds ( Release Deed )
Property & Documents Inspection ( Documents Inspection in Builder Office )
Lease/Rental Agreements ( Office Sharing Agreement )
Packages ( Sale Agreement to Registration (Apartment) )
Agreements/Deeds ( Agreement of Sale )
Affidavits ( Name & Address Affidavits )
Agreements/Deeds ( Partition Deed )
Property & Documents Inspection ( Fraud & forgery Inspection )
Lease/Rental Agreements ( Car Parking Agreement )
Packages ( Legal Opinion to Registration (Apartment) )
Agreements/Deeds ( Construction Agreement )
Affidavits ( Personal Affidavits )
Agreements/Deeds ( Memorandum of Understanding )
Property & Documents Inspection ( Agriculture Land Inspection )
Lease/Rental Agreements ( Settlement Of Rental Agreement )
Power of Attorneys ( General Power of Attorney )
Agreements/Deeds ( Sale deed )
Affidavits ( Student Affidavits )
Agreements/Deeds ( Joint Development Agreement )
Property & Documents Inspection ( Industrial / Commercial Inspection )
Lease/Rental Agreements ( Paying Guest Agreement )
Power of Attorneys ( Special Power of Attorney )
Agreements/Deeds ( Gift Deed )
Affidavits ( Passport Affidavits )
Lease/Rental Agreements ( Apartment Rental Agreement )
Registration Assistance ( Plot )
Lease/Rental Agreements ( Leave And Licence )
Power of Attorneys ( Revoke/cancel Power of Attorney )
Agreements/Deeds ( Sale Agreement/Deed Review )
Legal Opinion (Written) ( Plots )
Affidavits ( Gas Affidavits )
Lease/Rental Agreements ( House Rental agreement )
NRI Services
Propert Transfer ( Land and Property Transfer )
Property Partition ( Partition 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 )
Subject : Cost of rental agreement
Question : What is the total cost of rental agreement including stamp paper for rental in Hebbal apartment and how much time to send
Answer by SARAVANA : If the period of rent agreement is less than 1 year, the agreement need not be registered and typed on a twenty rupees stamp paper and the period of rent agreement is more than 1 year, the registration and stamp charges are calculated on the basis of advance amount as per the concerned state registration fees rules.
