ADVOCATE & LEGAL CONSULTANT

 RAJESH KUMAR K

 9 Years Exp

 Exchange Deed (Show More)

 Bangalore , H.A.L II Stage

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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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Reviews

Name : RAJESH KUMAR K

Law Firm Name : ADVOCATE & LEGAL CONSULTANT

Country : India

City : Bangalore

State : KARNATAKA

Practicing Since: 2017

About Your Firm : "A ONE STOP SOLUTION TO FREE LEGAL SUPPORT"

Manpower/Employee Details

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  Power of Attorneys ( Drafting General Power of Attorney )
  Procure Specific Property Document(s) ( Certified copy of registered GPA/SPA )
  Power of Attorneys ( Drafting Special Power of Attorney )
  Procure Specific Property Document(s) ( Certified copy of registered documents )
  Procure Specific Property Document(s) ( Encumbrance Certificate )
  Procure Specific Property Document(s) ( Occupancy Certificate )
  Procure Specific Property Document(s) ( Khata / Khata Extract )
  Agreements/Deeds(Bulk) ( Memorandum of Understanding )
  Procure Specific Property Document(s) ( Khata Certificate/Transfer )
  Agreements/Deeds(Bulk) ( Joint Development Agreement )
  Procure Specific Property Document(s) ( Property Tax Paid Receipt )
  Agreements/Deeds(Bulk) ( Agreement of Sale )
  Procure Specific Property Document(s) ( RTC )
  Agreements/Deeds(Bulk) ( Agreement of Sale with GPA & Possession )
  Procure Specific Property Document(s) ( Mutation )
  Agreements/Deeds(Bulk) ( Agreement for land sourcing )
  Procure Specific Property Document(s) ( Electricity Bill Name Transfer )
  Agreements/Deeds(Bulk) ( Construction Agreement )
  Procure Specific Property Document(s) ( Cerified copy of sale deed )
  Agreements/Deeds(Bulk) ( Sale Deed )
  Procure Specific Property Document(s) ( Certified copy of revenue document )

 Legal & Drafting

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

 NRI Services

  Property Partition ( Partition of Land And Property )
  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 )

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