law office of Minal Udani-Lisam

 Minal Udani-Lisam

 48 Years Exp

 Exchange Deed (Show More)

 Mumbai , Chembur

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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 : Minal Udani-Lisam

Law Firm Name : law office of Minal Udani-Lisam

Country : India

City : Mumbai

State : MAHARASHTRA

Practicing Since: 1977

About Your Firm : Law office handling all Legal assignments, legal advice, legal matters, court matters, testamentary assignments, arbitration, matters in Corporate, commercial, Property and matrimonial and family matters etc.

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

 

  Power of Attorneys ( Drafting General Power of Attorney )
  Agreements/Deeds(Bulk) ( Construction Agreement )
  Power of Attorneys ( Drafting Special Power of Attorney )
  Agreements/Deeds(Bulk) ( Sale Deed )
  Procure Specific Property Document(s) ( Khata / Khata Extract )
  Procure Specific Property Document(s) ( Khata Certificate/Transfer )
  Procure Specific Property Document(s) ( Electricity Bill Name Transfer )
  Project Approvals ( Conversion of Land )
  Procure Specific Property Document(s) ( Cerified copy of sale deed )
  Forming Owners Associations/Societies ( Apartments )
  Agreements/Deeds(Bulk) ( Memorandum of Understanding )
  Forming Owners Associations/Societies ( Layouts )
  Legal Opinion/Title Certification ( Apartment/Builder Floor )
  Agreements/Deeds(Bulk) ( Joint Development Agreement )
  Legal Opinion/Title Certification ( Residential Layout )
  Agreements/Deeds(Bulk) ( Agreement of Sale )
  Legal Opinion/Title Certification ( Villa Project )
  Agreements/Deeds(Bulk) ( Agreement of Sale with GPA & Possession )
  Legal Opinion/Title Certification ( Commercial complex )
  Agreements/Deeds(Bulk) ( Agreement for land sourcing )

 Legal & Drafting

  Lease/Rental Agreements ( Room Rental Agreement )
  Affidavits ( Passport Affidavits )
  Procure Revenue Documents ( Certified copy of registered documents )
  Registration Assistance ( Agriculture Land )
  Legal Opinion (Written) ( Plots )
  Consultation on Property ( Property Buying )
  Agreements/Deeds ( Mortgage Deed )
  Lease/Rental Agreements ( Office Sharing Agreement )
  Affidavits ( Gas Affidavits )
  Procure Revenue Documents ( Other Revenue Documents )
  Registration Assistance ( Commercial Property )
  Legal Opinion (Written) ( Apartment )
  Consultation on Property ( Property Selling )
  Agreements/Deeds ( Exchange Deed )
  Lease/Rental Agreements ( Car Parking Agreement )
  Affidavits ( General Affidavits )
  Packages ( Legal Opinion to Registration (Plot/Site) )
  Registration Assistance ( Revenue/Other Site )
  Legal Opinion (Written) ( Villas )
  Agreements/Deeds ( Release Deed )
  Lease/Rental Agreements ( Settlement Of Rental Agreement )
  Affidavits ( Other Affidavits )
  Packages ( Sale Agreement to Registration (Plot/Site) )
  Agreements/Deeds ( Agreement of Sale )
  Legal Opinion (Written) ( Independent House )
  Agreements/Deeds ( Partition Deed )
  Lease/Rental Agreements ( Paying Guest Agreement )
  Property & Documents Inspection ( Plot/Site Insepction )
  Packages ( Sale Agreement to Registration (Apartment) )
  Agreements/Deeds ( Construction Agreement )
  Legal Opinion (Written) ( Agriculture Land )
  Lease/Rental Agreements ( Apartment Rental Agreement )
  Lease/Rental Agreements ( Leave And Licence )
  Property & Documents Inspection ( House/Apartment Inspection )
  Packages ( Legal Opinion to Registration (Apartment) )
  Agreements/Deeds ( Sale deed )
  Legal Opinion (Written) ( Commercial Property )
  Lease/Rental Agreements ( House Rental agreement )
  Lease/Rental Agreements ( NOC From Landlord )
  Property & Documents Inspection ( Documents Inspection in Govt Office )
  Power of Attorneys ( General Power of Attorney )
  Agreements/Deeds ( Gift Deed )
  Legal Opinion (Written) ( Revenue/Other Site )
  Lease/Rental Agreements ( Commercial Office Rental Agreement )
  Lease/Rental Agreements ( Other Lease/Rental Agreements )
  Registration Assistance ( Plot )
  Power of Attorneys ( Special Power of Attorney )
  Agreements/Deeds ( Sale Agreement/Deed Review )
  Affidavits ( Name & Address Affidavits )
  Lease/Rental Agreements ( Commercial Shop Rental Agreement )
  Procure Revenue Documents ( Mother Deed Extract )
  Registration Assistance ( Apartment )
  Power of Attorneys ( Revoke/cancel Power of Attorney )
  Agreements/Deeds ( Construction Agreement Review )
  Affidavits ( Personal Affidavits )
  Lease/Rental Agreements ( Commercial Lease Agreement )
  Procure Revenue Documents ( Electricity Bill Name Transfer )
  Registration Assistance ( Villas )
  Wills ( Make A will )
  Agreements/Deeds ( Rectification Deed )
  Affidavits ( Student Affidavits )
  Lease/Rental Agreements ( Residential Lease Agreement )
  Procure Revenue Documents ( Duplicate/Certified copy of sale deed )
  Registration Assistance ( Independent House )
  Wills ( Make A Codicil )
  Agreements/Deeds ( Relinquishment deed )

 NRI Services

  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 )
  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 )

 Realtors

  RERA Consultation ( RERA Approved Agent )
  RERA Consultation ( RERA Consultant )
  RERA Consultation ( RERA Compliance Residential )

 Property Managers

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

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