Advocate Zahoor Shaikh and Associate.

 Advocate Zahoor Shaikh

 11 Years Exp

 Exchange Deed (Show More)

 Satara , Satara

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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 : Advocate Zahoor Shaikh

Law Firm Name : Advocate Zahoor Shaikh and Associate.

Country : India

City : Satara

State : MAHARASHTRA

Practicing Since: 2014

About Your Firm : Precticing as an Advocate since 2014 in civil, Criminal field. As well as Precticing in property law, Muslim Law, co operative law etc.

Manpower/Employee Details

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  Project Approvals ( Villa Project )
  Procure Specific Property Document(s) ( Certified copy of revenue document )
  Land Sourcing ( Villa Project )
  Legal Opinion/Title Certification ( Commercial complex )
  Project Approvals ( Commercial complex )
  Procure Specific Property Document(s) ( Certified copy of registered GPA/SPA )
  Land Sourcing ( Commercial complex )
  Agreements/Deeds(Bulk) ( Memorandum of Understanding )
  Project Approvals ( Conversion of Land )
  Procure Specific Property Document(s) ( Certified copy of registered documents )
  Agreements/Deeds(Bulk) ( Joint Development Agreement )
  Procure Specific Property Document(s) ( Encumbrance Certificate )
  Procure Specific Property Document(s) ( Occupancy Certificate )
  Agreements/Deeds(Bulk) ( Agreement of Sale )
  Procure Specific Property Document(s) ( Khata / Khata Extract )
  Power of Attorneys ( Drafting General Power of Attorney )
  Packages ( Apartment/Builder Floor )
  Agreements/Deeds(Bulk) ( Agreement of Sale with GPA & Possession )
  Procure Specific Property Document(s) ( Khata Certificate/Transfer )
  Power of Attorneys ( Drafting Special Power of Attorney )
  Packages ( Residential Layout )
  Agreements/Deeds(Bulk) ( Agreement for land sourcing )
  Procure Specific Property Document(s) ( Property Tax Paid Receipt )
  CREDAI Registration ( CREDAI Registration Assistance )
  Packages ( Villa Project )
  Agreements/Deeds(Bulk) ( Construction Agreement )
  Procure Specific Property Document(s) ( RTC )
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  Packages ( Commercial complex )
  Agreements/Deeds(Bulk) ( Sale Deed )
  Procure Specific Property Document(s) ( Mutation )
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  Legal Opinion/Title Certification ( Apartment/Builder Floor )
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  Procure Specific Property Document(s) ( Electricity Bill Name Transfer )
  Land Sourcing ( Apartment/Builder Floor )
  Legal Opinion/Title Certification ( Residential Layout )
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  Procure Specific Property Document(s) ( Cerified copy of sale deed )
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  Legal Opinion/Title Certification ( Villa Project )

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  Agreements/Deeds ( Exchange Deed )
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  Packages ( Sale Agreement to Registration (Plot/Site) )
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  Agreements/Deeds ( Construction Agreement )
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 NRI Services

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 Realtors

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 Property Managers

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  NRI Property Management ( NRI Residential Property Management )
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  NRI Property Management ( NRI Commercial property Management )
  Residential Property Management ( Residential Apartments )
  NRI Property Management ( Rental Assistance )
  Residential Property Management ( Residential Land )
  NRI Property Management ( Property Monitoring )
  Residential Property Management ( Individual House/Villa )
  NRI Property Management ( Property Management Advisory )
  Residential Property Management ( Independent/Builder Floor )
  NRI Property Management ( Property Bill Payments )
  Residential Property Management ( Farm House )
  Residential Property Management ( Serviced Apartments )
  Residential Property Management ( Studio Apartment )
  Residential Property Management ( Tenant Management )
  Residential Property Management ( Property Management Advisory )

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