Reddy & Associates

 CHINNAPA REDDY

 25 Years Exp

 Exchange Deed (Show More)

 Hyderabad , Musheerabad (Delivery)

 View Answers by this Partner (0)

 Profile Views : 375885

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.


Can't read the image? click here to refresh.

Enter the code :

Name : CHINNAPA REDDY

Law Firm Name : Reddy & Associates

Country : India

City : Hyderabad

State : TELANGANA

Practicing Since: 2000

About Your Firm : Practicing since 2000 in the office of P.Venugopal, The then Advocate General for the state of A.P in civil matters, Writ Jurisdiction, Consumer Forum, State & Centrel Administrative Tribunal, Worked as Legal Manager for Reliance group, Worker as Legal Manager in Suchirindia Pvt Ltd. Expert in Due diligence Reports, Search Reports, Drafting, Vetting of documents, Legal Opinions, etc,.

Manpower/Employee Details

Sr Employee Associated Sr Employee Enrollment/Reg.No Sr Employee Enrollment/Reg.State
P.Venugopal Ap
Jr Employee Associated Jr Employee Enrollment/Reg.No Jr Employee Enrollment/Reg.State

 

  Legal Opinion/Title Certification ( Apartment/Builder Floor )
  Legal Opinion/Title Certification ( Residential Layout )
  Legal Opinion/Title Certification ( Villa Project )
  Legal Opinion/Title Certification ( Commercial complex )
  Power of Attorneys ( Drafting Special Power of Attorney )
  Power of Attorneys ( Drafting General Power of Attorney )

 Legal & Drafting

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

 NRI Services

  Property Partition ( Partition of Land And Property )
  Property Disputes ( Illegal Sale of Land And Property )
  Property Disputes ( Illegal Transfer of Land And Property )
  Property Disputes ( Illegal occupation of Land and Property )
  Landlord Tenant Disputes ( Landlord Tenant Disputes )
  Property Search ( Land And Property Search )
  Propert Transfer ( Land and Property Transfer )

No Answers Found