Varun Desai & Co.,

 Varun Desai

 16 Years Exp

 Exchange Deed (Show More)

 Bangalore , Banashankari III 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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Name : Varun Desai

Law Firm Name : Varun Desai & Co.,

Country : India

City : Bangalore

State : KARNATAKA

Practicing Since: 2010

About Your Firm : we are mid-sized law firms handle litigation and non-litigation assignments and advise clients on various issues and advise corporate sectors… even involved in internal policy making proses of the corporate sectors …

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

 Legal & Drafting

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

 NRI Services

  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 )
  Power of Attorneys for NRIs ( General Power of Attorney by NRI )
  Investment/Realestate Claims ( Investment/Realestate Claims )
  Power of Attorneys for NRIs ( Special Power of Attorney by NRI )
  Succession Certificate ( Succession Certificate )
  Property Search ( Land And Property Search )
  Propert Transfer ( Land and Property Transfer )
  Property Partition ( Partition of Land And Property )
  Landlord Tenant Disputes ( Landlord Tenant Disputes )

 Realtors

  Agents - Resdential ( Residential House )
  Agents - Resdential ( Residential Villa )
  Agents - Resdential ( Residential Apartment )
  RERA Consultation ( RERA Approved Agent )
  RERA Consultation ( RERA Consultant )
  RERA Consultation ( RERA Compliance Residential )
  Agents - Resdential ( Residential Plot )

 Property Managers

  NRI Property Management ( Property Monitoring )
  NRI Property Management ( Property Rent & Leasing Management )
  NRI Property Management ( Property Buying/Selling )
  NRI Property Management ( Property Bill Payments )

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