Hemanth & Associates

 Hemanth S

 23 Years Exp

 Exchange Deed (Show More)

 Bangalore , Malleswaram

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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 : Hemanth S

Law Firm Name : Hemanth & Associates

Country : India

City : Bangalore

State : KARNATAKA

Practicing Since: 2002

About Your Firm : A thorough understanding of the Property and Real Estate sector and vast experience in dealing with corporations, organizations and individuals gives our team the expertise to advise clients on various aspects of property transactions in India and particularly in Bangalore.??We advise clients and prepare legal documentation for the purchase, sale, lease, rent, mortgage, development, joint venture, construction and in all transactions related to the properties including commercial, industrial, agricultural and residential. We also advise client on the applicable local laws, stamp duties, registration requirements and regulatory and statutory approvals.??Our real estate and property service includes: Due diligence for property purchase Title search Title opinion on property/documentation Legal scrutiny Legal documentation Registration Formation of societies and welfare associations Regulatory and Statutory compliance's We have rich experience in property and real estate litigation. Our property and real estate litigation matters include: Title disputes Landlord and Tenant disputes Attachment of property Disputes under specific performance and transfer of property laws Partition and division of property Land use regulations Land acquisition and dispositions

Manpower/Employee Details

Sr Employee Associated Sr Employee Enrollment/Reg.No Sr Employee Enrollment/Reg.State
Hemanth kar/1527/2002
Jr Employee Associated Jr Employee Enrollment/Reg.No Jr Employee Enrollment/Reg.State

 

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

 Legal & Drafting

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

 NRI Services

  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 )
  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 )

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