Manjula. A, Advocate

 Manjula. A

 25 Years Exp

 Exchange Deed (Show More)

 Chennai , Flower Bazaar

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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 : Manjula. A

Law Firm Name : Manjula. A, Advocate

Country : India

City : Chennai

State : TAMIL NADU

Practicing Since: 2000

About Your Firm : We deal with all matters relating to property, including documentation, registration, title opinion and cases related to property.

Manpower/Employee Details

Sr Employee Associated Sr Employee Enrollment/Reg.No Sr Employee Enrollment/Reg.State
Manjula. A Ms. 1171/2000 Tamil Nadu
Jr Employee Associated Jr Employee Enrollment/Reg.No Jr Employee Enrollment/Reg.State

 

  Power of Attorneys ( Drafting General Power of Attorney )

 Legal & Drafting

  Affidavits ( Student Affidavits )
  Agreements/Deeds ( Release Deed )
  Affidavits ( Passport Affidavits )
  Agreements/Deeds ( Partition Deed )
  Affidavits ( General Affidavits )
  Agreements/Deeds ( Memorandum of Understanding )
  Legal Opinion (Written) ( Plots )
  Affidavits ( Other Affidavits )
  Agreements/Deeds ( Joint Development Agreement )
  Legal Opinion (Written) ( Apartment )
  Property & Documents Inspection ( Documents Inspection in Govt Office )
  Packages ( Legal Opinion to Registration (Plot/Site) )
  Legal Opinion (Written) ( Villas )
  Registration Assistance ( Plot )
  Power of Attorneys ( General Power of Attorney )
  Legal Opinion (Written) ( Independent House )
  Registration Assistance ( Commercial Property )
  Wills ( Make A will )
  Legal Opinion (Written) ( Agriculture Land )
  Agreements/Deeds ( Agreement of Sale )
  Legal Opinion (Written) ( Commercial Property )
  Agreements/Deeds ( Sale Agreement/Deed Review )
  Affidavits ( Name & Address Affidavits )
  Agreements/Deeds ( Mortgage Deed )
  Affidavits ( Personal Affidavits )
  Agreements/Deeds ( Exchange Deed )

 NRI Services

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

 Realtors

  RERA Consultation ( RERA Approved Agent )

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