Key Elements

Parties Involved: Details of the Seller and Buyer.
Property Description: Detailed description of the property being sold.
Purchase Price: Total amount agreed upon for the property.
Payment Details: Breakdown of payment and schedule.
Possession: Transfer of possession to the Buyer.
Title and Ownership: Seller’s affirmation of clear title.
Indemnity: Seller’s agreement to protect the Buyer from future claims.
Governing Law: Jurisdiction and legal framework.
Witnesses: Signatures of witnesses to validate the deed.

FAQs

What is the difference between a Sale Deed and a Purchase Agreement?
A Sale Deed is the final legal document that transfers ownership, while a Purchase Agreement is a preliminary contract outlining the terms of the sale.
What should I do if there are issues with the property after purchase?
You may need to review the indemnity clauses and seek legal advice based on the terms outlined in the Sale Deed.
Is registration of the Sale Deed necessary?
Yes, registration is typically required to complete the transfer of ownership and protect the Buyer’s rights.