Kaagazaat

Handover on Termination of Management

At a glance

Price: ₹99 · GST included
Stamp duty: The Owner's signature on deposits/balance (clause 3) is a receipt under Article 53: above Rs 5,000, a one-rupee stamp, signed across.
Registration: Not registrable — no interest, outside s.17.
Witnesses: One witness is sensible where original title documents change hands.

₹99

GST included

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Also called

management handover statement
handover by outgoing property manager
closing handover note

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You can fill this one in on this site, and read the whole draft on screen before you decide anything about it. It is a carefully drafted template; it is not advice about your own facts.

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Why you need it

When you need it

A manager's PB/CH appointment ended and everything held must come back — documents, tenancy files, deposits, rent, utility accounts. This lists every item, transfers deposits/balance with an account statement, records tenants told where to pay, and lets the owner acknowledge receipt without accepting figures.

See stamp duty, registration and witnesses

What follows is written for Punjab and Chandigarh. It states the position there rather than describing how it varies, so the amounts below are the ones that apply — worth confirming at the sub-registrar’s office, because rates change. If the property is anywhere else in India, none of this is yours.

Stamp duty

The Owner's signature on deposits/balance (clause 3) is a receipt under Article 53: above Rs 5,000, a one-rupee stamp, signed across. The rest isn't chargeable.

Registration

Not registrable — no interest, outside s.17.

Notarisation

Not required.

Witnesses

One witness is sensible where original title documents change hands.

Talk to a lawyer about this document₹3,539 including GST (₹2,999 + 18% GST), per documentRequest Stamp Paper

Sample preview — placeholder answers, not your data

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HANDOVER ON TERMINATION OF MANAGEMENT

The closing handover from a property manager whose appointment has ended

Date of handover: 3 April 2026

1. Parties and property

1.1 The Owner: Gurpreet Singh Sandhu, of House No. 1147, Sector 70, SAS Nagar (Mohali), Punjab 160071, mobile +91 XXXXX XXXXX ("the Owner").

1.2 The outgoing Manager: Sukhwinder Singh Randhawa, Randhawa Estate Services, of SCO 108, Sector 44-C, Chandigarh 160047, mobile +91 XXXXX XXXXX, email manage@randhawaestates.in ("the Manager"). The Owner has asked the Manager to hand over to the new manager, Navjot Kaur Grewal, who receives on the Owner's behalf.

1.3 The property: House No. 88, Sector 33-A, Chandigarh 160020, in Punjab ("the Property"), managed under an agreement dated 1 April 2026, which has ended.

2. Keys and documents handed over

2.1 Keys and access devices:

Main gate: 2; front door: 2; ground-floor flat: 2; first-floor flat: 2; gate remote: 1

2.2 Documents:

Original sale deed dated 12 March 2015; property tax receipts for 2024-25 and 2025-26

2.3 Tenancy files, one for each tenancy, each with the tenancy agreement, the police verification record, the rent receipts and the correspondence:

Ground floor, Harpreet Kaur Gill: agreement, police verification, receipts; first floor, vacant since 1 September 2026

3. Money handed over

3.1 Tenants' security deposits held by the Manager: ₹1,28,000 (Rupees One Lakh Twenty Eight Thousand only), transferred by bank transfer on 15 October 2026 to the Owner's account ending 4521. These remain repayable to the tenants under their tenancy agreements, and from the handover the Owner, not the Manager, holds them for that purpose.

Questions about this document

Does the Handover on Termination of Management need stamp paper or stamp duty in Punjab and Chandigarh?

The Owner's signature on deposits/balance (clause 3) is a receipt under Article 53: above Rs 5,000, a one-rupee stamp, signed across. The rest isn't chargeable.

Does the Handover on Termination of Management need registration in Punjab and Chandigarh?

Not registrable — no interest, outside s.17.

What does the Handover on Termination of Management cost on Kaagazaat?

₹99, GST included.

Launch period: downloads are free for now. The prices shown apply once payments open.

Does the Handover on Termination of Management need witnesses?

One witness is sensible where original title documents change hands.

Often needed with this document

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