Fill in Sale Deed for a Shop or SCO

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Sale Deed for a Shop or SCO

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The property
Seller and buyer
Consideration and possession
Title, occupancy and use
Registration and signing

Step 1 of 5

The property

Complete address or location of the propertyNeeded

House / flat / plot no.

Street, sector or locality

City area and PIN code

Shop/SCO identifier — number, floor and block/marketNeeded

For example: SCO 120-121, First Floor

Area, frontage and level detailsNeeded

A long answer. Several lines are fine, and a break you make between paragraphs is the break the document keeps.

For example: Approx. 2,700 sq ft super area, first floor with independent staircase

Title typeNeeded

Freehold commercial unitLeasehold/authority-allotted commercial site, transferred as an assignment of the Seller's leasehold/allotment rightsStrata/unit ownership with common rights

Title/allotment/conveyance document the Seller's ownership rests onNeeded

State date, document number and issuing/registering authority.

A long answer. Several lines are fine, and a break you make between paragraphs is the break the document keeps.

For example: Sale Deed No. 1842 dated 12 June 2018, registered with the Sub-Registrar, Chandigarh

Estate Office / development-authority No Objection Certificate, if the unit is leasehold or allottedNeeded

Not applicable — the unit is freehold and no such No Objection Certificate is requiredObtained, as recorded below, before execution of this DeedApplied for and awaited — this Deed is conditional on that No Objection Certificate, as recorded in the Special Conditions

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SALE DEED FOR A SHOP OR SCO

BETWEEN

AND

RECITALS

A. The Seller is the owner/allottee/lessee of the property described in the Schedule below — __________, at __________ (the "Property") — holding it as __________, on the strength of __________.

B. __________

C. The Seller has agreed to sell, and the Buyer has agreed to purchase, the Property for the consideration stated below, free from encumbrance except as disclosed.

NOW THIS DEED WITNESSES as follows.

1. CONVEYANCE

2. CONSIDERATION AND PAYMENT

3. POSSESSION

4. ENCUMBRANCES

5. COMMON AREAS AND PERMITTED USE

6. DUES AND MUTATION

8. SELLER'S COVENANTS

8.1 The Seller covenants that the Seller has good right, full power and absolute authority to sell and convey the Property in the manner stated in this Deed, that the Property is free from encumbrance except as disclosed in clause 4, and that the Seller will, at the Buyer's cost, execute any further document reasonably necessary to perfect the Buyer's title.

8.2 The Seller shall indemnify the Buyer against any loss arising from a defect in the Seller's title, an encumbrance not disclosed in clause 4, or a due referred to in clause 6.1 later found outstanding for the period before this Deed.

9. GOVERNING LAW

9.1 This Deed is governed by the Transfer of Property Act, 1882, the Registration Act, 1908, the Indian Stamp Act, 1899 and the other laws of India as in force at the place where the Property is situated.

10. REGISTRATION

SCHEDULE — THE PROPERTY

__________, at __________. __________. Title: __________.

Signature: ______________________________

WITNESSES

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