Fill in Deed of Transfer of Lease Rights (Chandigarh)

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Deed of Transfer of Lease Rights (Chandigarh)

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The transferor and the transferee
The site, the lease and the Estate Office permission
Price and payment
Possession and dues
Stamp paper and witnesses

Step 1 of 5

The transferor and the transferee

In which town is this being signed?Needed

For example: Chandigarh

What is the transferor's full name?Needed

For example: Harpreet Singh

Whose son, daughter or wife is the transferor?Needed

For example: Son of Sh. Gurdev Singh

What is the transferor's full address?Needed

House / flat / plot no.

Street, sector or locality

City area and PIN code

What is the transferee's full name?Needed

For example: Aarav Sharma

Whose son, daughter or wife is the transferee?Needed

For example: Son of Sh. Gurdev Singh

What is the transferee's full address?Needed

House / flat / plot no.

Street, sector or locality

City area and PIN code

More details — you may leave these

What is the date of this deed?Needed

A calendar date — the day, the month and the year. Dates in a document like this are read against one another, so a date typed here can change what another date is allowed to be.

What is the transferor's PAN, if there is one?You may leave this

For example: ABCDE1234F

Is anyone else selling with the seller? Give name, parentage, address and PAN of each.You may leave this

Every registered co-owner must sign, so list all of them here.

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

What is the transferee's PAN, if there is one?You may leave this

For example: ABCDE1234F

Is anyone else buying with the buyer? Give name, parentage, address and PAN of each.You may leave this

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

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DEED OF TRANSFER OF LEASE RIGHTS
(Chandigarh leasehold property)

This deed is made at __________ on __________.

BETWEEN

__________, __________, of __________ (the "Transferor")

AND

__________, __________, of __________ (the "Transferee")

Where more than one person is named as Transferor or as Transferee, each of them is bound by this deed jointly and separately.

RECITALS

1. TRANSFER AND PRICE

Only the lessee's rights pass. The lessor's reversion stays with the lessor, and the Transferee holds the Property subject to the lease and the Chandigarh Estate Rules as they apply from time to time.

2. THE TRANSFEREE STEPS INTO THE LEASE

From the date of this deed the Transferee takes the Transferor's place under the lease. The Transferee will pay the ground rent and other charges that fall due from that date, will use the Property only for the purpose for which it was allotted, and will keep to the conditions of the lease and the Estate Rules.

The Transferee will apply to the Estate Office to have the Transferee's name recorded as lessee, and the Transferor will sign any paper the Estate Office needs for that.

3. THE TRANSFEROR'S PROMISES

The Transferor promises that the Transferor is the recorded lessee with the right to transfer the Property; that the Property has not been sold, gifted, sub-let or charged to anyone else except as written in this deed; that no condition of the lease has been broken and no notice of breach is pending; and that all property tax, electricity, water, sewerage and maintenance dues up to the day of this deed have been paid.

If any earlier dues or a better claim to the Property turn up, the Transferor will put it right and make good the Transferee's loss.

4. POSSESSION AND PAPERS

5. STAMP DUTY AND REGISTRATION

The stamp duty and registration charges on this deed are paid by the Transferee. The deed is presented for registration to the Sub-Registrar, UT Chandigarh.

SIGNED BY THE PARTIES

Transferor: __________

Transferee: __________

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