In addition, the presence of a registered and stamped legal document ensures that your property will not be taken for granted.A sale deed saves time because it lists all the due money.
It turns the sale into a legal document a sale deed can be enforced in court.On paper, having a detailed description of the property, including its square footage and location, is a significant advantage for the buyer. This kind of law protects the interest of citizens, buyers and sellers. What is a Sale Deed?Ī sale deed protects both parties from legal actions, and the deed safeguards the interests of both the buyer and the seller. Both parties must sign deeds which state a legal agreement between them.Īccording to Registration Act, 1908, the sale deed is one of the crucial documents for selling and purchasing property across India.
The buyer and the seller, the transferee and the transferor, both need it. It's the most important document because it serves as proof for both parties. A sale deed is a legal document that shows how property rights, ownership, and title are transferred from the seller to the buyer in a real estate transaction.