Transfer Deed

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A Transfer Deed is a legal document used to transfer ownership or interest in a property or asset from one person (transferor) to another (transferee). It serves as proof of the transfer and outlines the terms agreed upon.

  • Purpose: To legally transfer rights, title, or ownership.
  • Types: Can be a Sale Deed, Gift Deed, Relinquishment Deed, or any other deed that transfers ownership.
  • Registration: Usually needs to be registered with the local authority to be legally binding.

Documents Required for Transfer Deed

  1. Identity proof of both parties (Aadhar, PAN, Passport)
  2. Title deed or ownership documents of the property
  3. No Objection Certificate (if applicable)
  4. Encumbrance certificate (to ensure property is free from legal dues)
  5. Property tax receipts
  6. Signed Transfer Deed draft
  7. Proof of relationship (if transfer is by gift or relinquishment)
  8. Payment proof (if it’s a sale)

FAQ's

FAQ's

1. What is a Transfer Deed?

It is a legal document that transfers ownership or rights from one person to another.

2. Is registration necessary for a Transfer Deed?

Yes, registration is generally mandatory to make the transfer legally valid.

3. Can the Transfer Deed be used for gifts?

Yes, gift transfers also use a form of transfer deed called a Gift Deed.