The Deed of Sale Condominium is a crucial legal document used in Indian real estate transactions for transferring ownership of apartment units. This document is essential when selling or purchasing a condominium unit in India, whether in a newly constructed building or an existing development. It must comply with multiple legislations including the Transfer of Property Act, Registration Act, and state-specific apartment ownership laws. The deed comprehensively covers property details, ownership rights, common areas, society membership, and maintenance obligations. It serves as permanent evidence of the transfer and requires mandatory registration at the Sub-Registrar's office. The document's format and content are specifically designed to address the unique aspects of condominium ownership, including shared facilities and community living arrangements, while ensuring legal compliance with Indian property laws.
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1. Parties: Details of the seller (vendor) and purchaser with complete names, addresses, and legal capacity to contract
2. Background: Recitals explaining the ownership history, development of the condominium project, and intention to sell
3. Definitions: Defined terms used throughout the deed including property description, common areas, and relevant legal terms
4. Details of Property: Comprehensive description of the condominium unit, including floor area, boundaries, and share in common facilities
5. Consideration: Purchase price, payment terms, and acknowledgment of receipt
6. Transfer of Title: Express words of transfer and warranties of title as required by Indian law
7. Possession: Terms of delivering physical possession and associated conditions
8. Representations and Warranties: Seller's declarations regarding title, encumbrances, and property condition
9. Rights and Obligations: Parties' rights and obligations regarding the property and common areas
10. Registration and Stamp Duty: Provisions for document registration and payment of applicable stamp duty
11. Governing Law: Specification of Indian law as governing law and jurisdiction
12. Execution: Signature blocks and attestation requirements
1. Pending Litigation: Details of any ongoing legal proceedings affecting the property - include if applicable
2. Society Membership: Terms of transfer of society membership - include for cooperative housing societies
3. Mortgage Details: Information about existing mortgages and their discharge - include if property is mortgaged
4. Power of Attorney: Details if any party is acting through a power of attorney - include if applicable
5. Third Party Rights: Description of any third party rights or easements - include if they exist
6. Development Rights: Details of any pending development rights - include in developing properties
1. Property Description Schedule: Detailed technical description of the property including measurements and boundaries
2. Common Areas Schedule: List and description of common areas and facilities with usage rights
3. Payment Schedule: Detailed breakdown of payment terms and installments if applicable
4. Title Documents: List of title documents and chain of title
5. Amenities Schedule: Details of included amenities and facilities
6. Encumbrance Certificate: Recent encumbrance certificate from registrar's office
7. Floor Plan: Approved floor plan of the condominium unit
8. Society Rules: Copy of applicable society/association rules and regulations
Relevant legal definitions
Agreement
Apartment
Appurtenances
Approved Bank
Building
Bye-Laws
Common Areas
Common Facilities
Completion Certificate
Condominium
Consideration
Deed
Developer
Effective Date
Encumbrances
Floor Area
Floor Plan
Housing Society
Limited Common Areas
Maintenance Charges
Managing Committee
Occupancy Certificate
Parking Space
Parties
Property
Purchase Price
Purchaser
Registration
Schedule of Property
Seller
Share Certificate
Sinking Fund
Society
Stamp Duty
Super Built-up Area
Title Deeds
Transfer Date
Unit
Vendor
Apartment
Appurtenances
Approved Bank
Building
Bye-Laws
Common Areas
Common Facilities
Completion Certificate
Condominium
Consideration
Deed
Developer
Effective Date
Encumbrances
Floor Area
Floor Plan
Housing Society
Limited Common Areas
Maintenance Charges
Managing Committee
Occupancy Certificate
Parking Space
Parties
Property
Purchase Price
Purchaser
Registration
Schedule of Property
Seller
Share Certificate
Sinking Fund
Society
Stamp Duty
Super Built-up Area
Title Deeds
Transfer Date
Unit
Vendor
Clauses
Title Transfer
Property Description
Consideration
Payment Terms
Possession
Common Areas
Society Membership
Representations and Warranties
Covenants
Indemnification
Registration and Stamp Duty
Rights and Obligations
Property Usage
Maintenance
Insurance
Utilities
Compliance
Dispute Resolution
Force Majeure
Notices
Severability
Entire Agreement
Governing Law
Assignment
Third Party Rights
Further Assurance
Encumbrances
Due Diligence
Title Clearance
Handover
Property Description
Consideration
Payment Terms
Possession
Common Areas
Society Membership
Representations and Warranties
Covenants
Indemnification
Registration and Stamp Duty
Rights and Obligations
Property Usage
Maintenance
Insurance
Utilities
Compliance
Dispute Resolution
Force Majeure
Notices
Severability
Entire Agreement
Governing Law
Assignment
Third Party Rights
Further Assurance
Encumbrances
Due Diligence
Title Clearance
Handover
Relevant Industries
Real Estate
Property Development
Construction
Banking and Finance
Legal Services
Housing and Urban Development
Property Management
Insurance
Relevant Teams
Legal
Real Estate
Property Management
Compliance
Documentation
Property Development
Sales
Customer Relations
Risk Management
Relevant Roles
Real Estate Lawyer
Property Manager
Real Estate Agent
Legal Counsel
Compliance Officer
Property Developer
Construction Manager
Title Officer
Real Estate Transaction Manager
Housing Society Administrator
Property Documentation Specialist
Real Estate Portfolio Manager
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