A Property Transfer Affidavit is a crucial document in Indian property transactions, required when transferring ownership rights from one party to another. This sworn statement, executed under the provisions of the Transfer of Property Act 1882 and relevant state laws, serves multiple purposes including declaring clear title, confirming payment details, and asserting the absence of any encumbrances or legal disputes. The document is particularly important in situations involving property registration, mutation of records, or when dealing with government authorities. It must include specific details about the property, parties involved, and transaction terms, and requires proper notarization and stamping as per local regulations. The affidavit forms part of the chain of property ownership documents and may be required by various authorities, banks, or during future property transactions.
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1. Identification of Deponent: Details of the person making the affidavit including name, age, occupation, and complete address
2. Property Details: Comprehensive description of the property including address, boundaries, measurements, and registration details
3. Title Declaration: Declaration of legal ownership and right to transfer the property
4. Encumbrance Statement: Declaration regarding any existing loans, mortgages, or other encumbrances on the property
5. Transfer Details: Information about the transfer including consideration amount and method of payment
6. Tax Compliance: Declaration regarding payment of all property taxes and utility bills up to date
7. Verification Clause: Standard verification statement confirming the truth of the contents
8. Notary Attestation: Space for notary's signature, stamp, and registration details
1. Power of Attorney: Required when the affidavit is being executed through a power of attorney holder
2. Court Orders: Needed when the property transfer is pursuant to a court order or decree
3. NOC Details: Required when No Objection Certificates from housing society, bank, or other authorities are relevant
4. Ancestral Property Declaration: Required for inherited properties declaring the rights of all legal heirs
5. Agricultural Land Statement: Required when the property is agricultural land, including land use conversion details if applicable
6. Foreign Exchange Declaration: Required when either party is an NRI or foreign national, addressing FEMA compliance
1. Property Documents: List of all property ownership documents including previous sale deeds, tax receipts, and mutation records
2. Identity Proof: Copies of identity documents of the deponent
3. Tax Receipts: Copies of latest property tax and utility bill payments
4. Property Images: Recent photographs of the property and location map
5. Encumbrance Certificates: Copy of recent encumbrance certificate from relevant authorities
6. Supporting Documents: Any additional documents referenced in the affidavit such as NOCs, court orders, or power of attorney
Relevant legal definitions
Property
Transferor
Transferee
Consideration
Encumbrance
Title Deed
Schedule
Municipal Authority
Sub-Registrar
Revenue Records
Mutation
Property Tax
Khata
Legal Heirs
Power of Attorney
Notary Public
Stamp Duty
Registration Fee
Witness
Verification
Occupancy Certificate
No Objection Certificate
Encumbrance Certificate
Property Documents
Sale Deed
Land Use
Built-up Area
Carpet Area
Survey Number
Boundaries
Transferor
Transferee
Consideration
Encumbrance
Title Deed
Schedule
Municipal Authority
Sub-Registrar
Revenue Records
Mutation
Property Tax
Khata
Legal Heirs
Power of Attorney
Notary Public
Stamp Duty
Registration Fee
Witness
Verification
Occupancy Certificate
No Objection Certificate
Encumbrance Certificate
Property Documents
Sale Deed
Land Use
Built-up Area
Carpet Area
Survey Number
Boundaries
Clauses
Property Identification
Ownership Declaration
Title Verification
Encumbrance Declaration
Payment Confirmation
Tax Compliance
Legal Compliance
Property Status
Transfer Authority
Prior Agreements
Pending Litigation
Municipal Compliance
Succession Rights
Third Party Rights
Documentation
Property Usage
Verification Statement
Notarial Declaration
Ownership Declaration
Title Verification
Encumbrance Declaration
Payment Confirmation
Tax Compliance
Legal Compliance
Property Status
Transfer Authority
Prior Agreements
Pending Litigation
Municipal Compliance
Succession Rights
Third Party Rights
Documentation
Property Usage
Verification Statement
Notarial Declaration
Relevant Industries
Real Estate
Construction
Banking & Finance
Legal Services
Property Development
Urban Planning
Agriculture (for agricultural land)
Housing & Infrastructure
Public Administration
Relevant Teams
Legal
Real Estate
Compliance
Property Management
Documentation
Land Acquisition
Corporate Affairs
Administration
Risk Management
Operations
Relevant Roles
Real Estate Lawyer
Property Manager
Legal Counsel
Compliance Officer
Real Estate Agent
Property Developer
Title Officer
Land Acquisition Manager
Real Estate Transaction Manager
Document Controller
Legal Administrator
Property Registration Officer
Notary Public
Municipal Officer
Bank Manager
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