Sale Purchase Affidavit for India

Sale Purchase Affidavit Template for India

A Sale Purchase Affidavit is a sworn legal document used in Indian property transactions to formally declare the details of a property sale or purchase. This document, governed by Indian property and affidavit laws, serves as a sworn statement containing crucial information about the property, parties involved, and transaction details. It must be executed before a Notary Public or appropriate judicial authority and requires proper stamping as per applicable state laws. The document plays a vital role in establishing the legality and transparency of property transactions and often serves as supporting documentation for property registration.

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What is a Sale Purchase Affidavit?

The Sale Purchase Affidavit is a critical legal instrument in Indian property transactions, used to provide a sworn statement regarding property sale or purchase details. This document becomes necessary when parties need to establish formal proof of a property transaction, verify ownership details, or support property registration processes. The affidavit must comply with the Indian Oaths Act, 1969, state-specific stamp duty laws, and other relevant property legislation. It typically includes detailed information about the property, transaction value, payment terms, and declarations about clear title and absence of disputes. The document helps prevent fraudulent transactions and provides an additional layer of security in property deals. It's particularly important in situations where additional verification of transaction details is required or when dealing with property registration authorities.

What sections should be included in a Sale Purchase Affidavit?

1. Affidavit Header: Title of the affidavit, jurisdiction details, and before whom the affidavit is sworn

2. Deponent Details: Full name, age, address, and occupation of the person making the affidavit

3. Property Description: Detailed description of the property being sold/purchased including address, dimensions, and boundaries

4. Transaction Details: Details of the sale/purchase including consideration amount, payment method, and date of transaction

5. Title Declaration: Declaration about clear title, ownership rights, and absence of encumbrances

6. Verification Clause: Standard clause stating that the contents of the affidavit are true and correct

7. Execution Block: Place for deponent's signature, date, and notary attestation

What sections are optional to include in a Sale Purchase Affidavit?

1. Power of Attorney: Required when the affidavit is being executed through a power of attorney holder

2. Third Party Rights: Declaration regarding any third-party interests or claims on the property

3. Previous Transactions: Details of previous sales/transfers if the property has changed hands recently

4. Pending Litigation: Declaration about any ongoing legal disputes related to the property

5. Family Settlement Details: Required when the property is part of a family settlement or inheritance

What schedules should be included in a Sale Purchase Affidavit?

1. Schedule A - Property Details: Comprehensive description of the property including exact measurements, boundaries, and survey numbers

2. Schedule B - Title Documents: List of all title documents and their chain of custody

3. Appendix 1 - Payment Details: Detailed breakdown of payment transactions and dates

4. Appendix 2 - Supporting Documents: List of attached documents such as tax receipts, utility bills, and previous agreements

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

India

Publisher

Genie AI

Document Type

Affidavit

Cost

Free to use
Relevant Industries

Real Estate

Construction

Banking & Finance

Legal Services

Property Development

Hospitality

Retail

Manufacturing

Agriculture (for agricultural land)

Infrastructure

Relevant Teams

Legal

Real Estate

Compliance

Property Management

Corporate Affairs

Risk Management

Documentation

Asset Management

Facilities Management

Corporate Secretarial

Relevant Roles

Real Estate Manager

Property Lawyer

Legal Counsel

Compliance Officer

Property Administrator

Real Estate Agent

Title Officer

Property Acquisition Manager

Real Estate Director

Legal Documentation Specialist

Company Secretary

Property Valuation Expert

Risk Manager

Real Estate Transaction Coordinator

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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