Who bear the exp of conveyance deed
hdshardik
(Querist) 12 June 2014
This query is : Resolved
Normally who pay the professiona fees for drafting of the conveyance deed ?
is it practically happen in real estate that professional fees are shared by seller and buyer equally ?
ajay sethi
(Expert) 12 June 2014
it depends upon agreement between parties .
Devajyoti Barman
(Expert) 12 June 2014
In almost all cases it is buyer who bear such expenses.
Raj Kumar Makkad
(Expert) 13 June 2014
Buyer has to incur such expenses unless otherwise mutually agreed.
T. Kalaiselvan, Advocate
(Expert) 15 June 2014
It will be an expense in the part of the buyer involving the registration costs.
Anirudh
(Expert) 21 June 2014
Mr. Sethi is absoloutely right.
There is no law that only the buyer has to bear.
Entire thing will depend upon the Agreement between the buyer and the seller. It is another matter that usually the stamp duty and registration charges are borne by the buyer. (If the seller has to bear the burden, then naturally the sale consideration will be going up to that extent.)