Deed of conveyence of a shop in commercial complex

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DEED OF CONVEYANCE Of Property being Shop No. ....., on the ..... Floor of ..... Co-operative Housing Society Ltd./..... Association, constructed on land bearing Final Plot No. ..... of Town Planning Scheme No. ..... of ..... Village, Tehsil ..... & District ..... in the Registration District ....., Sub-District ..... of Rs. ...../- (Rupees ..... Only)

Vendor: .......... Adult by age, Occupation Business, Hindu by Religion, Residing at .........., PAN: ......... Hereinafter referred to as “WE”, “Vendor”, which mean and include his heirs, executors, administrators and assigns; Purchaser: .......... Aged about ....., Hindu by Religion, Occupation Business,Residing at ..........;PAN : .......... Hereinafter referred to as “WE”, “Purchaser”, which mean and include his heirs, executors, administrators and assigns;

WHEREAS

(1) The Property being Shop No. ....., on the ..... Floor of ..... Co-operative Housing Society Ltd./..... Association constructed on land bearing Final Plot No. ..... of Town Planning Scheme No. ..... of ....., Tehsil ..... & District .......... in the Registration District .........., Sub-District .......... is absolutely seized and possessed well and sufficiently by the Vendor herein; (2) The .......... Co-operative Housing Society Ltd./..... Association is a registered Co-operative Housing Society/Association incorporated under the .......... Co-operative Societies Act under Registration No. .......... on .......... or Association under the Bombay Non-Trading Corporation Act, 1959 under Registration No. .......... on ..........;  (3) THAT the aforesaid land admeasuring .......... sq. mtrs., was purchased by the aforesaid Society /Association on .......... under Sale Deed dated .......... registered with the Sub-Registrar of .......... under Serial No. .......... from the owners of the land admeasuring .......... sq. yards under Deed of Conveyance;  (4) Thereafter the said Society /Association executed a Development Agreement dated .......... with .......... under various terms and conditions including to prepare plans, construction, rectify and also to register the Members and collect payments together with authority to relive the members, refund their money, deliver the possession, etc. and also had all the powers and said .......... Builders submitted plans for construction on the aforesaid land for approval with .......... Municipal Corporation/Authority, which was pleased to grant Commencement Certificate for Construction bearing No. .......... dated .......... and plans thereof were approved by .......... (authority) under approval dated .......... bearing No. .......... and constructed various Shops and Shops on the said land and allotted Shop No. .......... on the .......... Floor in the said Society/Association to ..... and he became Member/Allottee of the said Society and he acquired the said property under his own money and made the payment of various amounts towards Share Contribution, Land Contribution, etc., of said Society and became owner of Shop No. .......... situated on .......... Floor of the said Society/Association having construction of Super Built up area of .......... sq. feet or thereabout, which was allotted on .......... and a Possession Letter, Share Certificate, etc., were also handed over to Mr. ........... Thus, Mr. .......... became an absolute owner and possessor of Shop No. .........., situated on .......... Floor of the aforesaid Society/Association and said property stands in the name of Vendor herein in all the Government, Semi-Government, .......... Municipal Corporation and .......... Electricity Co., records. Since then the father of Vendor i.e. Mr. .......... is owner of the said property the Vendor is an absolute owner of the said property. The aforesaid property is not shared or having part therein except the Vendor. and the Vendor herein is an absolute owner and possessor of the aforesaid property and there is no right, title or interest or any share or part persisting of any body, except of the heirs and successors of the Vendor herein and accordingly the said Society /Association passed a Resolution dated .......... and granted No Objection Certificate dated .......... in favor of the Vendor for sale of the property Shop No. .......... situated on .......... Floor, the measurements and boundaries of said property are mentioned below: 

SCHEDULE The Property being Shop No. ....., on the ..... Floor of ..... Co-operative Housing Society Ltd./..... Association constructed on land bearing Final Plot No. ..... of Town Planning Scheme No. ..... of ....., Tehsil ..... & District .......... in the Registration District .........., Sub-District .......... and bounded as under: Towards East: Shop No. ..... Towards West: Shop No. ..... Towards North: .....

Towards South: .....

(5) Thus, the aforesaid property together with construction and its all appurtenant rights and together with operational Electricity Fittings and together with right of shares in the Society/Association with all common amenities for use in general and with all its easement rights of roads and paths with right to lay cables for telephone lines, etc., as per the Possession Letter given by the Society/Association together with permanent right of to & fro with vehicle along with the rights being presently enjoyed by the Vendor herein is sold and conveyed by the Vendor to Purchaser for sale Consideration of Rs. ........../- (Rupees .......... Only) and the vacant possession of the aforesaid property is delivered in presence of below mentioned witnesses; (6) Thus, the Purchaser becomes the absolute owner and possessor of the aforesaid property under the Rules and Regulations of the said Society/Association; (7) That, hereinafter, there shall not be any right or claim on or upon the said property by the Vendor and/or his heirs, successors, executors, administrators or assigns or any there is no share, right or part persisting and if any body claim any charge, right or share in the said property, the same shall be treated as void and cancelled under these presents; (8) That the aforesaid property is sold and transferred in favour of the Purchaser for ever and he shall be entitled for all right to use or exchange, Sale or in way he desire; (9) That the all taxes of Municipal, Education Cess, Government Charges, Special Charges, Electricity Bill and various amounts of Electricity Bill of Society Maintenance, etc. are already paid by the Vendors herein and hereinafter all the Municipal taxes, Education Cess, Government Charges, Special Charges, Electricity Bill and amounts of Administrative Expenses of the Society, etc. shall be paid by the Purchaser. (10) That for transfer of aforesaid property in the name of Purchaser in all the Government & Semi Government records, any signature/s is required shall be given by the Vendor and also if any written reply requires to be filed, the same shall be signed. (11) That all the expenses like Stamp Fee, Registration Fee, Advocate Fee, Typing Fee, Transfer Fee of the Society, etc., with respect to this Deed of Conveyance shall be paid and born by the Purchaser only. (12) That the Vendor herein state, declare and assure that rights, title of the aforesaid Society is clear and marketable and in the event of any defect is found in the title of the Property, the same shall be removed by the Vendor at his own cost; (14) The details of Sale Consideration:

Rs. ...../- (Rupees ..... Only) paid by the Purchaser to Vendor vide Cheque No. .......... dated .......... drawn on ..........

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Rs. ........../- Rupees .......... Only

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(15) That the Vendor state and assure that aforesaid property is sold and/or conveyed or transferred in the name of any other and no encumbrance is created or offered as security and any solvency certificate is obtained against the said property nor any attachment of any court is persisting on the said property nor any litigation in any court of law is pending or any proceedings pending nor any stay order is granted by any Court for Sale of the said property nor any case/s are pending of any nature, nor the Vendor has taken any Loan from any Bank or institution or offered for guarantee nor any right of charge or alimony or maintenance persisting on or upon the said property and also the right, title and interest of the said property are clear and marketable and the Vendor herein is only and absolute owner and possessor and having right to sale and convey the said property. Thus, the aforesaid property is sold and conveyed at our will and desire with pleasure and under all presence of mind with wit and wisdom without any force or pressure or fear and reading and understanding the contents of these presents without any toxic effect and is executed with all presence of mind and same shall be binding and acceptable to our all heirs, executors, successors, administrator and assigns for ever.