Hello there,
Could anyone clarify what the difference is between sale deed and absolute sale deed?
When registering the sale of a piece of land should we register with sale deed or absolute sale deed?
Thanks in Advance,
Ash
Ash (none) 19 December 2009
Hello there,
Could anyone clarify what the difference is between sale deed and absolute sale deed?
When registering the sale of a piece of land should we register with sale deed or absolute sale deed?
Thanks in Advance,
Ash
niranjan (civil practice) 19 December 2009
You can enter into absolute sale deed without prior sale agreement.Both require registration.
Hemant Agarwal (ha21@rediffmail.com Mumbai : 9820174108) 19 December 2009
WHAT is "Absolute Sale Deed" ???
Somebody, Please explain & oblige.
Keep Smiling .... Hemant Agarwal
Parveen Kr. Aggarwal (Advocate) 22 December 2009
In my opinion, all sale deeds are absolute sale deeds conveying title absolutely unless any restriction is placed expressly.
Rama chary Rachakonda (Secunderabad/Telangana state Highcourt practice watsapp no.9989324294 ) 23 December 2009
Mr. Ash,
Under Section 54 of the Transfer of Property Act a transfer of tangible immovable property of the value of Rs.100/- and upwards can be made only by a registered instrument. The Registration Act, 1908, however, does not make any distinction between intangible and tangible immovable property and makes registration compulsory in case of Sale of immovable property of the value of Rs.100/- and upwards and optional if the value is less than Rs.100/- Section 49 of the Registration Act, where a document which is required to be compulsorily registered under Section 17 is not so registered it will not affect any immovable property comprised therein and such a document will not also be received in evidence. The result is that where a Sale deed in respect of an immovable property worth more than Rs. 100/- is not registered, the ownership of the property does not pass from the seller to the buyer and the transaction will be wholly ineffective.