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    Deed of Settlement

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    TANU
    This Deed of Settlement transfers ownership of a property from a settlor to a settlee. The settlor purchased the property described in the schedule and has been in sole possession until now. Out of love and affection for their son, the settlor decides to settle and transfer ownership of the property to the settlee. The settlor covenants that the settlee now has absolute rights over the property and can enjoy it fully, including the right of alienation. Possession is handed over and the settlor confirms there are no encumbrances on the title.

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    © All Rights Reserved
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    Deed of Settlement

    Uploaded by

    TANU
    9K views2 pages
    This Deed of Settlement transfers ownership of a property from a settlor to a settlee. The settlor purchased the property described in the schedule and has been in sole possession until now. Out of love and affection for their son, the settlor decides to settle and transfer ownership of the property to the settlee. The settlor covenants that the settlee now has absolute rights over the property and can enjoy it fully, including the right of alienation. Possession is handed over and the settlor confirms there are no encumbrances on the title.

    Original Title

    DEED OF SETTLEMENT

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    This Deed of Settlement transfers ownership of a property from a settlor to a settlee. The settlor purchased the property described in the schedule and has been in sole possession until now. Out of love and affection for their son, the settlor decides to settle and transfer ownership of the property to the settlee. The settlor covenants that the settlee now has absolute rights over the property and can enjoy it fully, including the right of alienation. Possession is handed over and the settlor confirms there are no encumbrances on the title.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    9K views2 pages

    Deed of Settlement

    Uploaded by

    TANU
    This Deed of Settlement transfers ownership of a property from a settlor to a settlee. The settlor purchased the property described in the schedule and has been in sole possession until now. Out of love and affection for their son, the settlor decides to settle and transfer ownership of the property to the settlee. The settlor covenants that the settlee now has absolute rights over the property and can enjoy it fully, including the right of alienation. Possession is handed over and the settlor confirms there are no encumbrances on the title.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 2

    DEED OF SETTLEMENT

    This Deed of Settlement executed at Chennai on this day of 2003 by

    hereinafter referred to as the SETTLOR of the One Part;

    TO AND IN FAVOUR OF

    hereinafter referred to as the SETTLEE of the Other Part; the


    terms SETTLOR and SETTLEE wherever occur shall mean and include their heirs, executors,
    legal representatives and assigns witnesseth as follows:

    WHEREAS the vacant site more fully described in the Schedule hereunder was purchased
    by the SETTLOR herein by a sale deed dated executed by and others represented by their
    Power of Attorney/ Agent and the said sale deed was registered as Document .No. of Book No.
    volume No. filed at pages from to on the file of the Sub Registrar of and the SETTLOR herein
    has been in exclusive possession and enjoyment of the property more fully described in the
    Schedule hereunder till date ;

    WHEREAS the SETTLOR is the exclusive owner of the property more fully described in


    the Schedule hereunder and he has absolute right to dispose of the same as he wishes ;

    WHEREAS the SETTLOR out of natural love and affection he bears towards her/his son


    namely has decided to settle the property more fully described in the Schedule hereunder to
    the above said , the SETTLEE herein ;

    NOW THIS DEED OF SETTLEMENT WITNESSETH AS FOLLOWS :

    THAT in pursuance of the aforesaid recitals and in consideration of love and affection
    the SETTLOR bears towards the SETTLEE herein, the SETTLOR doth hereby settle the
    property more fully described in the Schedule hereunder in favour of the SETTLEE herein
    with absolute rights.
    THAT the SETTLOR further covenants that the property more fully described in
    the Schedulehereunder can be enjoyed by the SETTLEE with full right of alienation.

    THAT the SETTLOR further covenants that the property more fully described hereunder in


    the Schedule is free from all encumbrances, charges, liens, mortgages, litigation, attachment,
    maintenance, lispendens, testamentary disposition etc.

    THAT the SETTLOR further covenants that he has paid all the rates, taxes and other revenue
    outgoing up to date in respect of the property more fully described in the Schedule
    ‘B’ hereunder.

    THAT the SETTLOR has this day handed over the vacant possession of the property more fully
    described in the Schedule hereunder to the SETTLEE and the SETTLEE can enjoy the
    property as she / he wishes.

    SCHEDULE

    (Property settled by this deed)


    The Value of the Property is Rs.50,000/-
    In Witness whereof the SETTLOR above named has set her hand and signature on the day,
    month and year first above written in the presence of:

    SETTLOR 
    WITNESSES:

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