Sale Deed

Assignment No.
Sale Deed
Mr.Jagannath is a resident of Bengaluru and owns a site measuring 1200
Sq.ft. at Rajajinagar. Now with an intention to make investments in business he
wants to sell his property. Mr.Manoj agreed for the general offer and they settled a
deal at Rs.35lakhs. Mr.Manoj agreed to pay the whole amount on the day of
execution of Sale in the Office of the Sub-Registrar. Draft a Sale Deed.
SALE DEED
THIS DEED OF ABSOLUTE SALE is made and executed on this

the Tenth Day of June Two Thousand Fifteen (10.06.2015) at
Bengaluru,
BY: / BETWEEN:
Sri. JAGANNATH,
Aged 48 years,
S/o. Late Rameshwar,
R/at. No. 72, Hospital Road,
Bangalore – 560 053.
Hereinafter referred to as ‘SELLER’/‘VENDOR’ (which expression shall

mean and include his heirs, legal representatives, administrators,
executors, successors, assigns etc) of the One Part/First Part:
IN FAVOUR OF: / AND:
Sri. MANOJ,
Aged 42 years,
S/o. Vishwanath,
R/at. No.225, Sankey Road,
Sadashivanagar,
Bangalore – 560 003.
Hereinafter called the ‘PURCHASER’/BUYER/VENDEE (which

expression shall mean and include his heirs, legal representatives,
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administrators, executors, successors, assigns etc) of the
Other Part/Second Part:
WHEREAS the Seller herein is the sole and absolute owner by

title and in peaceful possession and enjoyment of the property bearing
No.40, Hospital Road, PID No.43-85-28/9, Corporation Ward No.28,
Bangalore, measuring 1200 square feet of undivided share in the land,
which is more fully and particularly described in the schedule hereunder
and hereinafter referred to as the “SCHEDULE PROPERTY”.
WHEREAS the seller herein got purchased the Schedule

Property out of his own funds, for a valuable sale consideration from
his Vendor Sri.N.Lakshminarayana, under a Sale Deed dated
14.09.1998, registered as Document No. 1692/1998-99 in Book-I, in the
office of the Sub-Registrar, Gandhinagar, Bangalore. That the seller
after purchase of the Schedule Property has got changed all the
revenue entries in his names in the revenue registry of the Bruhath
Bengaluru Mahanagara Palike and has assessed the property to
revenue. The Bruhath Bengaluru Mahanagara Palike, after the
assessment of the property has fixed the tax payable and has assigned
the property with PID.No.43-85-28/9. Further the Khatha Certificate
dated 5.05.2015 discloses the name of the Seller as the Khatedar of the
Schedule Property. The Seller herein has paid the taxes as per the
assessment, which is evidenced by the tax paid receipt for the year
2014-15 vide No. 642426 dated 10.05.2015. Thus ever since from the
date of purchase, the Seller is in peaceful possession and enjoyment
of the Schedule Property and exercising all the rights over the same as
true and absolute owner, without any hindrance from any quarter.
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WHEREAS the seller with an intention to make investment in a
wiser sense has agreed to sell the Schedule Property to the Purchaser
for a valuable sale consideration of Rs. 35,00,000/- (Rupees Thirty Five
Lakhs Only) free from all encumbrances and has received the entire
sale consideration. The sale deed is being executed on this day on the
following terms and conditions:
NOW THIS DEED OF SALE WITNESSETH AS FOLLOWS:-
1. That in pursuance of the aforesaid agreement and in consideration

of the same, the Purchaser has paid the entire sale consideration
amount of Rs. 35,00,000/- (Rupees Thirty Five Lakhs Only) to the Seller
by cash paid on 10.06.2015. The Seller do hereby admits and
acknowledges the receipt of the entire sale consideration amount of
Rs.35,00,000/- (Rupees Thirty Five Lakhs Only) through Demand Draft
bearing No.313762 drawn on State Bank of India, Gandhinagar Branch,
Bengaluru and in consideration of the same, the Seller hereby conveys,
sells, transfers, grants and assigns unto and to the use of the Purchaser
all that part and parcel of the Schedule Property free from
encumbrances or any settlements, Will, charge, liens, mortgages,
attachments, maintenance charges, claims and demands either by
agreement, court Order or Decree, pending or threatened legal
proceedings of any kind, whatsoever together with all the right of
ways, easements of necessity, advantages, whatsoever pertaining to or
belong to the Schedule Property, who shall hold, possess, use and enjoy
all the rights, title, interest and privileges belonging thereto TO HAVE,
TO HOLD AND TO ENJOY the schedule property and every part
thereof, TO AND UNTO to the Purchaser absolutely and forever.
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2. The Seller hereby covenants with the Purchaser that he has full
power and absolute authority and indefeasible title to sell the
Schedule Property and the Purchaser shall hereinafter peacefully and
actually HOLD, POSSESS AND ENJOY the Schedule Property without
any claim or demands, disturbances or interruption whatsoever from the
Seller, his heirs, legal representatives, administrators, executors and
assigns etc., and the Schedule Property is free from all encumbrances,
suits, proceedings, costs, claims and demands.
3. The Seller further covenants that he shall at his own cost and
request of the Purchaser do or execute or cause to be done or
execute all such lawful acts, deeds, deeds of further assurances,
and other things whatsoever for further and more perfectly and more
fully conveying and assuring ownership and possession of the Schedule
Property and every part thereof, in the manner aforesaid according to
the true meaning and intent of this deed.
4. The Seller further covenants with the Purchaser that he has fully
seized and possessed of and has every right to sell the same in favour
of the Purchaser and further there are no acquisition or legal or
departmental proceedings against the Schedule Property and he
has not entered into any agreement to sell the Schedule Property or
portions thereof with any third person so far, and the Seller agrees to
indemnify and keep indemnified the Purchaser from or against any
losses, the Purchaser may suffer consequent upon breach of covenants
by the Seller.
5. The Seller hereby assures and covenants with the Purchaser that
there are no encumbrances or any settlements, Will, charge, liens,
mortgages, attachments, maintenance charges, either by
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agreement, court order or decree, pending or threatened
legal proceedings of any kind, on the Schedule Property, that may in
any manner derogate full and absolute ownership of property hereby
conveyed and the Seller hereby specifically agrees to defend at his own
cost or enable the Purchaser to defend at the cost of the Seller and also
compensate the Purchaser in case he is exposed to losses and claims.
In case the Purchaser is exposed to losses or claims on account of any
claim made hereto by the Seller or his heirs, legal representatives and
other persons claiming under him, the Seller shall compensate the
Purchaser for such losses and consequential losses together with all the
expenses and costs of litigation, if any, which the Purchaser may incur in
protecting his title to the Schedule Property.
6. The Seller has no objection whatsoever to transfer the Khatha of

the Schedule Property in favour of the Purchaser in the records of
Bruhath Bengaluru Mahanagara Palike.
7. The Seller has paid the land tax, property tax and other taxes
in respect of the Schedule Property to the Bruhath Bengaluru
Mahanagara Palike up to date and the Purchaser can pay the same
here afterwards.
8. The Seller has this day issued no objection letter to transfer the
power connection including the deposits in the name of the Purchaser in
the records of BESCOM.
9. The Seller has on this day delivered to the Purchaser all the
following Original title deeds in his custody relating to the Schedule
Property which are as follows:
a) Sale Deed dated 14.09.1998.

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b) Khatha Certificate dated 5.05.2015.
c) Khatha Extract for the year 2006-15 dated 15.05.2015.
d) Tax Paid Receipt dated 10.05.2015.
11. The Purchaser is already in possession of the Schedule Property.

As such the Seller has on this day delivered symbolic possession of
the Schedule Property.
SCHEDULE PROPERTY
All that part and parcel of the property bearing No.40, Hospital
Road, PID No.43-85-28/9, Corporation Ward No.28, Bangalore,
measuring 1200 square feet of undivided share in the land and bounded
on the:
East by : Road,
West by : House belonging to Ajay Kumar
North by : Shop belonging to Vidyadhar,
South by : House belonging to Mohan.
IN WITNESS WHEREOF the Seller has signed this Deed of Sale on the
day, month and year first above mentioned.
WITNESSES:
1.
(Sri.JAGANNATH)
SELLER/VENDOR
2.
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(Sri. MANOJ)
PURCHASER/BUYER/VENDEE

Sale Deed

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Sale Deed

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Assignment No.

Mr.Jagannath is a resident of Bengaluru and owns a site measuring 1200

Sq.ft. at Rajajinagar. Now with an intention to make investments in business he

execution of Sale in the Office of the Sub-Registrar. Draft a Sale Deed.

THIS DEED OF ABSOLUTE SALE is made and executed on this

Hereinafter referred to as ‘SELLER’/‘VENDOR’ (which expression shall

IN FAVOUR OF: / AND:

Hereinafter called the ‘PURCHASER’/BUYER/VENDEE (which

WHEREAS the Seller herein is the sole and absolute owner by

WHEREAS the seller herein got purchased the Schedule

NOW THIS DEED OF SALE WITNESSETH AS FOLLOWS:-

1. That in pursuance of the aforesaid agreement and in consideration

6. The Seller has no objection whatsoever to transfer the Khatha of

a) Sale Deed dated 14.09.1998.

c) Khatha Extract for the year 2006-15 dated 15.05.2015.

d) Tax Paid Receipt dated 10.05.2015.

11. The Purchaser is already in possession of the Schedule Property.

West by : House belonging to Ajay Kumar

North by : Shop belonging to Vidyadhar,

South by : House belonging to Mohan.

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