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  • DEED OF GIFT FOR THE PURPOSE OF CONSTRUCTION A TEMPLE

    DEED OF GIFT FOR THE PURPOSE OF  CONSTRUCTION A TEMPLE  THIS DEED is made on this ________ day of ________  BETWEEN  Sh.______________________________,  s/o Sh. ___________________________, r/o ______________________________, (hereinafter referred to as "the donor") of the one part AND Sh._________________________________,  s/o Sh. _____________________________, r/o __________________________________ (hereinafter referred to as "the donee") of the other part. WHEREAS 1. The donor is the owner and is absolutely seized and possessed of the plot of land situated at _______ (more particularly describe in Schedule I annexed hereto).  2. The donee is desirous of establishing a Hindu temple for worship and for the promotion and encouragement of Hindu culture and philosophy and for the said purpose requested the donor to make a grant of the said plot of land for construction of the temple at the said plot of land. 3. The donor has agreed to grant a gift of the said plot of land to the donee for construction of the temple thereon. NOW THIS DEED WITNESSES AS FOLLOWS:  1. In pursuance of the said agreement, the donor hereby conveys, assigns and transfers ALL that plot of land described in schedule I annexed hereto To Hold the same to the donee and its successors and assigns for the purpose of construction thereon of a Hindu temple for worship and for the promotion and encouragement of Hindu culture and philosophy.  2. The donee shall use the said plot of land gifted by the donor only for the construction of a temple on the said plot of land as per the plan described in schedule II annexed hereto and on completion of the said temple the deities of ____________ shall be installed thereon in accordance with Hindu rites and ceremonies. 3. The donee hereby accepts the said gift and agrees with the donor that the said plot of shall be used for the sole purpose of construction of a temple and if the donee fails to construct the temple on the said plot of land within a reasonable time period, which shall not in any case exceeds a period of three years from the date of these presents, the said plot of land shall revert to the donor and his heirs, executors and assigns.  IN WITNESS WHERE OF, the donor and the donee hereunto have signed this deed this ______ day of ________ . (The schedule I herein referred to)  WITNESS: 1. THE DONOR  2. THE DONEE  Download Word Document In English. (Rs.30/-) Download PDF Document In Marathi. (Rs.30/-)

  • GIFT DEED OF PROPERTY (FOR PARTICULAR PURPOSE)

    GIFT DEED OF PROPERTY (FOR PARTICULAR PURPOSE)  THIS DEED OF GIFT is made  BETWEEN Sh.________________________________,  s/o Sh._____________________________,  r/o____________________________________________________________  (hereinafter referred to as "the donor")  AND Sh.__________________________________, d/o Sh. ________________________________, and w/o Sh ___________________________, r/o __________________________________________________________________ (hereinafter referred to as "the donee")  1. WHEREAS the DONEE intends to start a school at (Name of Place)_____________ for the education of children 2. The DONOR is desirous of donating the land fully mentioned and described in the schedule hereto to be used as a site for said school.  NOW THIS DEED WITNESSES AS FOLLOWS:  1. The DONOR doeth hereby and hereunder freely and voluntarily grant, convey, transfer, give, assign and assure unto and to the use of DONEE and his successor to be used solely and exclusively for the purpose of a site for construction and accommodation of the proposed children school 2. The donee will HAVE AND HOLD the same land so long as the same shall be used and occupied as a site and/or building of the school  3. THE DONEE accepts the gift of the said property hereunder made solely and exclusively for the purpose hereinbefore indicated subject to the condition hereunder provided.  4. That it is expressly agreed and understood by the between the parties that this gift of land will stand ipso facto revoked in the event the land hereunder given is not used for the purpose of the intended school for which the same is given within a period of three years from the date of this deed. In such event the land with all buildings and structures, if any erected thereon, shall revert to and revest in the DONOR or his heirs, and shall form part of his former estate as if this deed of gift was never executed nor intended. 5. And it is further agreed by and between the parties that in case the land is acquired by the Government, the DONEE or his successors, including any person or persons managing the school, shall invest the compensation money to be awarded in purchase of another land or building to be used solely and exclusively for the school unless otherwise directed by any court of competent jurisdiction.  6. The estimated value of the property is Rs._________  IN WITNESS WHERE OF, the donor has executed the deed of gift and delivered the same to the donee who has also executed the same in token of acceptance.  Place :________  Date :________  (The schedule herein referred to)  WITNESS: 1. THE DONOR  2. THE DONEE  Download Word Document In English. (Rs.30/-)

  • DEED OF GIFT FOR THE PURPOSE OF RUNNING AN ORPHANAGE

    DEED OF GIFT FOR THE PURPOSE  OF RUNNING AN ORPHANAGE THIS DEED OF GIFT is made on this ______________ day of ___________ BETWEEN Sh.________________________________  s/o Sh.______________________________  r/o _________________________________ (hereinafter referred to as "the donor") AND _______________________________________, a charitable organization registered as a society under the Society Registration Act, 1860 (hereinafter referred to as "the donee") WHEREAS 1. The donor is the owner and is absolutely seized and possessed of the building situated at………………………………. . 2. The donee is charitable organization engaged in running an orphanage in a building which is adjacent to the said building belonging to the donor. 3. The donee is in need of extra space to accommodate more orphan children and has requested the donor to grant to the donee one-half portion of the said building (as described in Schedule II annexed hereto). 4. The donor has agreed to grant the one-half portion of the said building for utilising the same for the sole purpose of running the orphanage. NOW THIS DEED WITNESSES AS FOLLOWS: 1. In pursuance of said agreement the donor hereby transfers to the donee ALL that one-half portion of the said building (as described in Schedule II annexed hereto) To Hold the same to the donee and its successors and assigns so long as the donee shall use the said building for the sole purpose of running the orphanage. 2. The donee hereby accepts the said gift and agrees with the donor that the said building shall be used for the sole purpose of running the orphanage and if, at any time hereafter, the donee ceases to use the said building for purposes other than of running the orphanage the same shall revert to the donor and his heirs, executors and assigns. IN WITNESS WHEREOF, the donor and the donee hereunto have signed this deed this ______ day of ________________ ) WITNESS: 1………………………………………  THE DONOR   2……………………………………..     ON BEHALF ……………….. __________________________________ Download Word Document In English. (Rs.20/-) Download PDF Document In Marathi. (Rs.20/-)

  • GIFT DEED (II)

    GIFT DEED (II)  THIS DEED OF GIFT is made  BETWEEN Sh. __________________________________, s/o Sh._______________________________,  r/o __________________________________________________________________ (hereinafter referred to as "the donor")  AND Sh.___________________________________,  d/o Sh. _________________________________, and w/o Sh. _____________________________, r/o __________________________________________________________________ (hereinafter referred to as "the donee")  WHEREAS 1. The donor is absolute owner and possessed of the house situated at ________ (more particularly describe in Schedule annexed hereto).  2. The donor and donee are related to each other as father and daughter. 3. That out of natural love and affection of the donor for the donee, the donor is desirous of conveying the said property as gift to the donee.  NOW THIS DEED WITNESSES AS FOLLOWS:  1. In consideration of the natural love and affection which the Donor had for the Donee the latter being his daughter, the donor hereby grants, convey, transfer, give and assure unto and use of the donee freely and voluntarily, the property mentioned and described above, the estimated value of which is Rs._________ (Rupees_________________________________________________________ only).  2. The donor had delivered possession of the gifted property to the donee for her sole use and benefit absolutely and un-conditionally forever and same is accepted by donee. IN WITNESS WHERE OF, the donor and the donee hereunto have signed this deed this Place :________  Date :________  (The schedule herein referred to)  WITNESS: 1. THE DONOR  2. THE DONEE  Download Word Document In English. (Rs.20/-)

  • GIFT DEED (I)

    GIFT DEED (I)  (The Gift deed for any immovable property is required to be registered with stamp duty and registration fees as required under law) THIS DEED OF GIFT IS MADE BETWEEN  Sh.___________________________________,  s/o Sh._______________________________, r/o __________________________________________________________________ (hereinafter referred to as "the donor")  AND Sh._____________________________________,  s/o Sh._________________________________,  r/o _________________________________________________________________ (hereinafter referred to as "the donee")  WHERE AS  1. The donor is the absolute owner and possessed the house situated at ________ . 2. The donor and donee are related to each other as father and son. 3. That out of natural love and affection of the donor for the donee, the donor is desirous of conveying the said property as gift to the donee. The donee has accepted this Gift. NOW THIS DEED WITNESSES AS FOLLOWS:  1. In consideration of the natural love and affection of the donor for the donee, the donor hereby transfers to the donee the said property, the estimated value of which is Rs._________ (Rupees_______ only) to the donee to hold the same to the donee absolutely forever. 2. The donee has accepted this Gift and has taken the physical possession of the said property. IN WITNESS WHERE OF, the donor and the donee hereunto have signed this deed this Date: Place:  WITNESS:  1. THE DONOR  2. THE DONEE  Download Word Document In English. (Rs.20/-)

  • Format of Gift Deed to gift Land

    Format of Gift Deed to gift Land, Building, Flat or other Property to Relative without consideration. Download Gift Deed format. Download Word Document In English. (Rs.60/-) Download PDF Document In Marathi. (Rs.60/-) You can gift Shares owned by you to your relative by preparing a gift deed.   Registration of Gift Deed A Gift Deed is a legal document that represents a transfer of gift from one person to another as per the provisions of the law. Gift Deed is a legally binding written document defined in Section 122 of the Transfer of Property Act, 1822, through which the donor can transfer an existing movable or immovable property to the donee voluntarily. A Gift Deed is valid only if it is given out of love and affection, without any consideration in return by one family member/ friend to another. Also, under Section 17 of the Registration Act, 1908, it is mandatory to have a registered Gift Deed when you want to transfer immovable property.   Following are the conditions to be met to make a gift of property valid. 1. A transfer of property must be voluntary and made gratuitously. 2. It must satisfactorily appear that the donor knew what he was doing and understood the contents of the instrument and its effect. 3. Documents should be stamped and registered as required, and attested by two witnesses. 4. A valid gift of property can be made only by a registered instrument. 5. The Person to whom the property is being transferred (Donee) must accept the property during the lifetime of the donor. If the Donee dies before accepting the gift, the gift becomes void. 6. A minor cannot be a donor but can be a Donee. If the property is gifted to a minor, on behalf of a minor, a natural guardian can accept a gift. 7. If the gift is onerous, the obligation cannot be enforced against him while he is a minor. But later, he must either accept the burden or return the gift. 8. The gift of property must be without any consideration, absolute and unconditional except when made for a specific purpose. If there is any consideration in any shape, there is no gift. 9. Any person who is competent to contract can gift his property. Every person is competent to contract who is of the age of majority according to the law to which he is subject, and who is sound mind and is not disqualified from contracting by any law to which he is subject. 10. The person offering the gift and the one receiving must both sign the gift deed.  Sample format of Gift Deed of Property without consideration is given below:   GIFT DEED THIS DEED OF GIFT is made at ______________ on this 2nd day of ____________ 20__  BETWEEN Mr. _________________., s/o ______________________, Permanent Address: ______________________ __________________ _____________ (hereinafter referred to as 'the Donor') of the  ONE PART AND Mrs. _______________, Daughter of ________________, Resident of __________________(hereinafter referred to as 'the DONEE'), of the  OTHER PART . WHEREAS the Donor is seized and possessed of the house consisting of 1 Hall 3 Bedrooms, 1 Kitchen and 1 Toilet admeasuring ________ situated at _________________________, _____________________. AND WHEREAS the DONEE is the daughter of DONOR AND WHEREAS the Donor desires to grant the said House to the DONEE as gift in consideration of natural love and affection as hereinafter mentioned. AND WHEREAS the DONEE has agreed to accept the gift as is evidenced by his executing these presents. NOW THIS DEED WITNESSETH that the Donor without any monetary consideration and in consideration of natural love and affection, which the Donor bears to the DONEE, doth hereby grant and transfer by way of gift the said House situate at ______________ _____________________ _______________________ ________________together with all and singular the buildings and structures thereon and all the things permanently attached thereto and all the liberties, privileges casements and advantages appurtenant thereto and all the right, title, interest use, Inheritance, possession, benefit, claims and demand whatsoever of the Donor to Have and to Hold the same unto and to the use of the DONEE absolutely but subject to the payment of all taxes, rates, assessments, dues and duties now and hereafter chargeable thereon to the Government or Municipality or other Local Authority.AND the Donor doth hereby covenants with the DONEE; (a) That the Donor now has in himself, good right, full power and absolute authority to grant the said House hereby granted as gift in the manner aforesaid. (b) The DONEE may at all times hereafter peaceably and quietly enter upon have occupy, possess and enjoy the said House and receive the rents, Issues, and profits and rents thereof and every part thereof to and for her own use and benefit without any suit, lawful eviction, interruption, claim or demand whatsoever from or by the Donor or his heirs, executors, administrators and assigns or any person or persons lawfully claiming or to claim by, from, under or in trust for the Donor. (c) That the said House is free and clear and freely and clearly and absolutely and forever released and discharged or otherwise by the Donor and well and sufficiently saved, kept harmless and Indemnified of and from and against all former and other estate, titles, charges and encumbrances whatsoever, had made, executed, occasioned or suffered by the Donor or by any other person or persons lawfully claiming or to claim by from, under or in trust for the Donor.(d) AND FURTHER that the Donor and all persons having or lawfully claiming any estate or Interest whatsoever to the said House or any part thereof from under or in trust for the Donor or his heirs, executors. administrators and assigns or any of them shall and will from time to time and at all times hereafter at the request and cost of the DONEE do and execute or cause to be done and executed all such further and other acts, deeds, things, conveyances and assurances in law whatsoever for better and more perfectly assuring the said House and every part thereof unto and to the use of the DONEE in the manner aforesaid as by the DONEE, her heirs, executors, administrators and assigns or counsel in law shall be reasonably required.   SCHEDULE OF THE PROPERTY (Gifted under this deed) All the piece and parcel of immovable property bearing No.____________ Measuring _______________Bounded by:- On the East : On the West : On the South : On the North : Market value of the property gifted under this deed is Rs._____________(Rupees____________________________________ only). The Stamp duty is paid on the market value as computed above. IN WITNESS WHEREOF  the Donor as well as the DONEE (by way of acceptance of the said gift) have put their respective hands the day and year first hereinabove written.Signed and Delivered by the within named Donor ___________________ in the presence ofSigned by within named DONEE Mrs. _______________ In the presence of1.2.     Registration of Gift Deed The Gift Deed should be printed on the stamp paper of appropriate value depending upon your state. It can be registered at the office of registrar or sub-registrar. Documents required for Gift Deed registration Following are the list of documents (enclosures) required to be produced at the time of presentation of the document before the jurisdictional Sub-Registrar. - An Identical copy of the Gift-deed containing name and details of Donor and Donee, property Details and property value in the prescribed format of Gift Deed. - Statement of particulars of property and its market value. - Parent Document (prior to title deeds) - Title Deeds to show how the Donor gets the property. - Encumbrance Certificate of the property - Affidavit which state that Registration of this document does not violate the notification issued under Section 22A of the Registration Act, 1908. - Extract of assessment register of the property. - If the property is an agricultural land, No objection certificate from Tahasildar.  Parties should carry the following documents for Registration of Gift Deed. - Original Gift Deed - ID Proofs, like Driver License, Passport, etc - PAN Card - Aadhar Card - A document like Sale deed to prove donor title to the Property A gift is the transfer of property by one person to another made voluntarily and without consideration. In order to constitute a valid gift, a basic requirement is acceptance. If a document of gift, after its execution or registration in favor of the donee, is handed over to him by the donor, it amounts to a valid acceptance of the gift. The gift must be an existing property. It cannot be a future property.

  • DEED OF GIFT FOR THE PURPOSE OF ESTABLSHING A HOSPITAL

    DEED OF GIFT FOR THE PURPOSE OF ESTABLSHING A HOSPITAL  THIS DEED is made on this ________ day of ________ BETWEEN Sh._____________________________,  s/o Sh. _________________________, r/o ____________________________ (hereinafter referred to as "the donor") of the one part AND Sh. _____________________________,  s/o Sh. _________________________, r/o _____________________________ (hereinafter referred to as "the donee") of the other part. WHEREAS 1. The donor is the owner and is absolutely seized and possessed of the plot of land situated at _______ (more particularly describe in Schedule I annexed hereto).  2. The donee is desirous of establishing a hospital for rendering of better medical aid and to serve the poor people and for the said purpose requested the donor to make a grant of the said plot of land for establishment of a hospital at the said plot of land.  3. The donor has agreed to grant a gift of the said plot of land to the donee for establishment of a hospital thereon.  NOW THIS DEED WITNESSES AS FOLLOWS: 1. In consideration of the said agreement, the donor hereby convey, assigns and transfers to the donee ALL that plot of land described in the schedule annexed hereto TO HOLD the same to the donee and its successors and assigns for the purpose of establishing a hospital for rendering of better medical aid and to serve the poor people.  2. The donee hereby accepts the said gift and agrees with the donor that the said plot of shall be used for the sole purpose of establishing a hospital and if the donee fails to establish a hospital on the said plot of land within a reasonable time period, which shall not in any case exceeds a period of five years from the date of these presents, the said plot of land shall revert to the donor and his heirs, executors and assigns.  IN WITNESS WHERE OF, the donor and the donee hereunto have signed this deed this ______ day of ___ . (The schedule I herein referred to)  WITNESS: 1. THE DONOR  2. THE DONEE  Download Word Document In English. (Rs.30/-) Download PDF Document In Marathi. (Rs.30/-)

  • SIMPLE FORM OF GIFT DEED

    SIMPLE FORM OF GIFT DEED  KNOW ALL MEN BY THESE PRESENTS that  I, ______________________________________, S/o Sh.__________________________________, r/o ____________________________________, transfers voluntarily, the property bearing no.______________________________________ situated at _______________ (more particularly described in the schedule annexed hereto), the estimated value of which is Rs.___________ (Rupees_________________________________________________ only) to my daughter Smt.______________________________________________ w/o of Sh.______________________________________________________________ (hereinafter referred to as "the donee") To Hold the same to the donee absolutely forever. I further declare that the said gift has been made by me out of my natural love and affection for the donee and the same has been accepted by the donee. IN WITNESS WHEREOF , I have executed this deed this ________ day of __________. Witness: 1.   DONOR 2.   DONEE I, Smt. ____________________________, the donee hereby accept the gift of the said property Download Word Document In English. (Rs.20/-) Download PDF Document In Marathi. (Rs.15/-)

  • AGREEMENT FOR EXCHANGE

    AGREEMENT FOR EXCHANGE THIS AGREEMENT is made at………………..on this………………..day   of…………20…between A son of B resident of(hereinafter called "the First Party") of the ONE PART and C son of D resident of ……………(hereinafter called"the Second Party") of the OTHER PART.   WHEREAS   (1) The first party is the owner of the property described in the First Schedule hereto and the second party is the owner of the property described in the Second Schedule hereto.   (2) The parties are willing to exchange their properties and the parties desire that each party should furnish an abstract of title of his respective property aforementioned to the other party.    (3) The parties have also agreed that the value of each such property be assessed by Shri ………………. Chartered Engineer, so that the party whose property is less valuable than that of the other, he should pay a sum of money to the other party to equalize the value of the respective properties agreed to be exchanged   NOW IT IS MUTUALLY AGREED AS FOLLOWS   (1)The parties hereto agree to exchange their properties so that the property described in the First Schedule hereunder written will be transferred by the first party to the second party and the property described in the Second Schedule hereunder written will be transferred by the second party to the first party, subject to terms and conditions hereinafter provided.    (2) Each party shall within……………….days from the date hereof furnish an abstract of his title to his property at his own expense and each party shall deliver his objections and requisitions (if any) in respect of the title to the other party within………………. days from the delivery of the abstract of the title of the party. If any party is unwilling to remove or comply with any objection or requisition of the other party, the party making objection or requisition may by notice in writing rescind this agreement and in that case each party shall return to the other party all papers delivered to him by other party.    (3) The parties or any of them shall request Shri .......................... Chartered Engineer to assess the value of the respective properties aforementioned within one month hereof and each party will pay the charges for assessment of the value of his property. The parties agree that the party whose property is of less value than that of the other, will pay the difference in cash to the other party at the time of execution of exchange deed   (4) The exchange shall be completed by execution and registration of the deed of exchange within three months of the date hereof (5)With the execution of deed of exchange, each party will give to the other, vacant possession of his property exchanged as owner thereof. Each party shall also deliver the title deeds of his property to the other   (6)The cost of and incidental to this agreement and deed of exchange and its registration shall be borne by the parties hereto in equal shares. Each party will bear and pay his own Solicitor's /Advocate's fees   (7) The possession of the properties shall be delivered to the other party on execution and before registration of exchange deed. .    (8) On actual completion of the exchange, each party shall be entitled to the rents and profits of the properties agreed to be taken by him and shall be liable to pay all taxes, revenue, cess, charges or other sums payable to Government and local authority in respect of the same   IN WITNESS WHEREOF, the parties have executed this agreement on the day and year first above written  The First Schedule above referred to (Description of property to be given by First Party)  The Second Schedule above referred to (Description of property to be given by Second Party)   WITNESSES 1 Signed and delivered by the within named First Party   2. Signed and delivered by the within named Second Party Download Word Document In English. (Rs.20/-) Download PDF Document In Hindi. (Rs.20/-) Download PDF Document In Marathi. (Rs.20/-)

  • EXCHANGE BY TWO SEPARATE DEEDS

    EXCHANGE BY TWO SEPARATE DEEDS THIS DEED of transfer is made at……………….on this……………….day of………20  ………………. between A son of B resident of……………….(hereinafter called the "Transferor") of the FIRST Part and C son of.................(hereinafter called the  Transferee") of the OTHER PART.   WHEREAS the transferor is the owner of the land with house bearing Municipal No . situated in................... City, more particularly described in the First Schedule hereunder written (and hereinafter called "the said premises").   AND WHEREAS the transferor has agreed to transfer the said premises to and in favour of the transferee in consideration of the agreement of the transferee to convey the land with house bearing Municipal No……………….situated on………………. Road.....................City……………….more particularly described in the Second Schedule hereunder written   NOW THIS INDENTURE WITNESSETH that in pursuance of the premises, the transferor hereby transfers and conveys absolutely all his rights, title and interest in the said premises unto the transferee, his heirs, assigns and legal representatives to have and to hold the same for ever as owner thereof subject to the condition that the transferee shall cause to be registered the deed of transfer executed by the said transferee in favour of the said transferor in respect of the house more particularly described in the Second Schedule and complete the transfer in all respects    AND the parties hereby covenant with each other that this transaction shall become void on any of the said transfer deeds becoming imperfect in any circumstance whatsoever    (2) This deed has been marked "Deed No. 1" for the purposes of identification and the correlative deed is marked "Deed No. 2".   IN WITNESS WHEREOF, the parties hereto have hereunto set and subscribed their respective hands the day and year first above written. First Schedule above referred to (Description of the property of the transferor) Second Schedule above referred to (Description of the property of the transferee)   WITNESSES Signed and delivered by the within named transferor 1 .   2. Signed and delivered by the within named transferee     THIS DEED of transfer is made at……………….on this..............................day of ………………. 20……………….between C son of D resident of…………(hereinafter called "the Transferor") of the FIRST PART and A son of B resident of………………. (hereinafter called "the Transferee") of the OTHER PART   WHEREAS the transferor is the owner of land with house bearing Municipal No . ……………….situated on……………….Road, ……………….City, more particularly described in the First Schedule hereunder written (and hereinafter called "the said premises").   AND WHEREAS the transferor has agreed to transfer the said premises to and in favour of the transferee in consideration of the agreement of the transferee to convey the land with house bearing Municipal No ……………….situated on……………….Road.......city more particularly described in the Second Schedule hereunder written.   NOW THIS INDENTURE WITNESSETH that in pursuance of the premises, the Transferor hereby transfers and conveys absolutely all his rights, title and interest in the said premises unto the transferee, his heirs, assigns and legal representatives, to have and hold the same for ever as owner thereof subject to the condition that the transferee shall cause to be registered the deed of transfer executed by the said transferee in favour of the said transferor in respect of the house more particularly described in the Second Schedule and complete the transfer in all respects   AND THE PARTIES hereby covenant with each other that this transaction shall become void on any of the said transfer deeds becoming imperfect in any circumstance whatsoever.   (2) This deed has been marked "Deed No. 2" for the purposes of identification and the correlative deed is marked "Deed No. 1 ".   IN WITNESS WHEREOF, the parties hereto have hereunto set and subscribed their respective hands the day and year first hereinabove written. First Schedule above referred to (Description of the property of the transferor) Second Schedule above referred to (Description of the property of the transferee)   WITNESSES Signed and delivered by the within named transferor 1. .   2. Signed and delivered by the within named transferee Download Word Document In English. (Rs.20/-) Download PDF Document In Hindi. (Rs.20/-) Download PDF Document In Marathi. (Rs.20/-)

  • DEED OF EXCHANGE, WHERE ONE PROPERTY IS SUBJECT TO A MORTGAGE

    DEED OF EXCHANGE, WHERE ONE PROPERTY IS SUBJECT TO A MORTGAGE  THIS DEED of exchange made at……………….on this………………. day of……………….20……………….between A son of……………….resident of……………….(hereinafter called the "First Owner") of the FIRST PART and B son of ……………….resident of……………….(hereinafter called the "Mortgagee") of the SECOND PART and C son of.....................resident of……………….(hereinafter called the "Second Owner") of the THIRD PART.   WHEREAS   (1) The First Owner is seized and possessed of or otherwise well and sufficiently entitled to the property more particularly described in the First Schedule hereto, subject to the mortgage in favour of the mortgagee to secure the payment of the principal sum of Rs . ……………….and interest thereon created by mortgage deed dated……………….   (2) The Second Owner is seized and possessed of or otherwise well and sufficiently entitled to the property, more particularly described in the Second Schedule hereto.   (3)The First Owner and the Second Owner have agreed to exchange their respective properties and the mortgagee has consented to the said exchange and has agreed to join herein.    NOW THIS DEED WITNESSETH AS FOLLOWS   (1)In pursuance of the said agreement and in consideration of the transfer hereinafter made by the Second Owner, the First Owner as beneficial owner with the consent of the mortgagee hereby grants and transfers unto the Second Owner all that the property described in the First Schedule hereto to hold the same unto the Second Owner subject to the mortgage money.   (2) In further pursuance of the said agreement and in consideration of the transfer hereinbefore made by the First Owner, the Second Owner as beneficial owner hereby grants and transfers unto the First Owner all that the property described in the Second Schedule hereto, to hold the same unto the first owner.    (3) The mortgagee, with the consent of and at the direction of the Second Owner hereby releases the First Owner from his covenant to pay the mortgage money and from all claims or demands under or in respect thereof.    (4) In consideration of the release hereinabove given the Second Owner hereby covenants with the mortgagee that he will at all times hereafter duly and regularly pay all moneys which shall become payable under the mortgage at the times and in the manner therein appointed and will also observe and perform all the covenants therein contained on the part of the First Owner in the mortgage deed.    (5)The mortgagee shall be entitled to exercise all powers of sale and other powers contained or implied in the mortgage deed and remedies for recovering payment of the moneys thereby secured or any part thereof save as expressly released by Clause 3 hereof.    (6)It is hereby declared that the value of the property mentioned in each of the Schedules hereto is Rs……………….   (7)This deed of exchange shall be executed in duplicate, the original shall be retained by the First Party and the duplicate, duly signed and stamped shall be retained by the Second Party and shall for all purposes be treated as the original.    IN WITNESS WHEREOF, the parties aforementioned have put their respective hands, the day and year first hereinabove written The First Schedule above referred to (Particulars of land to be given by First Party)  The Second Schedule above referred to (Particulars of land to be given by Second Party)    WITNESSES  1 Signed and delivered by the within named First Owner  2. Signed and delivered by the within named mortgagee Download Word Document In English. (Rs.20/-) Download PDF Document In Hindi. (Rs.20/-) Download PDF Document In Marathi. (Rs.20/-)

  • DEED OF EXCHANGE, WHERE MONEY IS PAID FOR EQUALIT

    DEED OF EXCHANGE, WHERE MONEY IS PAID FOR EQUALIT THIS DEED of exchange is made at……………….on this……………….day of……………….20 ……………….between A son of resident of...............(hereinafter called "the First Party") of the ONE PART and B son of……………….resident of ………………. (hereinafter called "the Second Party") of the OTHER PART   WHEREAS   (1) The First Party is the absolute and beneficial owner of the plot of land bearing Plot No………………. Survey No……………….situate, being and lying in Village ……………….Taluka……………….District……………….more particularly described in the First Schedule hereto and delineated in the plan and marked X annexed hereto, valued at Rs . ................   (2) The Second Party is the absolute and beneficial owner of the plot of land bearing Plot No ……………….Survey No………………. Hissa No………………. situate, being and lying in Village...................... Taluka……………….District……………more particularly described in the Second Schedule hereto and delineated in the said plan and marked Y, valued at Rs . .................   (3) The parties hereto have agreed to exchange their aforesaid properties with each other and the First Party has further agreed to pay to the Second Party for equality of exchange the sum of Rs .   NOW THIS DEED WITNESSETH AS FOLLOWS:   (1)In pursuance of the said agreement and in consideration by the Second Party hereby contained, the First Party hereby grants and transfers to the Second Party ALL THAT property described in the First Schedule hereto TO HOLD the same to the Second Party absolutely for ever   (2) In further pursuance of the said agreement and in consideration of the transfer by the First Party hereinbefore contained and of the sum of Rs ………………. paid by the First Party to the Second Party (the receipt of which the Second Party hereby acknowledges), the Second Party hereby grants and transfers to the First Party all that property described in the Second Schedule hereto, to hold the same to the First Party absolutely forever   (3) Each of the parties hereto hereby covenant with the other that    (i) The property hereto hereby transferred by him is free from- encumbrances;      (ii) The property so transferred by each of them shall be peaceably and quietly entered upon and held and enjoyed by the other of them and the rents and profits thereof received by the other of them without any suit, eviction, interruption, claim or demand whatsoever from or by the party transferring the same or his heirs, successors, legal representatives or any of them or any person or persons lawfully or equitably claiming or to claim by, from, under or in trust for them or any of them;   (iii) Each of the parties hereto will from time to time and at all times hereafter at the request and costs of the other of them do and execute or cause to be done and executed such further and other acts, deeds, things, conveyances and assurances in law whatsoever for the better and more perfectly assuring the said land and house hereby transferred to him   (4) This deed will be executed in duplicate. The original deed with plans shall be retained by the First Party, who shall be bound to keep it in safe custody and to produce the same whenever required by the Second Party or before any Court, Tribunal or authority when so requisitioned. The duplicate copy shall be retained by the Second Party.   (5) The parties hereby agree that in case of the title of any party to the land being conveyed by it proving defective or not being of marketable title, the other party may rescind the transaction which shall become null and void, thereby enabling the party rescinding the same to reconvey the said land to another person.    IN WITNESS WHEREOF, the parties have put their respective hands the day and year first hereinabove written The First Schedule above referred to The Second Schedule above referred to ANNEXURE SITE PLAN    WITNESSES  1 Signed and delivered by the within named First Party 2. Signed and delivered by the within named Second Party Download Word Document In English. (Rs.20/-) Download PDF Document In Hindi. (Rs.20/-) Download PDF Document In Marathi. (Rs.20/-)

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