Sale Deed Registration in Chandigarh – Sale deed is a legal document comprising details of transfer of property ownership from a seller to a buyer. The process of acquiring a Sale Deed Registration in Chandigarh is governed by the Registeration Act, 1908. The registration process involves documenting the transfer of ownership of immovable property from the seller to buyer. In this blog by Gupta Document Center, you will learn more about various aspects of sale deed registration in Chandigarh. Generally, the department of Stamps and Registration regulates the registration and transfer of property in Chandigarh.

The process of requirements for sale deed registration can vary over time. It is usually recommended to check with the local authorities and consult top legal experts for the most up-to-date information on sale deed agreement registration. Gupta Document Center is a leading name in Chandigarh for getting the best legal advice and specialized attorneys for your desired registration process.

Sale Deed Registration in Chandigarh

Purpose of Sale Deed Registration in Chandigarh

The property registration or sale deed registration is carried out to legally record and authenticate property transactions. In ownership transfers, sale property registration serves several important purposes:

Properly registering the property act as a testimony to the public that the owner has successfully transferred the property to the buyer.

Sale deed registration establish a legal proof of ownership and avoid disputes with a clear chain of tittle.

If a person is interested in buying the property, they can check or verify the records available in the sub-registrar office. It becomes easier for the intended buyer to review in whose name the last transfer deed has been registered.

In case of the agricultural land, you can verify the revenue record as khata, khatoni/ khasra of that land and title deed.

Eligibility Criteria for the Property Registration

To apply for the sales deed registration in Chandigarh you shall fall into the eligibility criteria for the same. To complete the property registration process in Chandigarh a person ought to tick mark the following mentioned criteria:

Both the parties involved in the transaction must be the residents of Chandigarh
The rural inhabitants of the state must be in the possession of Certificates of Identification (COI)

Key Information Mentioned in the Sales Deed

A sales deed holds utmost importance in the property registration for a myriad of reasons. However, sales deed shall comprise all the key information required to facilitate the legal ownership of the entitled property or otherwise it an be easily declared null and void. It is highly beneficial as it protects the interest of both the parties. Sales deed is a legally binding document that safeguards the rights of property owners and help maintain the integrity of property transactions. The crucial information that shall be included in the sales deed is briefed below:

Full names of the buyer and the seller
Residential addresses of the buyer and the seller
Details of the property such as:
Identification number
Exact location and address
Total area of the property
Details of the construction if it is a building
Date and place of execution of the agreement
Total amount to be paid for the property
Token amount given as advance
Method of payment
Time of payment
Terms and action to be taken if either the buyer or the seller commits fraud
Timeline for all procedures to be completed
Production and inspection of title deeds
Other miscellaneous expenditure and who will bear this expenditure
Date of possession of the property
Date on which the seller would provide the original property related documents to the buyer
Declaration by the seller that the property is not subject to any government acquisition
Declaration by the seller that the property is free from any liabilities such as lease, mortgage, or charge on the property

You can hire expert lawyers with years of experience at Gupta Document Center to smoothly fulfill all the registration requirements. The sales deed is registered at a sub-registrar’s office in the presence of the buyer, seller, and the witness.

Mandatory Documents for the Sale Deed Registration

There are a range of documents required for the sales deed registration in Chandigarh. You can also submit these documents to your lawyers at Gupta Document Center and let them handle the rest. The list of legal documents required for the property registration in Chandigarh are enlisted below:

Photographs and signatures of all the parties.
Original and duplicate copy of the certificates is needed for the registration.
Photo Identity Proof (voter’s ID card and passport of the buyer, the seller and all the witnesses)
2 passport size photographs of all the parties, each of the buyer, seller and the witness.
Proof of the land register card to indicate that the land/ property does not belong to the Government (It can be received from the City Survey Department).
Certified copies of documents of Incorporation of both buyer and seller, in case of a company and not an individual buyer
PAN cards of all the parties involved annexed with the sales deed
Proof of municipal tax bill to mention the year in which the land was built/ constructed

Step-by-Step Guide for Registering a Sales Deed in Chandigarh

To finally get sales deed registration in Chandigarh, you are required to follow a series of steps. Go through the steps below to know more about how sale deed registration takes place in Chandigarh.

1. Preparation of Sales Deed – You can hire the legal experts from Gupta Document center to form the sales deed document containing all the key information discussed above.

2. Stamp Duty and Registration Fees – The next step involves paying the stamp duty and registration fees at an authorized bank or as per the prescribed rates.

3. Get Encumbrance Certificate – You can easily obtain this certificate from the local sub-registrar’s office to confirm that the property is free from any legal disputes.

4. Submit all the Mandatory Documents – Get all the necessary documents and submit them at your lawyers from Gupta Document Center.

5. Arrange Witness and Notary – Get two witnesses at the time of registration with all the legal documents. The sales deed is usually signed in the presence of a notary public or an advocate.

6. Visit Sub-Registrar Office – Locate the sub-registrar office with jurisdiction over your property’s location.

7. Submit all the Documents with Payment – Submit all the mandatory documents at the sub-registarar office and pay the registration fees.

8. Registration and Verification – After carefully examining the documents the sub-registrar, register the sale deed with their seal and signature. Once the verification is complete the copy of the registered sales deed is sent as a proof for registration.

Difference Between Sales Deed and Sales Agreement

Mostly people confuses sales deed with sales agreement. Both, are completely different documents and has different implications. Check the table below to get complete information on what separates the sales deed from the sales agreement.

Basis of Difference	Sale Deed	Sale Agreement
Transfer of Ownerships	A document that refers to the immediate complete sale of the property.	A document that indicates the sale of property in sometimes future.
Responsibility for Maintainence	any risk borne or associated with the property is the responsibility of the buyer.	Until the sale of the property, the responsibility of bearing the risk is taken care of by the seller.
Contract Execution	A contract that has been executed.	A contract yet to be executed in the future.
Rights of Usage	The rights and claims of the property are handed over to the new owner.	Includes terms and conditions based on which the sale of the property will be executed.

Conclusion

Sales deed is a crucial document for establishing the property ownership. This document comprises all the details related to the property, buyer, seller and payment. Usually, it is the buyer’s responsibility to maintain the sale deed to avoid several visits to the sub-registrar’s office. In case of any dispute, the person can challenge the registered sale deed. For more information you can also contact Gupta Document Center.