Sample or Model Format of Sale Deed for Flat

 Sale Deed for Flat

This Deed of Sale is made and executed on this the _______ day of

__________, by Sri/ Smt./Kum. ______________ S/o, D/o, W/o.

___________________ aged about ______ years, Occupation:

_______________ Resident of D.No. _______________________________.

Represented by his/ her agent ______________________. or

Being minor represented by Father/ Mother/ Brother/ Guardian. Sri/Smt./Kum.

_____________ S/o, D/o, W/o. __________________ aged about

___________years, Occupation: ________ Residing at _________________

Under general/ special power of attorney dated ________ registered as

document number _______ of year ______ Book IV of RO/ SRO

Hereinafter referred to as “Vendor No I” which terms shall mean and

include all his heirs, legal representatives, executors, administrators, attorneys

and assignees etc.

AND

M/S. ____________

Hereinafter referred to as “DEVELOPER” and “Vendor No II” which

terms shall mean and include all his heirs, legal representatives, executors,

administrators, attorneys and assignees etc.

(Hereinafter called the “Vendors”)

In Favour of

Sri/ Smt. ____________ S/o, D/o, W/o. ___________ aged about ______

years, Occupation: _______________ Residing of D.No.

_____________________.

Being minor represented by Father/ Mother/ Brother/ Guardian. Sri/Smt./Kum.

_____________ S/o, D/o, W/o. __________________ aged about

___________years, Occupation: ________ Residing at _________________.

Hereinafter referred to as “Vendee” which terms shall mean and include

all his heirs, legal representatives, executors, administrators, attorneys and

assignees etc.

WHEREAS the Vendor is the sole and absolute owner of the Plot bearing

plot no./ House No.______, Survey No. __________, situated at Ward

No______, Block No _______Municipal Corporation/ Municipality ________

of _____________ District, which was inherited/ having acquired through a

Sale/ Gift/ Gift Settlement/ Partition/ Will deed registered as document no.

___________ of SRO ________ copied in volume no. _______ at page ______.

WHEREAS the Vendor was desirous of constructing a residential

complex in same as per the Development Agreement registered as No ______of

S.R.O .

WHEREAS the Vendor(s) herein has/have obtained Permission for

Stilt + Upper _____ Floors, vide Permit No. ____________ in File No.

dated _________ from the Municipal Corporation / Municipality / Gram Panchayat.

WHEREAS the Vendor(s) have constructed complex named as in

the said premises consisting of Stilt Floor for parking + Upper Three Floors for

residential units, having amenities of APSEB & HMWS connections as per the

plan.

AND WHEREAS the Vendor(s) offered to sell (The undivided share

of the site described in ‘A’ schedule) Flat Described in ‘B’ schedule

(hereinafter referred to as the “SCHEDULE PROPERTY’) to the Vendee for a

total sale consideration of Rs. Only) and the Vendee herein has agreed to

purchase the above mentioned Flat for the said sale consideration which

includes the consideration for the purchase of the proportionate undivided share

of land.

NOW THIS DEED OF SALE WITNESSETH AS FOLLOWS:

1. That in pursuance of the said offer and acceptance the Vendee has

already paid the entire sale consideration of Rs. to the Vendors, the

receipt of which the Vendors hereby admitted and acknowledged, the

Vendors hereby convey, transfer and assign all their title, right and

interest over the schedule property together with Rights of easements

and appurtenances unto and to the use of the Vendee.

2. That the Vendors have this day delivered the vacant, physical and

peaceful possession of the Schedule Property to the Vendee TO HAVE

AND TO HOLD the same absolutely and forever, which is more fully

and specifically delineated and described in Schedule Property.

3. That the Vendors have paid all the taxes, cess, dues etc., in respect of

the schedule mentioned property up to date of registration of Sale Deed.

4. That the rights, titles, interests, easements, privileges, appurtenances,

liberties, enjoyments and possessions are hereby transferred and subsist

in favour of the Vendee absolutely and forever.

5. That the Vendors hereby declare and covenant with the Vendee that the

schedule mentioned property is free from all encumbrances, charges,

prior sales, gifts, mortgages, liens, court attachments and litigations etc.,

and the Vendors have full power and absolute authority to sell the said

premises to the Vendee absolutely and forever.

6. That the Vendors hereby undertake to indemnify and keep the Vendee

indemnified against all the losses, costs, expenses, damages sustained if

any to the Vendee on account of any defect in title of Vendors or if the

Vendee is deprived from the part or whole of the schedule property, the

Vendors shall compensate against the same at all times with the

personal or other property.

7. That the Vendors further declare and covenant with the Vendee that

they will execute any further deeds of assurance to strengthen the title

of the Vendee at the cost and expenses of the Vendee.

8. The Vendee shall be the joint owner of schedule land along with other

Flat owners of the building complex and the land is for the common use

of the Flat owners of the building complex.

9. The vendor(s) here by declare that the site described in ‘A’ schedule

property is not in assigned land with in the meaning of A.P Assigned

Lands (Prohibition and Transfers) Act 9 of 1977 and it is also not sold

to any body or under mortgage to Govt. / Agencies / Under takings.

a) To have peaceful and occupation of the building complex the vendee

hereby covenants

b) The Vendee hereby agrees to be a member of the Society or Association

to be registered under the Societies Act or any other analogous

enactment or regulations that may be formed by all the Flat owners of

the building complex and the Vendee shall abide by the rules and bylaws of the said Society who shall be the administrators of common

services such as lift, transformer, corridors, passages, staircases,

drainage, water supply, maintenance of bore wells, electricity and other

properties of common enjoyment and maintenance of security staff and

any such other welfare activities as the general body of Society may

consider and resolve by a special resolution. The Vendee shall pay to

the Society /Association share of the amounts towards common services,

insurance premium, taxes leviable on the entire building complex. Further,

the Vendee shall pay the property tax, electricity meter deposit, electricity

consumption charges and water charges of scheduled property etc., to the

concerned authorities regularly.

c) The Vendee shall park vehicle only in the parking area in the common

area, and the same shall make use of the common passage leading from the

main road to the apartments only as an approach to the apartments and no

cause any obstruction in the passage and will not have any right over the

sky-space over the passage.

d) The Vendee shall not at any time demolish schedule property or any part

of the building including the common areas such as staircase, lift,

parking area, drainage pipes, cables, water courses, gutters, wires and

other conveniences necessary for proper utility of the building. The Vendee

shall not make any additions or alterations or any new constructions of any

nature whatsoever contrary to the MCH plan for his/her Flat or to any part

of the building. The Vendee shall not close the verandahs or lounges or

also shall not alter the exterior colour of the building complex. For this

purpose the Flat owners means all persons having rights, title or interest in

any part of the building. The design of the grills provided to the balconies

as well as to the windows of apartments shall not be replaced with any

other design so as to maintain uniformity in the appearance of the

building.

e) The Vendee hereby agrees to keep his/her Flat as well as the partition walls,

drains, drain pipes, water pipe lines and the appurtenances thereto in

good condition so as to support shelter and protect all parts of the

building and also for proper utility and occupation.

‘A’ SCHEDULE OF PROPERTY

All that the piece and parcel of Plot No._________ admeasuring _____

square yards. / _______ sq.mts, in Survey No_______ ward no ______ block no

_______ situated in _________ Municipal Corporation __________

Municipality____________/ Village ___________ Mandal _______ , Sub

District __________ and Registration District.

Which is fully described in the plan annexed hereto and marked in RED

colour and bounded as under

NORTH :

SOUTH :

EAST :

WEST :

In the above property undivided share of _________ sq.yards _________

sq.mts.

‘B’ SCHEDULE OF PROPERTY

Flat no. _______ in _______ floor with a plinth area of _______ sq.feet

including common areas along with parking area admeasuring ________ sq.feet

in the residential/ commercial complex named _________ constructed in the

‘A’ schedule property bounded by,

NORTH :

SOUTH :

EAST :

WEST :

IN WITNESS WHEREOF, the Vendor hereunto has set his hand to this

Deed of Sale with his free will and sound mind on the day, month and year first

above mentioned in the presence of the following witnesses.

SIGNATURE OF THE VENDOR

WITNESSES:

1.

2.