Jan 30, 2025Investments
A Guide to Understanding, Drafting, and Exploring Sale Deeds
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Contents
Frequently Asked Questions
Is there any validity of the sale deed?
The unregistered sale agreement remains legally valid for three years from the date of execution. If the sale deed agreement includes a condition, such as the buyer's obligation to register the property within three months, the time limit is extended accordingly.
Is it possible to sell a property without possessing the original sale deed?
No. An original sale deed is one of the crucial and mandatory legal documents required for ownership transfer. To mitigate complications and legal issues, it is essential to have the original sale deed during the property selling process.
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