#IMPORTANCE OF CONVEYANCE DEED FULL#

It's always better to personally check with the local sub-registrar's office.

If some loan is taken against the property, the mortgage should be cleared before proceeding, if it's a sale deed.

In the deed, the seller is also required to certify that the property is free from any legal encumbrance.

The actual demarcation of the property in question, chain of the title of the owners, and the method of the delivery of the property are also stated.

#IMPORTANCE OF CONVEYANCE DEED FULL#

This includes the full names of the buyer and the seller, their addresses, etc. The document has all the details needed to carry out for the transfer of the property title.A conveyance deed is made on a non-judicial stamp paper keeping the agreement to sell as the blueprint.Governed under the Registration Act, a conveyance deed is an important document for a buyer as well as the seller because a purchase is not legally complete until it is signed by both the parties.Gift, mortgage, exchange and lease deeds are also types of conveyance deed. All sale deeds are conveyance deeds but not vice-versa. There is a little difference between the sale deed and the conveyance deed.By understanding the basics of a conveyance deed, you can guard yourself against getting duped. In the wake of the rising number of instances of fraud and bogus selling of properties, it's the conveyance deed or the sale deed that gives legal protection to the ownership of your property.

Importance of conveyance deed