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Deed Of Sale Of Portion Of Land Template for India

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Key Requirements PROMPT example:

Deed Of Sale Of Portion Of Land

"I need a Deed of Sale of Portion of Land for selling 2 acres from my 5-acre industrial plot in Gujarat to a manufacturing company, with completion scheduled for March 2025 and including provisions for shared access road."

Document background
The Deed of Sale of Portion of Land is a crucial legal instrument in Indian property law, used when a landowner wishes to sell a specific portion of their landholding while retaining the remaining portion. This document is essential for various purposes including real estate development, industrial expansion, or personal property transactions. It must comply with multiple Indian legislations including the Transfer of Property Act, 1882, Registration Act, 1908, and relevant state laws. The deed requires careful drafting to include precise property descriptions, clear title transfer terms, and necessary warranties. It's particularly important in urban development scenarios where larger land parcels are subdivided for development or sale. The document must be registered with appropriate authorities and adequately stamped to be legally enforceable.
Suggested Sections

1. Parties: Identification of the Vendor/Seller and Purchaser/Buyer with complete details including names, ages, addresses, and legal capacity

2. Background: Recitals explaining the ownership history of the land, intent to sell a portion, and any relevant prior agreements

3. Definitions: Definitions of key terms used in the deed including 'Property', 'Completion Date', 'Purchase Price', etc.

4. Details of Property: Precise description of the portion of land being sold including boundaries, measurements, and share being transferred

5. Consideration: Statement of the sale price, payment terms, and acknowledgment of receipt

6. Vendor's Title and Capacity: Declarations regarding the Vendor's absolute ownership and right to sell

7. Vendor's Covenants: Warranties and representations regarding title, encumbrances, and peaceful possession

8. Transfer of Rights: Operative part transferring all rights, title, and interest in the property

9. Possession: Terms regarding the delivery of physical possession

10. Registration and Expenses: Provisions regarding registration of the deed and responsibility for expenses

11. Execution: Signing and witnessing requirements

Optional Sections

1. Power of Attorney: Required if any party is acting through an authorized representative

2. Conditions Precedent: Include if there are specific conditions to be fulfilled before completion

3. Development Rights: Include if transferring or reserving any development rights

4. Environmental Compliance: Required if the land falls under environmental protection zones

5. Agricultural Land Conversion: Include if the land requires conversion from agricultural to non-agricultural use

6. Easement Rights: Include if creating or preserving any rights of way or other easements

7. Tax Compliance: Include specific sections about tax obligations if complex tax implications exist

Suggested Schedules

1. Property Description Schedule: Detailed technical description of the property including survey numbers, measurements, and boundaries

2. Title Documents Schedule: List of all title documents and prior agreements relating to the property

3. Payment Schedule: If payment is in installments, detailed schedule of payment terms and dates

4. Encumbrances Schedule: List of existing encumbrances, if any, affecting the property

5. Site Plan: Approved plan showing the portion being sold with measurements and boundaries

6. Land Use Permissions: Copies of relevant permissions and approvals from authorities

7. Property Tax Records: Details of property tax payments and pending dues

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓÆµ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions



































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Relevant Industries

Real Estate Development

Infrastructure

Agriculture

Industrial Development

Commercial Property

Residential Development

Special Economic Zones

Hospitality

Retail

Educational Institutions

Healthcare Facilities

Relevant Teams

Legal

Real Estate

Compliance

Property Development

Land Acquisition

Corporate Affairs

Documentation

Risk Management

Operations

Project Development

Relevant Roles

Legal Counsel

Property Lawyer

Real Estate Manager

Land Acquisition Manager

Company Secretary

Property Development Manager

Compliance Officer

Real Estate Director

Land Records Officer

Property Rights Specialist

Real Estate Transaction Manager

Development Project Manager

Legal Documentation Specialist

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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