Possession Deed

A possession deed acts as the main legal document for evidencing possession and transfer of ownership of property in favour of the buyer, from the seller. Further, it also acts as the main document for further sale by the buyer as it establishes his proof of ownership of the property.

The possession deed is executed subsequent to the execution of the possession agreement, and after compliance of various terms and conditions detailed in the sale.

  • This is the main document for transfer of ownership of property.
  • The deed is executed by all the parties concerned.
  • All pages of the deed are to be signed.
  • The deed should be witnessed by at least two witnesses giving their full names, signatures and addresses.
  • The possession deed of immovable property needs compulsory registration at the jurisdictional subregistrar office
  • . All the parties concerned need to be present at the time of registration.
  • All documents should be presented in original.  

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