Sale of immovable property

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Sale of immovable property:

The sale of immovable property is a transfer of property along with ownership rights. Whereas a contract of sale is a mere agreement that a sale of a property is to take place in future on the terms mutually agreed between the parties. In a sale, the seller transfers the legal title of the property to the buyer.

How can an immovable property be sold?

"Immovable property can be transferred/conveyed only by a deed of conveyance (sale deed), duly stamped and registered as required by law. We, therefore, reiterate that immovable property can be legally and lawfully transferred/conveyed only by a registered deed of conveyance."

What are the essential of valid sale of immovable property?

The Essential Elements of a Sale of Immovable Property:

The subject matter of sale; Price of consideration; Registration; Conveyance.


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