Shown below are the
rough and general drafts of documentations. These may be got verified from
legal experts before signing as AAkarashna Realtors
Inc. will not be responsible for any inaccuracies and deficiencies in these.
(M) 09891088944, 9818512450
Email: investments@aakarshna.com,
Website: http://www.aakarshna.com
CONVEYANCE DEED
Note: This format has been
prepared as applicable to flats. The word "flat" can be substituted
with the type of property for which this document is being executed. Similarly,
the name of the concerned authority can also be changed as applicable. For the
sake of convenience, we have italicized such words.
This conveyance made on
this __________ day of __________ __________ __________ __________ __________
between President of India hereinafter called "The Vendor" (which
expression shall unless excluded by or repugnant to the context be deemed to
include his successors in office and assigns) of the one part and Shri/Smt./Kumari __________ daughter/wife/widow of Shri. __________ Resident of __________
__________ __________ __________ through his/her attorney Shri/Smt./Kumari
__________ __________ son/daughter/wife/widow of Shri.
__________ __________ __________ hereinafter called the "Allottee" (which expression shall unless excluded by
or repugnant to the context be deemed to include his successors in office and
assigns) of the second part and Shri/Smt./Kumari
__________ daughter/wife/widow of Shri. __________
Resident of __________ __________ __________ __________ hereinafter called the
"Purchaser" (which expression shall unless excluded by or repugnant
to the context be deemed to include his successors in office and assigns) of
the third part.
WHEREAS the Allottee is a member of Co-Operative Society which
was allotted land measuring __________ __________sq. mts.at
__________ vide lease deed dtd. __________ and registered with the Sub-Registrar of Delhi as
Document No. __________ in Book No. __________
Volume No. __________ at pages __________ to
__________.
WHEREAS vide Allotment
letter No. __________ dated __________ Flat No. __________
Block No. __________ situated in __________ __________ __________
__________ (full particulars of the property may kindly be mentioned here) was
allotted to the said allottee herein, subject to the
limitation, terms and conditions mentioned therein.
AND WHEREAS the allottee Shri/Smt./Kumari__________
Son/Daughter of __________ __________ Resident of __________ __________ has
executed Power of Attorney on __________ appointing Shri/Smt./Kumari
__________ __________ Son/Daughter of ___________________ _________ Resident of
__________ __________ as his/her attorney authorizing him/her to sell the said
property on his/her behalf. And Whereas the allottee had given the possession of the property to the
purchaser and now the said property is in the possession of the purchaser.
AND WHEREAS representing
that the said allotment is still valid and subsisting the said allottee has applied to the vendor through his attorney for
grant of reversionary interest of the vendor in the land underneath the flat
allotted /leased/conveyed to him/her in favour of the
purchaser and the vendor has agreed to convey the reversionary interest in the
land underneath the demised property to the purchaser subject to the terms and
conditions appearing hereinafter.
NOW THIS INDENTURE
WITNESSES THAT in consideration of the sum of Rs.
__________ (Rupees __________ __________ __________ ) paid before the execution
hereof (the receipt whereof the Vendor hereby admits and acknowledges) the
aforesaid representation and subject to the limitation mentioned hereinafter
the Vendor doth hereby grants, conveys, sells, releases and transfers, assigns
and assures unto the aforesaid purchaser all his reversionary interest in the
land underneath the said flat (full particulars of the said flat
may kindly be mentioned here) (hereinafter referred to as the said property)
more fully in the Schedule described hereunder together with all reminder,
rents, issue and profits thereof TO HAVE AND TO HOLD the same unto the
purchaser absolutely and forever subject to the exceptions, reservations,
covenants and conditions hereafter contained that, is to say as follows:-
1.
The Vendor expects and reserves unto himself all mines and minerals of
whatever nature lying in or under the said property together with full liberty
at all times for the Vendor, its agents and workmen, to enter upon all or any
part of the property to search for, win, make, merchantable and carry away the
said mines and minerals under or upon the said property or any adjoining lands
of the Vendor and to lay down the surface of all or any part of the said
property and any building under or hereafter to be erected thereon making fair
compensation to the purchaser for damage done unto him thereby, subject to the
payment of land revenue of other imposition payable or which may become
lawfully payable in respect of said property and to all public rights or
easement affecting the same.
2.
"That notwithstanding execution of this deed, use of the property
in contravention of the provisions of Master Plan/Zonal Development Plan/Layout
Plan shall not be deemed to have been condoned in any manner and Delhi
Development Authority shall be entitled to take appropriate action for
contravention of Section 14 of Delhi Development Act or any other law
for the time being in force.
3.
The purchaser shall comply with the building, drainage and other bye
laws of the appropriate Municipal or other authorities for the time being in
force.
4.
If it is discovered at any stage that this deed has been obtained by
suppressions of any fact or by any mis - statement, mis - representation or froud, then this deed shall become void at the option of the vendor,
which shall have the right to cancel this deed and forfeit the consideration
paid by the purchaser. The decision of the vendor in this regard shall be final
and binding upon the purchaser and shall not be called in question in any
proceedings.
It is further declared that
as a result of this present purchaser from the date mentioned hereafter will
become absolute owner in fee simple of the said property and the vendor doth
hereby releases the Purchaser from all liability in respect of rent reserved by
and the covenants and conditions contained in the said allotment letter
required to be observed by the purchaser of the said demised property.
The stamp duty and
registration charges, upon this instrument shall be borne by the purchaser.
The transfer shall be
deemed to have come into force with effect from the date of registration of
this deed.
In witness whereof, Shri/Smt./Kumari __________, for and on behalf of and by
the order and direction of the Vendor has hereunto set his hand and Shri/Smt./Kumari __________ Attorney of Allottee
__________ _________ & Shri/Smt./Kumari
__________ __________ the purchaser, have hereunto set their hand, day and year
first above written.
THE SCHEDULE ABOVE REFERRED TO:
All that Flat No. __________
in Block No. __________ consisting of __________
__________ or thereabouts in the __________ __________ Co-Operative Group
Housing Society bounded in the layout plan as follows:
NORTH __________ __________
EAST __________ __________
SOUTH __________ __________
WEST __________ __________
Signed by Shri. __________ _________
For and on behalf of and by the order and direction
of President of India
(Vendor)
In the presence of
Shri. ____________________
______________________________
Shri. ____________________
______________________________
Signed By Shri/Smt./Kumari___________________
_____________________________
(Attorney of the Allottee)
In the presence of
Shri. ____________________
______________________________
Shri. ____________________
______________________________
Signed By Shri/Smt./Kumari____________________
_____________________________
(Purchaser)
Shown above are the
rough and general drafts of documentations. These may be got verified from
legal experts before signing as AAkarashna Realtors
Inc. will not be responsible for any inaccuracies and deficiencies in these.
(M) 09891088944, 9818512450
Email: investments@aakarshna.com,
Website: http://www.aakarshna.com