You can engage any lawyer on this website for drafting deed of exchange
it has to be duly stamped and registered
Dear all, We require legal support for drawing up the exchange deed of two flats: 1) 1 BHK - 400 sqft built up / 295 carpet 2) 1 RK - 300 sqft built up / 219 carpet These flats are in same complex but in different societies. The said flats are in Samruddhi Complex - Bhivpuri East - Karjat. Regards Savio D'Cunha M [deleted]
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You can engage any lawyer on this website for drafting deed of exchange
it has to be duly stamped and registered
We can proceed for Exchange deed procedure. Kindly provide you all details of flats and ownership title of the flats.
Dear Sir/Madam,
You are suggested this is not the right forum for asking an advocate directly to work for you. You may go to "Talk to a lawyer" or "Hire a lawyer" of Kaanoon.com. It is intimated that it is not the solicitation of any kind, rather the information regarding the process.
For an exchange of property, you need to execute an exchange deed and not a sale deed, as an exchange transaction is different from a sale transaction.
However it is not necessary that the consideration for the transfer of a property, should always involve money.
Exchange of one property with another one is permitted under the property law.
If the value on both of the assets is different, the difference can be settled by way of payment of money
However such exchanges may have some stamp duty and income tax implications.
You can contact an advocate hailing from Mumbai from this forum too for further issues.
you can get all legal support for exchange of flats, it requires agreement between both the parties with all terms and conditions before executing sale deed or exchange deed.
1.An exchange deed shall have to be registered before the local office of the Registrar.
2. Engage a local lawyer having experience in registering properties.