DEED OF TRANSFER OF POSSESSION

DEED OF TRANSFER OF POSSESSION

THIS  DEED  OF  TRANSFER  OF  POSSESSION  IS  MADE  ON  THIS  THE  ­­_______ DAY  OF  _____ MONTH ______YEAR  

 

 

 

                                                                               B  E  T  W  E  E  N

 

1.  SRI / SMT   ­­­­­_______________, Son/Daughter/Wife   of   _______________

                                

2.  SRI /SMT.  ______________,  Son/Daughter/Wife  of _________,  both Hindu by religion,  residents of ____________________(Address with pin code) - hereinafter called the TRANSFEREES/FIRST PARTIES” (Which expression shall mean and include unless excluded by or repugnant to the context their heirs, executors, administrators, representatives,  successors,  and  assigns)  of   the    FIRST  PART.

 

                                                                                      A  N  D

 

SRI/SMT. ________________________, Son/Daughter/Wife  of __________________, Hindu by religion, _________ by occupation,  resident of  ____________________(Address with pin code) – hereinafter called the “TRANAFEROR/SECOND  PARTY”  (Which expression shall mean and include unless excluded by or repugnant to the context his heirs, executors, administrators, representatives, successors, and assigns) of the  SECOND  PART.

 

WHEREAS  Sri/Smt  ___________________, Son/Daughter/Wife of _____________________, was the possessor of the Land measuring _______ Kathas within word no/ village name  __________   of   _________________ (Panchayat / Corporation )   identified  as Holding No. _______ by virtue of a Deed of Transfer which was executed by Sri / Smt _________________, Son/ Daughter /Wife  of Sri/Smt  ________________ of _____________( Address with pin code) on _________(dd/mm/yyyy).

 

                                                                                A  N  D

 

WHEREAS being the  possessor of the land and holding measuring _____ Kathas   said ________________ ( Name ) transferred the physical possession of the said land measuring ______ Kathas and structure to, unto and in favor of the Transferor of this Indenture which was executed on _________(dd/mm/yyyy) and being the possessor of the land and structure the Transferor also recorded her name and mutated her name in the Office of the ________________(Panchayat / Corporation )  and got Holding No. _____________ within Ward No. /village name ___________ of (Panchayat / Corporation )and the Transferor also got Electric connection from the ( Name of Electricity Dept.)

 

                                                                                      A  N  D

 

Whereas  the Transferor/Second Party became the possessor/owner of the Land measuring _______ Katha  approx. along with structure standing thereon as fully described in the Schedule below, hereinafter called the below Scheduled LAND  AND  STRUCTURES   for the sake of brevity.

 

                                                                                      A  N  D

 

WHEREAS the Transferor being the possessor of the land and structure measuring  _______ Kathas or  ________ acres along with structure standing thereon being in need of money for her domestic and development purpose has firmly and finally decided to transfer the physical possession of the Land measuring ______ katha ______ Chhataks along with structure standing thereon as fully described in the Schedule appended below, hereinafter referred to as the below Scheduled property and also shown in the Map or plan annexed hereto under the caption : “DESCRIPTION  OF TRANSFERRED  PROPERTY” for the sake of brevity at or for the consideration of Rs. _______________ (Rupees in word ) only.

 

WHEREAS the Transferees having agreed to take physical possession of the below Scheduled Property offered a consideration of Rs. _______________ (Rupees in word )  only to the Transferor and the Transferor also considering the price so offered by the Transferees agreed to quit and vacate the physical possession of the below Scheduled Property in favour of the Transferees.

 

THE TRANSFEROR/SECOND PARTY AND THE TRANSFEREES/FIRST PARTY HAVE NOW ENTERED INTO THE AGREEMENT AS ENUMERATED HEREUNDER.

 

1.   That the right of the TRANSFEREES/FIRST PARTY shall be absolute own the below Scheduled Land and Structures and the Transferor/Second Party shall not claim or to be entitled to claim any right on the below Scheduled Land and structure.

         

2.     That the TRANSFEREES/FIRST PARTY shall have right to record their names in the office of the ________ State Electricity Distribution Company  Limited, and mutate their names and obtain separate Holding Number from the ______________(Block/Village/Corporation).

   

 

3.  That the TRANSFEREES/FIRST PARTY shall also be entitled to sell, Mortgage, lease or otherwise alienate the said below Scheduled Land and structures to any person without the consent of the Transferor/Second Party.

 

4.   That the Transferor/Second party and the Transferees/ First Party for the interest of each other respectively shall be liable to assign all documents and instruments and to do all acts deeds and things as may be require for safe guard their respective interests or common interest or  for the purpose of complying with any law for the time being in force.

 

5.    That the Transferor/Second Party shall co-operate with the Transferees/First Party to record or to obtain electric connection, and Holding mutation in respect of the below Scheduled Land and structures and the Transferor/Second  party shall also issue No Objection Certificate in favour of the Transferees/First party and shall supply or handover the necessary Documents or Certificate in respect of the below Scheduled Land and structures to the Transferees/First party as and when required for the aforesaid purpose.

 

6.     That as there is an embargo on the Registration of the  Deed of Conveyance in respect of the below Scheduled Land and structures and as such this Document has not been Registered but the Transferor/Second Party covenanted that as and when or in future the Registration of Document shall be open then the Transferor/Second party execute and Register the Document in favour of the Transferees/First party without any further consideration money.

 

7.    That the Transferor/Second party shall supply electric energy to the Transferees/First party from her own electric connection till the date of taking separate electric connection from the _______________(Name of Electricity Dept.)  in their own name but the First parties/Transferees shall pay  charges or Bills as per separate meter reading for  consumption of electric energy and the Transferor/Second party shall also supply water free of cost till the date taking separate water connection from the ____________________(Block/Village/Corporation).

8.       The safety tank of the entire holding  shall remain common  but transferee  shall pay proportionately  maintenance expenses to transferor.

 

 

NOW  THIS  INDENTURE   OF TRANSFER OF POSSESSION WITNESSETH that in pursuance of the aforesaid offer,  acceptance and 

in consideration of the sum of Rs. _________ (Rupees in word)  only paid  by the Transferees/First Parties  to  Transferor/Second party through Two Cheques/Cash drawn on ____________(Bank Name)  one for Rs. _________ (Rupees in word )  Being Cheque  Number __________ dt. ________  and Cheque Number _________   dt. __________ for  Rs. ________(Rupees in word)  and Rs. __________(Rupees in word only) in CASH  on __________ respectively and the receipt whereof the TRANSFEROR/SECOND PARTY do hereby acknowledge and  having received the TRANSFEROR/SECOND   PARTY  also grant full discharge to the TRANSFEREES/FIRST PARTY from the payment thereof, the TRANSFEROR/SECOND PARTY DOTH hereby convey, assign, and transfer her said below Scheduled Land and structures together with all her right, interest, liberties, easements, fences, connections etc. whatsoever in any way belonging thereto or reputed to belong therewith  and make over ________(Type of land) and physical possession thereof to the TRANSFEREES/FIRST PARTY  absolutely and for ever TO HAVE AND TO HOLD the same as an absolute estate by the TRANSFEREES/FIRST PARTY as  exclusive possessor/owner thereof peaceably and quietly, with permanent, heritable and transferable right and without any claim, objection, interruption or interference from the TRANSFEROR/SECOND PARTY or any person or persons claiming under her.

 

The TRANSFEROR/SECOND PARTY declares that there exists no previous transfer, mortgage, contract for transfer or otherwise by the TRANSFEROR/SECOND PARTY in favour of any other person/persons or party respecting  the  said below Scheduled Land and

structures hereby transferred, expressed or intended so to be suffers from no defect of interest and that the recitals made herein above are true and in the event of any contrary is proved, then the Transferor/ Second party shall be liable for false recitals and shall also be liable to make good the loss or injury which the TRANSFEREES/FIRST  PARTY may suffer or sustain in consequence thereof.

 

The TRANSFEROR/SECOND PARTY further covenant with the TRANSFEREES/FIRST PARTY that if for any defect, for any act done or suffered to be done by the TRANSFEROR/SECOND PARTY, the  TRANSFEREES/FIRST  PARTY  be deprived of possession of the said below Scheduled Land and structures or any part thereof in  future, then the TRANSFEROR/SECOND PARTY shall return to the TRANSFEREES  /FIRST   PARTY   the entire  consideration  money together with statutory interest per annum from the date of these presents and the  TRANSFEROR/SECOND  PARTY  shall also be liable to pay adequate compensation to the  TRANSFEREES/FIRST  PARTY   for any other loss or injury which the  TRANSFEREES/FIRST  PARTIES  may suffer or sustain resulting there from.

 

 

 

                                                                                     S C H E D U L E

 

                                           DESCRIPTION  OF  THE  LAND  AND  STRUCTURES

 

 

All that piece or parcel of land measuring  _______ Katha ________ Chhataks out of total land measuring ______ Kathas  approx along with structure made of ______ roofed consisting of _____ Bed Room with attached Bath Room, One Drawing Room, One finished Toilet, One Kitchen, Two unfinished Kitchen and Bath Room, The Land identified and appertaining to Plot No. ______ (in word), Khatian No. __________,  within Mouza ________, J.L. No. ________, Sheet No. _______, Touzi No. _______, Police Station, Sub-Division, Additional District Sub-Registry Office-_________, District __________ within Ward No./Village name - ________ of __________________(Block/Panchayat/Corporation)  identified as part of Holding No. ____________.One site plan or Map annexed hereto, which shall be treated as non detachable part of this indenture.

 

The said Land is butted and bounded as follows:

 

 

NORTH      :         ____________________,

SOUTH      :         ____________________,

EAST          :         ________  Feet  Pucca  Road,

WEST         :         _______________________,

 

 

IN WITNESS WHEREOF the parties hereto have set and subscribed  their respective hands on this Deed of Transfer of possession in sound health, sound mind, without any provocation, without  being influenced by anybody, without any threat or coercion and after going through the contents of this Indenture on the day, month and year first above

 

 

  WITNESSES :

 

1.

 

                                                                                      

                                                                                              _____________________________________

                                                                                                   (SIGNATURE OF THE TRANSFEROR)

 

 

2.

                                                                                           ____________________________________

                                                                                              (SIGNATURE OF THE TRANSFEREE)

 

 

                                               

                                                                                                                     Drafted by me and Printed

                                                                                                                     in my  Office.

 

 

                                                                                                        Advocate, _________(Name of place)

 

 

 

 

                                                            MEMO  OF  CONSIDERATION

 

I,  SRI/SMT. ___________________, Son/Wife/Daughter of Sri/Smt  ________________, resident  of _______________(Address with pin code), Post office and Police Station ___________, Sub- Division- _________, Additional District Sub- Registry office __________, District __________, received Rs. ________ (Rupees in word) through ______ Cheques and cash one being No. _________ of Rs. _________ (Rupees in word only) dated ________(dd/mm/yyyy) and another of Rs. ___________ (Rupees  in word) being  no. _________ dated _______(dd/mm/yyyy) drawn on ____________(Bank name)  and Rs. ________ (Rupees in word only) in CASH  today as  full consideration money from 1. _________________, Son/Wife/Daughter  of ______________,  2.  SRI/SMT. ________________, Son/Wife/Daughter  of ______________, both resident of _________________(Address with pin code),  Post Office, Police Station, Sub- Division and Additional District Sub- Registry Office _________, District __________, on receiving the entire consideration money I sign this memo of Consideration on this the _____day of _____(month), ______(year).

 

WITNESSES:-

1.                                    

                                                                                              ____________________________________

                                                                                                 (SIGNATURE OF THE TRANSFEROR)

                                                                                                  Dated :

 

2.

 

 

 

 

 

 

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