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The sale deed is executed by two parties, i.e. seller and buyer. The seller is the person who is selling or transferring his/her ownership of a property. The buyer is the person who purchases the ownership of a property for consideration. The sale deed must be registered in the local Sub-Registrar's office.

Drafting of legal agreements and deeds in India Preamble. Recitals. Definitions. Body or Matter of Content. Consideration and Terms of Payment. Scope of Supply and Services. Indemnity and Risk Allocations. Confidentiality.

Deed title. Place & date of execution. Description of parties. Recitals. Testatum. Consideration. Receipt clause. Operative clause.

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A deed is a signed legal document that transfers ownership of an asset to a new owner. Deeds are most commonly used to transfer ownership of property or vehicles between two parties. The purpose of a deed is to transfer a title, the legal ownership of a property or asset, from one person or company to another.

Examples of a deed are deeds of hypothecation for creating charge on movable properties in favour of the banks/financial institutions etc. An agreement by its name suggests that there should be at least two parties signing/approving the same. Examples of an agreement are agreement to sale, loan agreement etc.

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