How important is the deed of sale?

Contents of a Sale Deed: It becomes important to ensure if the title to the property is free of all encumbrances. Scrutinizing the title documents is a process of knowing the original owner of the property, flow of title and the present owner of the property.Click to see full answer. Then, who should pay the deed of sale?It is the buyer who pays the stamp duty and the registration charges. The seller needs to clear all payments related to the property such as property tax, cess, water and electricity charges before the sale deed is signed.Furthermore, what is the difference between deed of sale and deed of absolute sale? The deed of absolute sale is used in many real estate sales. A deed is a document that states that one party is transferring his real estate property rights to another. An “absolute sale” deed is defined by having no conditions attached to the sale except the buyer’s payment of the purchase price. Keeping this in view, is sale deed mandatory after agreement for sale? A sale deed is drafted on the actual sale/transfer of the property. However, the deed is drawn only after all the contractual terms of the sale agreement have been explicitly settled. Moreover, it is mandatory to register a sale deed at the registrar’s office under the Registration Act, 1908.Is sale deed same as registration?Sale Deed is the actual document of the transaction that happens between the buyer and the seller. The registration process requires physical presence of the buyer(s) and the seller(s) and involves buying of stamp paper as required by the authority’s rules. Hope this answer helps, Arjun.