Conveyance Deed Setup
User Input Form
Conveyance Deed Setup Wizard
Step 1: Understand Conveyance Deed
What is a Conveyance Deed? A Conveyance Deed is a legal document that proves the transfer of property rights/title from one person to another. It is a crucial document for the buyer as it establishes legal ownership.
Difference between Sale Deed and Conveyance Deed: A Sale Deed is a type of conveyance deed specifically used for the sale of property. Conveyance Deed is a broader term encompassing various forms of property transfer (gift, exchange, lease, mortgage, sale).
Importance and Legal Backing: It's legally binding and registered under the Registration Act, 1908. It provides clear proof of ownership, essential for future transactions, loans, and resolving disputes.
Step 2: Select Category/Type
Based on your inputs, the likely category will be determined. You can also manually select:
Voluntary Conveyance: Willing transfer between seller and buyer.
Involuntary Conveyance: Transfer due to legal orders, government acquisition.
Deemed Conveyance: When a builder/developer fails to convey title to the housing society within the stipulated time, the society can apply for Deemed Conveyance. (Prominent in Maharashtra under MOFA).
Step 3: Document Checklist (Generic)
This is a general list. Specific documents may vary by state and transaction type. An AI-personalized list will be generated in the final output.
- Sale Agreement Copy
- Allotment Letter
- Possession Letter
- Property Tax Receipts (Latest)
- Occupancy Certificate (OC) / Completion Certificate (CC)
- Approved Building Plan
- Society Registration Certificate (if applicable)
- Developer/Authority No Objection Certificate (NOC)
- Index II / Extract of 7/12 (for land)
- Title Certificate from Advocate
- PAN/Aadhaar of all parties
- Stamp Duty Paid Receipts & Registration receipts
- Encumbrance Certificate
(For Deemed Conveyance, additional documents like notices to builder, resolutions might be needed.)
Step 4: Forms & Legal Requirements
Key forms and legal steps often include:
- Form A & B (For Deemed Conveyance in Maharashtra): Application forms.
- Application to Deputy Registrar/Sub-Registrar: For registration of the deed.
- Affidavit & Indemnity Bond: Declarations by the parties.
- Notice under Section 11 (MOFA): For Deemed Conveyance.
- Draft Format of Deed: A custom-generated draft will be available in the output section.
- Notary/Registration Office submission: Physical submission and execution of the deed.
(The system will attempt to auto-fill parts of common forms based on your input.)
Fee & Duration Estimator
Estimated Fees:
Stamp Duty: ₹0
Registration Fee: ₹0
Advocate/Consultant Fee (Optional): ₹15,000 - ₹50,000+
Govt. Charges (Deemed Conveyance): ₹2,000 - ₹10,000
Total Estimated (Excl. Advocate): ₹0
Estimated Duration:
Voluntary Conveyance: ~2-4 weeks (post document readiness)
Deemed Conveyance: ~3–6 months (can extend if disputed)
"AI" Generated Output
Based on your inputs, here's a personalized summary and draft. (This is a simplified generation).
Compliance & Legal Norms
This tool aims to guide you based on common interpretations of Indian laws. Always consult a legal professional for specific advice.
- MOFA (Maharashtra Ownership Flats Act, 1963): Primarily for Maharashtra, governs promotion, construction, sale, management, and transfer of flats. Key for Deemed Conveyance.
- RERA (Real Estate Regulation and Development Act, 2016): A central act implemented by states. Aims to protect home-buyers and boost investments in the real estate industry. Mandates conveyance by promoters.
- Transfer of Property Act, 1882: Governs the transfer of property by act of parties in India. Defines sale, mortgage, lease, exchange, gift.
- Registration Act, 1908: Mandates registration of certain documents to ensure authenticity and legal validity, including conveyance deeds.
- Stamp Duty Act (State-specific): Levies stamp duty on instruments recording transactions. Rates vary by state and property value.
- Societies Registration Act, 1860 / State Co-operative Societies Acts: Governs the registration and functioning of housing societies.
- Income Tax Act, 1961: Provisions related to capital gains, TDS on property sale, and PAN linking for property transactions.
Disclaimer: This information is for guidance only and not legal advice. Laws are subject to change.