What is the difference between the registration of agreement of sale and sale deed?

Hey, My cousin has recently sold his flat and I was there with him during the entire process, I can tell you the difference between registration of agreement to sale and sale deed. Hire NoBroker’s Legal Experts if You Need Help in Drafting or Registering a Sale Agreement! An agreement to sell is a promise of a future transfer of property ownership whereas a sale deed is an actual transfer of property ownership. The sale agreement basically comes before the sale deed, which is executed and signed by the buyer and the seller on non-judicial stamp paper. To execute a sale deed, the buyer needs to pay a registration fee and stamp duty. The sale deed registration concludes the property buying process. If you have bought any property under a sales agreement and got possession, the title of the property remains with the property owner, unless a sale deed subsequently has been executed and registered. So, a title of a property can only be transferred by a sale deed. In there’s no duly registered and stamped sale deed, no interest, title, or right in immovable property, accrue to the property’s buyer. You will learn about the difference between these terms in this answer: What is the Difference Between Sales Agreement and Sale Deed Registration? Read more: What is the Cost for Agreement to Sell Registration?

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