When two persons mutually transfer the ownership of one thing for the ownership of another, neither thing nor both things being money only, the transaction is called an Exchange. A transfer of property in completion of an exchange can be made only in the manner provided for the transfer of such property by sale.

As per provisions contains in Section 118 of Transfer of Property Act, when two persons mutually transfer the ownership of one thing for the ownership of another, neither thing or both the things being money only, such a transaction is called an exchange. This definition is not restricted to immovable property only.

Thus, exchange implies, when two separate property owners mutually agree to transfer the ownership rights by exchanging the property. Further, exchange also means exchange of lands and barter of goods too.

If one of the items that has been transferred in money, then it is not an exchange but sale, because sale should always be for a price. But money in one form can be exchanged for money in another.

Fee:

Service charges 5000 INR
Total fees 5000 INR

 

Extra notes:

The Above ReferredService Fee for Drafting& Registration of Property Exchange Deed for carrying out the necessary documentation and other activities comprehensively to enable the Property Exchange Deed Registered.

Purchase the Said Services & Submitted the Property Papers to us :

1) Our Legal Expert will Call you, Understand your Firm Requirements, take the relevant details for the deed drafting & Subsequently draft a Property Exchange Deed & Email you the Same for your review.

2) Upon the Finalization of the draft, You need to purchase the Stamp Papers as per Circle Rates Plus  Gov. Registration Fee to be Paid for which we will guide you & after that we will Fix up an Appointment at the Sub Registrar for the Registration wherein both Buyer & Seller with 2 Witnesses need to be present (with your original Aadhar& Pan Card)  where our legal representative will assist you for the Registration.

3) Within 07 working days our Team will collect the Papers from the Sub-Registrar Office & Handover to you personally or courier it at your address.

Note: Stamp Papers & Government Fee Extra as Applicable.

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