A Sale Deed, also known as conveyance deed, is a document by which the owner of the property, known as the SELLER or VENDOR transfers his right to the PURCHASER, who, thereby, acquires an absolute ownership of the property. Often, a Sale Deed is executed subsequent to the execution of an agreement for sale, and after compliance of the terms and conditions detailed in the agreement for sale. A Sale Deed is required to be registered compulsarily, upon payment of appropriate stamp duty and registration charges.
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