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Is it mandatory to give Sale deed copy to Seller after registration

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Is it mandatory to give Sale deed copy to Seller after registration

Last updated: January 24 2019
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  • Is it mandatory to give Sale deed copy to Seller after registration

    Is it mandatory to give Sale deed copy to Seller after registration. Is it legally mandatory?

    Can any fraud is possible with sale deed copy by seller or any other person.
  • #2

    #2

    Re : Is it mandatory to give Sale deed copy to Seller after registration

    The buyer is probably not legally bound to give the seller a copy of the registered documents, but it is more of a customary thing to give a copy to the seller .

    In India, some kind of a fraud is always possible, whether u give a copy or not .

    Maybe, watermarking the copy of legal documents with something like " for verification only and not for sale purpose " and handing over this copy to the seller might help to curb the Buyer's anxiety over the issue .
    Last edited January 24 2019, 02:48 PM.
    Please read IREF rules | FAQ's

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    • #3

      #3

      Re : Is it mandatory to give Sale deed copy to Seller after registration

      Seller is trying to get a copy saying it is legally required.

      I have tried to search various portals, but havent found any such requirement.

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      • #4

        #4

        Re : Is it mandatory to give Sale deed copy to Seller after registration

        Originally posted by ekthatiger View Post
        Seller is trying to get a copy saying it is legally required.

        I have tried to search various portals, but havent found any such requirement.
        Watermark the copy and give it, as it may be required for Income Tax purposes or for any other legal work .

        No point in getting into a dispute .
        Please read IREF rules | FAQ's

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        • #5

          #5

          Re : Is it mandatory to give Sale deed copy to Seller after registration

          I have already given him a cancelled copy (taken print out, wrote cancelled on all pages, scanned and emailed him) for record keeping and Income tax purposes (all he need is selling price which is clearly visible). But he is insisting on without writing cancelled on it.

          Will try for watermark as well as you suggested.

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          • #6

            #6

            Re : Is it mandatory to give Sale deed copy to Seller after registration

            Yes, try giving him a water marked copy and hopefully that satisfies him .
            Please read IREF rules | FAQ's

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