Sale Deed
/seɪl diːd/
Property Law Term
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Definition
Instrument transferring absolute ownership from seller to buyer — Section 54 TPA.
Jurisdiction: InternationalEtymology
From English property law and equity; adapted in India through the Transfer of Property Act, 1882 and related statutes.
Examples
Case Study
In Suraj Lamp & Industries v. State of Haryana (2012), the Supreme Court held that property transfer through General Power of Attorney and Agreement to Sell (without a registered sale deed) does not create legal title. This ruling curbed widespread evasion of stamp duty and registration requirements.
Key Cases
Suraj Lamp & Industries v. State of Haryana
2012(2012) 1 SCC 656
GPA-based property transfers do not create or extinguish legal title. Only a registered sale deed conveys title. Curbed evasion of registration and stamp duty through GPA transactions.
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