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Sale Deed

/seɪl diːd/

Property Law Term

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Definition

Instrument transferring absolute ownership from seller to buyer — Section 54 TPA.

Jurisdiction: International

Etymology

From English property law and equity; adapted in India through the Transfer of Property Act, 1882 and related statutes.

Examples

After agreeing to buy a flat, the buyer and seller execute a sale deed before a Sub-Registrar — from that moment legal ownership passes to the buyer.
A sale based only on an unregistered agreement to sell does not transfer ownership — the buyer has a contractual right only, not legal title.

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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Also Known As

conveyance deedtitle deed

Synonyms

legal termlegal conceptjudicial termlaw term

Antonyms / Opposites

agreement to sellGPA transfer

Related Terms

Transfer of Property Act 1882Registration Act 1908gift deedstamp dutySection 54 TPA

Dictionary Entry

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