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Who prepares the Deed of Sale? The deed of sale is drafted by the seller and it includes the details of the transaction. The document should then be notarized by a lawyer, otherwise, it will have no power when presented to authorities or court.
The sale deed document is a valid proof of ownership of the immovable property with all relevant information about the buyer. The sale deed is drafted on a non-judicial stamp paper of value as set by the state government in which the property transaction is taking place.
Certified true copy of the Certificate of Title (TCT) or condominium Certificate of Title (CCT) Tin number of both seller and buyer....Bring the following documents: Deed of Absolute Sale-1 photocopy. TCT OR CCT-1 photocopy. CAR-1 photocopy. Transfer Tax Receipt- 1 photocopy. Latest Tax Receipt OR Tax Clearance- 1 photocopy.
A Deed of Sale is a contract where the seller delivers property to the buyer and the buyer pays the purchase price. The Deed of Sale results in ownership over the property being transferred to the buyer upon its delivery.