What is the difference between sale, deed & registry?

Sunil Agrawal And Associates14 Feb, 2024Real Estate

A sale deed is a legal document that transfers ownership of a property from the seller to the buyer. It includes details of the transaction, the property description, sale price, and terms agreed upon by both parties. The registry, often referred to as property registration, involves recording the sale deed with the local government authorities. It acts as a legal confirmation of the sale, ensuring public notice of property ownership transfer. Registration typically requires paying a fee and submitting necessary documents to the local land registry office, where the sale deed becomes a public record.