A practical breakdown of every section of a sale deed and what to red-flag before signing.
The sale deed is the most important document you'll sign. Here's how to read one even if you're not a legal expert.
Section 1: Parties
Names, addresses and PAN of buyer and seller. Check spelling — even a wrong middle name can cause registration delays.
Section 2: Property description
Survey number, exact dimensions, boundaries, common area share. Match this with the approved plan and encumbrance certificate.
Section 3: Consideration
Total sale value and how it's being paid — bank transfer references go here. Cash components beyond ₹20,000 are illegal.
Red flags to watch
- Vague property descriptions ("approximately 1200 sq.ft.")
- Missing OC reference for ready-to-move
- Indemnity clauses that protect only the seller
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