Dear Sir/Madam, Yes, you can sell your property, if you have own title on your property legally. Regarding Sale, under section 54 of Transfer of Property Act, says about sale, Sale is at transfer of ownership in exchange for a price paid or promised or part paid or part promised. Such a transfer in the case of tangible immovable property of the value of one hundred rupees and above or in the case of a reversion or other intangible thing, can be made only by a registered documents. With regard to 'Sale Agreement' it does not itself create any interest in or charge on such property. Regarding transfer of property by way of sale - the principals and rules - explained in section 54 to 57 Transfer of Property Act. the essential elements of sale are 1. the parties. 2. the subject matter. 3. the conveyance. 4. the consideration. The consideration must be established other wise the sale is voidable. The registered document - sale deed should be registered as per section 17 (1) of Registration Act, 1908. ... if you want more advice in this regard, I will advice under paid service... best of luck... kindly review your user rating to my answer/reply.... by Chandrashekhar Vithal Jadhav, Advocate & Legal Consultant, Bangalore.
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