• Deed for Common rights on open residential land

15 of our friends purchased a agricultural land and registered it in one of my friends name for convenience. And we have made Nala conversion of the land in his name.
We actually planned to construct a apartment to live together in future in that land.
Now we want that land to be registered in all 15 names.
Please suggest a suitable deed for transfer rights from one person to 15 members as common undivided land as a single deed.
Asked 1 year ago in Property Law
Religion: Hindu

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5 Answers

You can get a partition deed executed among yourselves.

A partition deed is a legal document used in property law to formalize the division of jointly-owned property among co-owners.

The partition deed needs to be registered and stamped.

The partition deed should specify each person's shares in the property.

Before that you all execute a joint purchase agreement among yourselves stating that you all intend to buy the property but the registration to be done on one single person which can be divided among yourselves at a later date.

This backdated deed can be prepared in advance so that this becomes an evidence for the investment made by all others which will then enable you to get the partition deed executed and registered accordingly

T Kalaiselvan
Advocate, Vellore
90028 Answers
2497 Consultations

Your friend can execute gift deed in favour of his friends for undivided share in land 

Ajay Sethi
Advocate, Mumbai
99826 Answers
8148 Consultations

Double stamp will levy. Only way is to register gift deed of 1/14th share in land to. Gift deed/sale deed only option.  

Yogendra Singh Rajawat
Advocate, Jaipur
23083 Answers
31 Consultations

- Since, the entire property is under the ownership of your friend , then being the owner of the property he has right to transfer to you all legally.

- He can either execute a registered gift deed in favor of all or to save of stamp duty he can execute a registered Partition deed. 

- A partition deed is executed for a property to divide the property among different people.

Mohammed Shahzad
Advocate, Delhi
15821 Answers
242 Consultations

Dear Client,

To transfer the agricultural land from one person to 15 members, a suitable deed would be a "Deed of Partition" or a "Sale Deed" depending on whether the land is being divided into specific shares or held as an undivided interest.

  1. Deed of Partition: If the intention is to divide the land into specific shares among the 15 members, a deed of partition can be used. This would clearly outline each party’s share in the property.
  2. Sale Deed: If the land is to be held jointly as an undivided property, a sale deed transferring the ownership from the single owner to the 15 co-owners can be executed. The sale deed should specify that each of the 15 co-owners has an undivided share in the property.

For the execution of the deed, a legal document needs to be drafted detailing the transfer of the land from the current owner to the 15 new co-owners. The deed should clearly mention the share of each co-owner in the property. Next final steps include, calculation of stamp duty and registration with the local sub-registrar’s office where the property is located. Once the deed is registered, the new owners should apply for the mutation of property in the revenue records to reflect the change in ownership. It’s crucial to consult with a legal professional to ensure compliance with all local laws and regulations and to draft the deed accurately to avoid any future legal issues. Should you require any further clarification, please do not hesitate to contact us.  

Anik Miu
Advocate, Bangalore
11020 Answers
125 Consultations

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