Sale Deed

Description

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Additional information

When an NRI (Non-Resident Indian) sells a property in India, the following documents are typically required for the sale deed:

1. Original Sale Deed:
   • The original sale deed/title deed of the property, which proves ownership of the property. This document is executed at the time of purchase and contains details such as the property’s description, boundaries, ownership details, and sale consideration.
2. Encumbrance Certificate:
   • A certificate issued by the local Sub-Registrar’s office confirming that the property is free from any legal dues or encumbrances. It provides a history of transactions related to the property, ensuring there are no existing mortgages, liens, or pending litigations.
3. Possession Certificate:
   • This certificate confirms that the seller has lawful possession of the property and has the right to sell it.
4. Latest Property Tax Receipts:
   • Receipts of property tax payments made by the seller, confirming that all property taxes are up-to-date.
5. Copy of PAN Card:
   • Copy of the PAN (Permanent Account Number) card of the seller, which is mandatory for property transactions in India.
6. Proof of Identity:
   • Copy of the seller’s valid passport or any other government-issued photo identification document.
7. Power of Attorney (POA) (if applicable):
   • If the seller appoints someone in India to represent them during the property sale process, a Power of Attorney document may be required.
8. Foreign Inward Remittance Certificate (FIRC) (if applicable):
   • FIRC serves as proof of the source of funds received from abroad for the property purchase, if applicable.
9. NRI Status Proof:
   • Proof of Non-Resident Indian (NRI) status, such as a valid visa or work permit from the country of residence.
10. Bank Account Details:
    • Details of the seller’s NRE (Non-Resident External) or NRO (Non-Resident Ordinary) bank account where the sale proceeds will be deposited.
11. Capital Gains Tax Documents (if applicable):
    • If there are capital gains arising from the property sale, documents related to the calculation and payment of capital gains tax should be provided.