பரிவர்த்தனை ஆவணம் (Exchange Deed)
The Tamil Nadu Registration Department issued this official guidance as a model exchange deed for two property owners who agree to exchange their properties. It records that the second party receives the property in Schedule A, the first party receives the property in Schedule B, and each party gives up future rights over the property transferred.
What the document covers
The Tamil Nadu Registration Department model exchange deed is intended for two people who own separate properties and want to exchange them for convenience. The form identifies them as the first party and second party and provides blanks for their names, addresses, ages, identity card details and mobile numbers.
The exchange deed is a template. Property descriptions, names, dates and earlier document details must be inserted before it can describe a particular transaction.
Ownership details recorded
The model exchange deed divides the properties into Schedule A and Schedule B. It records the basis on which each party acquired and possessed the relevant property:
- The first party owns and enjoys the Schedule A property under an earlier sale deed.
- The second party owns and enjoys the Schedule B property under an earlier sale deed.
- The form provides spaces for the date, Sub-Registrar Office, Book 1 reference, year and document number of each earlier sale deed.
Effect of the exchange
The exchange deed states that, from the date of execution:
- The second party receives the Schedule A property.
- The first party receives the Schedule B property.
- Each recipient may transfer the patta into their own name and pay the relevant taxes and charges.
- Each recipient may possess, enjoy, gift, transfer or sell the property received, with full ownership rights.
The first party and the first party's heirs retain no right or future claim over the Schedule A property. Similarly, the second party and the second party's heirs retain no right or future claim over the Schedule B property.
Supporting documents and consent
The model exchange deed records that the first party hands the supporting documents for Schedule A to the second party. The second party hands the supporting documents for Schedule B to the first party.
The exchange is stated to be made voluntarily, with both parties consenting in the presence of witnesses. Property owners and professionals using the format should ensure that the two schedules and all blank identity and prior-document fields accurately match the intended exchange.
This summary is generated from the source document to help you find what is relevant. The PDF above is authoritative. For advice on your own property, use LandLens One or speak to a qualified professional.
Common questions
Who receives the Schedule A property?
The second party receives the Schedule A property from the date of the exchange deed.
Who receives the Schedule B property?
The first party receives the Schedule B property from the date of the exchange deed.
Can either party's heirs later claim the property that was transferred?
The model states that the first party and their heirs have no right or future claim over Schedule A, and the second party and their heirs have no right or future claim over Schedule B.
What happens to the supporting property documents?
The first party gives the Schedule A supporting documents to the second party, while the second party gives the Schedule B supporting documents to the first party.
