The Unit Transfer Agreement is a crucial legal instrument in Indian real estate transactions, used when transferring ownership rights of a specific unit in a property development. This document is essential for both residential and commercial property transfers, ensuring compliance with the Transfer of Property Act, 1882, and other relevant Indian legislation. The agreement becomes necessary when a unit owner wishes to transfer their property rights to another party, whether in the context of a sale, gift, or other form of transfer. It includes detailed specifications of the property, parties involved, consideration amount, payment terms, and various representations and warranties. The document must be properly stamped and registered according to state-specific requirements to be legally enforceable.
Your data doesn't train Genie's AI
You keep IP ownership聽of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let tiktok成人版's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Parties: Identification of transferor and transferee with complete details
2. Background: Context of the transfer, including details of the property development and original allocation
3. Definitions: Definitions of key terms used throughout the agreement
4. Details of Unit: Specific description of the unit being transferred, including location, measurements, and boundaries
5. Consideration: Transfer price and payment terms
6. Transfer Terms: Core terms of the transfer including timing and conditions
7. Representations and Warranties: Statements of fact and assurances from both parties
8. Covenants: Ongoing obligations of the parties
9. Completion: Process and requirements for completing the transfer
10. Statutory Compliance: Compliance with relevant laws and regulations
11. Notices: Process for sending and receiving formal communications
12. Governing Law and Jurisdiction: Applicable law and courts having jurisdiction
13. Dispute Resolution: Process for resolving disputes between parties
1. Transfer to Nominees: Used when transfer includes nomination rights
2. Mortgage Details: Required when the unit is under mortgage or new mortgage is being created
3. Society Membership: Relevant for transfers in cooperative housing societies
4. Power of Attorney: When transfer is being executed through authorized representatives
5. Foreign Exchange Compliance: Required for transfers involving non-resident Indians or foreign nationals
6. GST Provisions: Needed for transfers where GST is applicable
7. Indemnification: Additional protection clauses for specific risks identified
1. Property Description: Detailed technical description of the unit including floor plan
2. Payment Schedule: Detailed breakdown of payment terms and installments
3. Title Documents: List of documents establishing chain of title
4. Encumbrance Certificate: Details of any existing encumbrances on the property
5. Transfer Approvals: Copies of necessary approvals from authorities
6. Outstanding Dues: Statement of pending payments or dues
7. Handover Checklist: List of items to be completed/checked during physical possession
8. Maintenance Agreement: Terms of maintenance services and charges
Authors
Relevant legal definitions
Clauses
Relevant Industries
Real Estate
Property Development
Construction
Banking
Housing Finance
Property Management
Legal Services
Real Estate Investment
Relevant Teams
Legal
Real Estate
Compliance
Property Management
Documentation
Sales
Operations
Risk Management
Asset Management
Relevant Roles
Real Estate Lawyer
Property Manager
Legal Counsel
Real Estate Agent
Property Developer
Compliance Officer
Title Officer
Real Estate Transaction Manager
Housing Society Secretary
Property Documentation Specialist
Real Estate Portfolio Manager
Find the exact document you need
Assignment And Transfer Of Partnership Rights
An Indian law-compliant agreement for transferring partnership rights and interests from one party to another, including associated rights, obligations, and liabilities.
find out more
Assignment On Intellectual Property Rights
An Indian law-governed agreement for transferring intellectual property rights from an Assignor to an Assignee, ensuring complete and legally compliant transfer of IP ownership.
find out more
Shop Ownership Transfer Agreement
An Indian law-governed agreement facilitating the complete transfer of shop ownership, including property rights, business assets, and operational responsibilities from seller to buyer.
find out more
Trademark Assignment
An Indian law-governed agreement for transferring trademark ownership rights from one party to another, requiring registration with the Indian Trademark Registry.
find out more
Confirmatory Patent Assignment
An Indian law-compliant document that confirms and formalizes a previous transfer of patent rights between parties, ensuring clear title and legal compliance.
find out more
Money Transfer Contract
An Indian law-governed agreement establishing terms for monetary transfers between parties, ensuring regulatory compliance and defining transfer mechanics.
find out more
Transfer Contract
An Indian law-governed agreement facilitating the formal transfer of assets, property, or rights between parties, ensuring legal compliance and protection of interests.
find out more
Assignment Of Intellectual Property Rights
An Indian law-governed agreement for transferring intellectual property rights from one party to another, ensuring legal compliance and protection of transferred IP assets.
find out more
Employee Transfer Agreement
An India-compliant agreement facilitating the formal transfer of an employee between employers while maintaining employment rights and benefits.
find out more
Business Asset Transfer Agreement
An Indian law-governed agreement for the transfer of business assets between entities, detailing terms of sale, asset specifics, and transfer mechanics.
find out more
Simple Business Sale Agreement
An Indian law-governed agreement for the sale and purchase of a business, outlining key terms and conditions for ownership transfer.
find out more
Partial Assignment Of Lease
An Indian law-compliant agreement that enables the transfer of partial lease rights from an existing tenant to a new tenant while maintaining certain rights with the original tenant.
find out more
Note Transfer Agreement
An Indian law-governed agreement facilitating the transfer of a promissory note from one holder to another, including terms of transfer and associated rights.
find out more
Interest Transfer Agreement
An Indian law-governed agreement facilitating the transfer of interests in property, assets, or rights between parties, ensuring compliance with local registration and stamp duty requirements.
find out more
Equity Transfer Contract
An Indian law-governed agreement for the transfer of equity shares between parties, detailing terms, conditions, and regulatory compliance requirements.
find out more
Domain Transfer Agreement
An Indian law-governed agreement facilitating the legal transfer of domain name ownership between parties, ensuring compliance with both domestic IT laws and international domain policies.
find out more
Business Transfer Of Ownership Contract
An Indian law-governed agreement facilitating the complete transfer of business ownership from one party to another, including assets, employees, and liabilities.
find out more
Business Lease Transfer Agreement
An Indian law-governed agreement facilitating the transfer of commercial lease rights and business interests between lessees, with landlord's consent.
find out more
Assignment Of Sublease
A legal document under Indian law that transfers sublease rights and obligations from an existing subtenant to a new subtenant, requiring proper registration and compliance with property laws.
find out more
Assignment Of Limited Partnership Interest
An Indian law-governed agreement for transferring limited partnership interests from one party to another, compliant with Indian partnership legislation.
find out more
Brand Transfer Agreement
An Indian law-governed agreement for transferring ownership of brand assets, including trademarks and associated intellectual property rights, from one entity to another.
find out more
Facility Transfer Agreement
An Indian law-governed agreement facilitating the comprehensive transfer of facility ownership and operational control between entities, ensuring regulatory compliance and structured transition.
find out more
Small Business Transfer Agreement
An Indian law-governed agreement facilitating the complete transfer of a small business from seller to buyer, including assets, operations, and liabilities.
find out more
Loan Takeover Agreement
An agreement governed by Indian law that facilitates the transfer of an existing loan facility from one lender to another, including associated rights and obligations.
find out more
Assignment And Transfer Of Copyright
An Indian law-governed agreement for transferring copyright ownership from one party to another, compliant with the Indian Copyright Act, 1957.
find out more
Transfer Of Property Rights Agreement
An Indian law-compliant agreement facilitating the legal transfer of property rights between parties, governed by the Transfer of Property Act, 1882.
find out more
Software Source Code Transfer Agreement
An Indian law-governed agreement for transferring ownership and rights of software source code between parties, including all associated intellectual property rights.
find out more
Intercompany Employee Transfer Agreement
An India-compliant agreement governing temporary employee transfers between related companies, addressing employment terms, benefits, and regulatory requirements.
find out more
Assignment Of Lease Contract
An Indian law-compliant agreement that transfers lease rights from an existing tenant to a new tenant, with landlord's consent and necessary legal safeguards.
find out more
Assignment Of Interest Agreement
An Indian law-governed agreement facilitating the transfer of rights, titles, or interests from an Assignor to an Assignee, with associated terms and conditions.
find out more
Promissory Note Transfer Agreement
An Indian law-governed agreement documenting the transfer of a promissory note from one holder to another, ensuring legal compliance and enforceability.
find out more
Music Copyright Transfer Agreement
An Indian law-governed agreement for transferring copyright ownership of musical works, compliant with the Indian Copyright Act, 1957, and its amendments.
find out more
Agreement To Transfer Shares Of Private Limited Company
An Indian law-governed agreement facilitating the transfer of shares between parties in a private limited company, ensuring compliance with the Companies Act, 2013.
find out more
Vehicle Ownership Transfer Agreement
A legally binding agreement for vehicle ownership transfer in India, compliant with the Motor Vehicles Act and state regulations.
find out more
Assignment Of Lease By Landlord
An Indian law-compliant document transferring a landlord's lease rights and obligations to a new landlord while preserving existing tenant arrangements.
find out more
Stock Transfer Restriction Agreement
An Indian law-governed agreement that establishes restrictions and procedures for share transfers in private companies, protecting existing shareholders' interests.
find out more
Software Ownership Transfer Agreement
An Indian law-governed agreement for transferring complete ownership rights of software, including IP rights, source code, and related assets.
find out more
Simple IP Assignment Agreement
An Indian law-governed agreement for transferring intellectual property rights from one party to another, ensuring legal compliance and clear ownership transfer.
find out more
Project Transfer Agreement
An Indian law-governed agreement facilitating the transfer of a project between entities, including assets, liabilities, and associated rights and obligations.
find out more
Transfer Of Land Ownership Agreement
An Indian law-compliant agreement facilitating the legal transfer of land ownership between parties, incorporating essential transfer terms and regulatory requirements.
find out more
骋别苍颈别鈥檚 Security Promise
Genie is the safest place to draft. Here鈥檚 how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; 骋别苍颈别鈥檚 AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)