The landlord is the owner of the structure, the common areas of the building, and the land it is built upon.ĭeed of conveyance subject to the mortgage: In this case, subject to the said mortgage the purchaser can, from time to time, enter into and possess or enjoy the land in question and its premises. The conveyance deed is given to the owner as a final document.ĭeed of conveyance of leasehold property: The leasehold ownership of a property means the owner has the right to everything within the four walls of the property but it does not include the external or structural walls. There are three types of conveyance deeds:ĭeed of conveyance of freehold property: A property can be converted into freehold status by the concerned authority, such as the Delhi Development Authority (DDA) or any state authority. The deed is required to be signed by at least two witnesses.Within four months of the execution of the deed, all the original documents related to the sale of the property, need to be produced for registration before the local registrar.The conveyance deed should state the exact date on which the property will be handed over to the buyer. Buyers have the option of having this checked at the local sub-registrar’s office.
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