Deed of Exchange of Properties by separate Mutual Conveyances

Deed of Exchange of Properties by separate Mutual Conveyances

This indenture made the ………… day of …………… between CD of, etc., of the one part, and AB of, etc., of the other part.

WHEREAS the said AB was the sole and absolute owner of the property described in Schedule A hereto AND WHEREAS the said CD was and presently is the sole and absolute owner of the property comprised in Schedule B hereto AND WHEREAS the parties are in uninterrupted possession and enjoyment of their respective properties AND WHEREAS the parties having agreed as to mutual transfer by way of exchange of their said respective properties and in part performance thereof by a deed bearing even date with these presents and made between the said AB of the one part and the said CD of the other part, the property comprised in Schedule A hereto has been granted, transferred and conveyed by the said AB unto and to the use of the said CD absolutely and forever TO HAVE AND TO HOLD in exchange for the property hereunder transferred and conveyed by the said CD in favour of AB. Now this indenture witnesses that in further pursuance of the aforesaid agreement and in consideration of the premises, the said CD as beneficial owner do hereby grant, transfer and convey to the said AB free from encumbrances the property comprised in Schedule B hereto: TO HAVE AND TO HOLD the same unto and to the said AB, his heirs, executors, administrators or assigns absolutely and forever in exchange of the property transferred and conveyed by the said AB unto and in favour of CD as hereinbefore recited.

It is hereby agreed that the said CD will, at the request and costs of the said AB, execute every such assurance and do every such act, deed or thing as shall reasonably be required by the said AB for further or more perfectly assuring to the said AB the property hereby conveyed to him.

It is hereby declared that the value of the property hereby conveyed is
Rs. ………………………

Schedule A—Description of the property conveyed to CD

Schedule B—Description of the property conveyed to AB

In witness whereof the parties hereto have executed these presents on the day, month and year first above-written.

Signed, sealed and delivered by CD

in the presence of:

Signed, sealed and delivered by AB

in the presence of: