Deed of Exchange of Properties by Shiva.

Deed of Exchange of Properties

THIS DEED OF EXCHANGE is made the . . . . . . . . . day of . . . . . , 20 . . . . . . . . ., BETWEEN A.B., aged . . . . . . . . . years, son of . . . . . . . , resident of . . . . . . . . . . . . ., (hereinafter called the ‘‘First Party’’ which expression shall include his heirs, successors and representatives) of the one part AND C.D . . . . . . . . . ., aged . . . . . . . . . years, son of . . . . . . . , resident of . . . . . . . . . . . . . . . . . ., (hereinafter called the ‘‘Second Party’’ which expression shall include his heirs, successors and representatives) of the other part.

WHEREAS the said A.B. is the absolute owner in possession of the properties mentioned in Schedule ‘‘A’’ hereto annexed and the said C.D. is the absolute owner in possession of the properties given in Schedule ‘‘B’’ annexed hereto;

AND WHEREAS the properties given in both schedules, ‘‘A’’ and ‘‘B’’, are free from all encumbrances and charges whatsoever and each is of the value of Rupees . . . . . . . (Rs . . . . . . . ) only;

AND WHEREAS the said A.B. and C.D. are desirous of mutually transferring the said properties.

NOW, THEREFORE, THIS EXCHANGE WITNESSES that the said A.B. hereby transfers absolutely free from all encumbrances, whatsoever, the properties mentioned in Schedule ‘‘A’’ annexed hereto to the Second Party and the said C.D. in consideration of the said exchange hereby transfers absolutely free of all encumbrances, whatsoever, the properties given in Schedule ‘‘B’’ annexed hereto to the First Party.

AND it is hereby declared that either party will hold the properties transferred hereafter as absolute owners thereof without any interruption from the other.

IT IS ALSO AGREED AND DECLARED that either party hereto has power and authority to give, grant, convey and sell the property mutually conveyed by this deed.

AND it is also agreed that either party will, at the request and cost of the other, execute every such assurance and do every such act, deed or thing for further and more perfectly assuring to the other the properties hereby mutually conveyed.

That this deed shall be executed in duplicate and each document bear the registry endorsements in full. The stamped document to be kept by A.B. and the duplicate by C.D.

IN WITNESS whereof the said A.B. and C.D. have hereto signed at . . . . . .  the day and the year first above-mentioned.

Witnesses:

1.                                                                   Sd. A.B.

2.                                                                   ?  First Party.

Sd. C.D.

Second Party.

Schedule of Properties

SCHEDULE ‘‘A’’

Serial No. Detail of property Yearly income Approximate value

Total . . . . . . . .

SCHEDULE ‘‘B’’

Serial No. Detail of property Yearly income Approximate value

Total . . . . . . . .

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