A sale deed is a legal document that serves as evidence of the transfer of ownership of a property from the seller to the buyer. It is the main document that formalizes a property sale transaction.

Here's a breakdown of what it entails:

• Transfer of Ownership: It proves that the seller has transferred all rights to the property to the purchaser.
• Key Components: A sale deed typically includes details like the parties involved (buyer and seller), property description, sale consideration (the amount paid), payment terms, and other relevant clauses.
• Registration: To be legally valid, a sale deed must be registered at the sub-registrar's office. This registration provides it legal validity and serves as a public record of the transaction.
• Importance: It is an important document for both the buyer and seller as it establishes clear ownership for the buyer and relieves the seller of their rights and responsibilities related to the property. It is essential for future transactions involving the property.

In essence, the sale deed is the most important document in a property transaction that acts as evidence of sale and transfer of ownership.