Reconveyance Of Title Deed

RECONVEYANCE OF TITLE DEED

          This Reconveyance of Title Deed is made and executed on this the ___ day of ______________ at _____________ By and between:

___________ S/o W/o D/o __________ Aged about ____ years, Occupation  __________ R/o H.No. ___________________________________________

(Hereinafter called the  FIRST PARTY which term shall mean and include all his/her heirs, legal representatives, executors, administrators and assignees etc. )

 IN FAVOUR OF

____________ S/o W/o D/o __________ Aged about ____ years, Occupation  ___________ R/o H.No. ____________________________________________

( Hereinafter called the  SECOND PARTY which term shall mean and include all his/her heirs, legal representatives, executors, administrators, and assignees etc.)

                                                                                            

          WHEREAS, the Second Party has executed a Registered Title Deed of _______ in favour of First Party in respect of the property ____________________________ which is got registered as Document No._______, dated: ________ registered at ___________________ Office.

          WHEREAS, Second Party has paid the _________ amount of  Rs.___________/- (Rupees ________________________ Only) to First Party in full satisfactory of all the dues of the First Party under the said registered deed.

NOW THIS RECONVEYANCE OF ___________ OF TITLE DEED WITNESSETH AS UNDER

1. That the _______ amount of Rs._________/- (Rupees _______________________ _______ Only) being the Principal sum, and costs due under the said deed having  been  paid  by  the  Second  Party to the First Party, the receipt whereof the

2. First Party do hereby admit, acknowledge and confirm the First Party do hereby release discharge and reassure the above said property hereto from all principal money, costs, claim and demand secured by the said ____________.

                                                                                     

2.       That the First Party covenants with the Second Party, the __________ amount is fully and completely paid and there is no debt left and therefore its security is automatically extinguished.

3.       That the First Party hereby further convenience with the Second Party the said First Party has not done, executed or performed or knowingly suffered to the contrary or being a party or privy to any act, deed or anything whereby or by reason or means whereof the said property or any one or part thereof is/are or may be affected or prejudiced in title or estate in any way whatsoever or that the said First Party may be hindered or estate in any way whatsoever or that the said First Party may be hindered or prevented from releasing or reassuring the same in the manner herein before indicated.

4.       The Title Deed _____________ bearing Document No. ___________, dated: __________ at ____________________ Herein after shall be deemed to have become null and avoid.                                                                                                                           

SCHEDULED OF THE PROPERTY

          All that the _______________________________________________________ and bounded by:-

          NORTH      :         ____________.

          SOUTH      :         ____________.

          EAST          :         ____________.

          WEST         :         ____________.

          IN WITNESS WHEREOF, the First Party herein has signed on this Reconveyance of ____________ Deed with his/her own free will and consent on this day, month year and place first above mentioned in the presence of the following witnesses.

WITNESSES:

                                                                                     

1.

FIRST PARTY

2.