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Haryana Exchange Deed Template
When property owners desire to trade ownership of their property with another to take possession of it, they establish a deed of exchange. A deed of exchange will be used to carry out such a transfer. By executing a deed of exchange, parties can swap money and other assets in addition to immovable property.
As per provisions contained in Section 118 of the Transfer of Property Act, when two persons mutually transfer the ownership of one thing for the ownership of another, neither thing nor both the things being money only, such a transaction is called an exchange. This definition is not restricted to immovable property only.
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