i found the indemnity bond useful .i wud highly appreciate if u cud provide me with lease deed and gift deed. also kindly take care if u cud provide me the shortest possible format for all sorts of deeds including partnership deed

thanx in advance

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Sandeep Pandey (CA FINAL) (1306 Points)
Replied 25 October 2009

Thanks Deepika................. For sharing it

Deeps (Article Assisstant) (2485 Points)
Replied 25 October 2009

Format of Lease Deed

www.karigr.org/modeldeeds/leasedeed.pdf

Deeps (Article Assisstant) (2485 Points)
Replied 25 October 2009

Format of Gift deed

www.karigr.org/modeldeeds/giftdeed.pdf

Deeps (Article Assisstant) (2485 Points)
Replied 25 October 2009

Partnership deed- Just know how to format it

As we have explained before, it is not “necessary” to registar a partnership with the Govt. in most states of the country. (In Maharashtra it is almost compulsary. Check the laws in your state to be sure.)

However, if you do not register your partnership, you will not be legaly protected from disputes between partners etc. as we have explained before. So, it is always wise to register your parnership with the Govt.

In any case, even if you choose not to register your partnership, you should still prepare a “Partnership Deed” which will help resolve problems when disputes between partners arise.

The general procedure for registering a partnership firm all over India is quite similar:

You have prepare a “Partnership deed”
Fill in the required form at the “Registrar Of Firms” office near you.
Submit the required form, the “Partnership Deed” and other supporting documents to the “Registrar Of Firms” for approval.

Preparing the “Partnership Deed”

The “Partnership Deed”, as stated above, must contain:

The amount of capital contributed by each partner
Profit or loss sharing ratio
Salary or commission payable to any partner, if any
Duration of business, if any
Name and address of the partners and the firm
Duties and powers of each partner
Nature and place of business; and
Any other terms and conditions to run the business

The partnership deed is usually not very hard to prepare through a local lawyer.

This partnership deed must be made on stamp paper as per the laws of the place of signing. The whole process of drafting the partnership deed can be done through a trusted lawyer. It should cost you around Rs.1000/- to prepare the deed.

After preparation of the deed, it must be signed by all the partners. It must also have signatures of independent witnesses.

The deed is then submitted to the “Registrar Of Firms” along with the registration form and other supporting documents. On approval of these documents by the “Registrar Of Firms” the “Partnership Firm” is established as a legal entity and can start business under the chosen name.

Deeps (Article Assisstant) (2485 Points)
Replied 25 October 2009

Format of Partnership Deed

Attached File : 2 partnership deed.doc downloaded: 223 times

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Deeps (Article Assisstant) (2485 Points)
Replied 25 October 2009

Warranty Deed

WARRANTY DEED

For good consideration, we (I) ____________________________________________________________ of _____________________________________, County of _____________________, State of _______________________________, hereby bargain, deed and convey to______________________________ of ____________________________, County of ______________________________, State of _____________________, the following described land in _____________________county, free and clear with WARRANTY COVENANTS; to wit:

Grantor, for itself and its heirs, hereby covenants with Grantee, its heirs, and assigns, that Grantor is lawfully seized in fee simple of the above-described premises; that it has a good right to convey; that the premises are free from all encumbrances; that Grantor and its heirs, and all persons acquiring any interest in the property granted, through or for Grantor, will, on demand of Grantee, or its heirs or assigns, and at the expense of Grantee, its heirs or assigns, execute and instrument necessary for the further assurance of the title to the premises that may be reasonably required; and that Grantor and its heirs will forever warrant and defend all of the property so granted to Grantee, its heirs, against every person lawfully claiming the same or any part thereof.

Being the same property conveyed to the Grantors by deed of ______________________________________, dated ___________________, 20____.

WITNESS the hands and seal of said Grantors this ______ day of _________, 20____.

_______________________________________
Grantor

_______________________________________
Grantor

STATE OF ___________________

COUNTY OF _________________

On____________________before me,______________________, personally appeared _________________________________________, personally known to me (or proved to me on the basis of satisfactory evidence) to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument.

WITNESS my hand and official seal.

Signature______________________________

Affiant _____Known _____Unknown

ID Produced______________________

(Seal)