Kagaznama

Seller Disclosure Statement

At a glance

Price
Free
Stamp duty
No conveyance duty for this non-binding record.
Registration
Not compulsory — a contract for sale creates no property interest (TP Act 1882 s.54).
Witnesses
Not legally required for a preliminary record.

Free

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Guided questions, full draft on screen, download in Word.

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Also called

  • property seller disclosure
  • pre-sale disclosure statement
  • vendor disclosure

When you need it

For a seller disclosing material facts before the agreement to sell is signed: title capacity, mortgages/charges, disputes, occupancy, dues, approvals, alterations, known defects. TP Act 1882 s.55(1)(a) puts a disclosure duty on the seller for defects known to them, unknown to the buyer, undiscoverable by ordinary care.

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Not a substitute for diligence, but forces known issues onto the record.

Whether you can fill this in here

You can fill this in here

You can fill this one in on this site, and read the whole draft on screen before you decide anything about it. It is a carefully drafted template; it is not advice about your own facts.

Fill this one in
See stamp duty, registration and witnesses

What follows is written for Punjab and Chandigarh. It states the position there rather than describing how it varies, so the amounts below are the ones that apply — worth confirming at the sub-registrar’s office, because rates change. If the property is anywhere else in India, none of this is yours.

Stamp duty

No conveyance duty for this non-binding record. If reworded as a binding sale, transfer, charge or release, duty follows its true character.

Registration

Not compulsory — a contract for sale creates no property interest (TP Act 1882 s.54). Registrable only at the eventual agreement/conveyance stage.

Notarisation

Not required; doesn't replace stamping/registration later.

Witnesses

Not legally required for a preliminary record. Two witnesses are prudent only for a binding term sheet.

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Sample preview — placeholder answers, not your data

SELLER DISCLOSURE STATEMENT
1. SELLER AND TITLE

Seller: Harpreet Singh. Buyer/prospective buyer: Aarav Sharma. Property: Plot 218, Eco City 1, New Chandigarh, Punjab (Apartment): Residential plot measuring approximately 300 sq yd in Eco City 1.. Disclosure date: 1 April 2026.

Seller capacity: Registered owner. Main title/authority record: Sale Deed registered 15 June 2018, document no. 4123.

2. ENCUMBRANCES AND DISPUTES

Encumbrance position: No known mortgage, charge or attachment except those stated below.

Litigation/dispute position: No known pending property litigation or title dispute except stated below.

3. OCCUPANCY AND DUES

Occupancy: Vacant and in seller possession. Dues: No known overdue property tax, society or utility dues except stated below.

4. APPROVALS, ALTERATIONS AND NOTICES

Approval/completion position: Seller holds the material approvals/completion records stated in document list.

Alterations: No known material unauthorised alteration except stated below. Authority/society notices: No known outstanding notice affecting the property except stated below.

5. MATERIAL DEFECTS

Physical-defect disclosure: No known material defect not apparent on ordinary inspection except stated below.

6. DECLARATION

Information is true to seller’s knowledge after reasonable review of available records. Section 55(1)(a) of the Transfer of Property Act, 1882 addresses the seller’s duty, absent contract to the contrary, to disclose material defects in the property or seller’s title known to the seller and not known to the buyer where the buyer could not with ordinary care discover them. This statement supports, but does not replace, buyer diligence.

PERSONAL DATA NOTICE

This notice is given under the Digital Personal Data Protection Act, 2023. Personal data in this document is collected only to record material seller disclosures before the buyer decides whether and on what terms to proceed, communicate about that purpose, verify information expressly supplied, and retain an evidentiary record.

The record will be held by Sachdeva Estates and may be shown only to the buyer, seller, authorised broker/agent, advocate, lender, valuer, project promoter, escrow/payment provider or statutory authority directly involved in the stated property transaction or verification.

If the proposed transaction does not proceed, or this document is withdrawn before it takes effect, the personal data will be retained for 90 days from that decision and then erased. If the transaction proceeds, the record will be retained for the term of the transaction plus 12 months and then erased, except for a record that a statute requires to be kept for a longer named period.

A person named in this document may withdraw consent for future consent-based processing, request correction or erasure when the stated purpose has ended, or raise a grievance by writing to support@kagaznama.com. The record-holder should acknowledge and respond within 30 days.

Questions about this document

Does the Seller Disclosure Statement need stamp paper or stamp duty in Punjab and Chandigarh?

No conveyance duty for this non-binding record.

See the full position on stamp duty, registration and witnesses
Does the Seller Disclosure Statement need registration in Punjab and Chandigarh?

Not compulsory — a contract for sale creates no property interest (TP Act 1882 s.54).

See the full position on stamp duty, registration and witnesses
What does the Seller Disclosure Statement cost on Kagaznama?

Free.

Documents are free. Only kits are paid.

Does the Seller Disclosure Statement need witnesses?

Not legally required for a preliminary record.

See the full position on stamp duty, registration and witnesses

Often needed with this document

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Seller Disclosure Statement — format | Kagaznama