What is this service?
A registered instrument exchanging one immovable property for another.
An exchange deed transfers ownership of two properties between the parties in mutual exchange, with any equality money recorded. It must be stamped and registered like a conveyance.
Why and when you need it
- Why
- Only a registered exchange deed validly transfers ownership by exchange.
- Who needs it
- Owners exchanging properties, commonly within families or between developers and landowners.
- When
- When both sides agree to transfer properties in exchange.
Required documents
- Title documents of both properties
- Khatha and latest tax receipts for both properties
- Encumbrance Certificates for both properties
- Identity proofs of both parties and witnesses
- Valuation particulars where equality money is paid
Identity and supporting documents
- PAN card of each applicant or party
- Aadhaar card or another government photo identity and address proof
- Passport-size photographs
- For companies and associations: incorporation documents, board resolution and authorisation letter
Step-by-step procedure
- Verify title on both properties
- Draft the exchange deed with both schedules and any equality money
- Enter details and upload the draft on Kaveri 2.0
- Pay applicable stamp duty and registration fees
- Attend the SRO for execution and biometrics
Fees, stamp duty and timelines
- Government fee
- Government fees, where applicable, are paid only on the official portal or at the government office. Confirm the current amount on the official portal before payment.
- Assistance charges
- Professional assistance charges are quoted after understanding your requirement. Government fees and SRCHN service charges are always shown separately. Confirm the final quote before work begins.
- Processing time
- Processing time varies by office and case. No completion timeline is guaranteed.
Government fees and SRCHN assistance charges are always kept separate. Nothing here is an invented price - confirm current amounts on the official portal or with our team before paying.
Legal requirements
- Transfer of Property Act, 1882 - exchange
- Registration Act, 1908
- Karnataka Stamp Act, 1957
Common rejection reasons
- Title defect on either property
- Schedule mismatch with revenue or municipal records
Important cautions
Both properties should be independently verified before exchange
Update Khatha and tax records for both properties after registration
FAQs
Is stamp duty payable on an exchange?
Yes, exchanges attract stamp duty on the applicable basis. Confirm the current treatment on the official portal.
