A legal instrument which is executed between the seller and the purchaser which evidences the sale and transfer of ownership of an immovable property is a sales deed. It is compulsory to register a sales deed as per Section 17 of the Registration Act,1908.
It is an important document as it contains the details of the manner in which the seller acquired the property, like the date of transaction, amount of consideration etc. It acts as an essential document especially for the purchaser as it establishes the proof of ownership of the property.
There is proper process to be followed for registration of Sales Deed wherein land/immovable property is prepared by proper documentation, paying stamp fee accordingly and getting it registered in presence of witnesses is a part of that process.