Property Transfer Letter
Letters of transfer serve the purpose of transferring something or someone from one place to another. A Property Transfer Letter specifies the transfer of a property. It is written by the owner of the property to the person who will be purchasing that property. Properties are of two types, movable and immovable. Movable property, such as jewelry, books, vehicles and utensils, can be easily transported from one place to another. Immovable property, such as land or house, cannot be transported from one place to another.
A Property Transfer Letter is formal in nature and, hence, should be kept short, precise and clear. The writer should include in the letter all the important details about the property, such as registration of the property, power of attorney, the size of the property, loans applicable on the property and whether there is a possessive owner of the property. The writer should also include the date on which the property will be transferred to the purchaser of that property. The tone of the letter should be kept polite and the formal boundaries must be maintained.
The following a sample of a Property Transfer Letter
B-147, II Floor,
Anjaneya Techno Park,
29 March 2017
448-B, I Floor,
Peenya Industrial Area,
Subject: Transfer of Property of Bungalow No. 2
Dear Mr. Rohit Chauhan,
I am writing this letter to inform you that all the formalities with regard to the transfer of property of Bungalow No. 2, located at 7K, Kamaraj Road, Bangalore, Karnataka-560042, have finally been completed and all the rights of the property have been transferred to your name. I, hereby, declare and congratulate you on your position as the new owner of the bungalow.
As you know, the bungalow covers an area of 7223 square feet. The three floored property consists of seven bedrooms and six toilets. The structure of the bungalow is nearly twelve years old and all the three floors were refurbished a short time ago. The addition of services that you had earlier requested has also been conditioned. The lift and the stilt parking have been restored to working condition. The basement of the bungalow has been renovated. The bungalow is free of any kind of claim of legal dispute or case.
I validate that I, Sumit Sirkar, transfer the bungalow to Rohit Chauhan. The property is in excellent condition and also it is in a suitable state for use.
On behalf of my family, I wish you a wonderful stay in the place. I also wish you all the best for your future.