IMPORTANT: This is a sample of the possession letter for a property, it can be downloaded and customized according to the requirements based upon the nature of property and the other terms and conditions.
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Possession Letter For A Property
I, —————————————————————————————–, do hereby declare:
1) That I am the owner and in possession of property bearing number ————————————————————————————with the freehold rights of the land thereto and competent to handover the possession of the property. I have already executed the title documents of the said property in favor of the person now taking possession from me pursuant to the same.
2) That I have sold and transferred the property thereto to Sh.—————————————————————————————————————————
That I have delivered the actual physical vacant possession of the property thereto to the above named purchaser on the spot and I have received the entire full and final consideration amount from the above named purchaser.
POSSESSION HANDED OVER BY
POSSESSION TAKEN OVER