A Sale deed is widely used among real estate agents and property dealers. This legal document is significant proof of the ownership of any property. The acquisition or sale of a property is not completed legally unless the buyer and seller sign a sale deed. Normally, a sale deed is signed only after both parties are satisfied and comply with the terms and conditions. In simple language, a sale deed is also referred to as a “sale bill.” The term “bill” refers to a legal assignment that can be used by both buyer and seller. The word “sale” in this context points to the fact that it can be used for the benefit of any kind of property, including land, building, farmhouse, or any movable or immovable properties.