With the introduction of these amendments, documents containing counterparty contracts, any immovable property, including the agreement to sell within the meaning of section 53A of the Transfer of Property Act, 1882, must be registered if they were executed on or after 24 September 2001. The stamp duty corresponding to 90% of the transport tax to be paid on the consideration mentioned in the document is paid on this device and the balance of the 10% of the tax must be paid at the time of completion of the document. It would be in the interest of performers to secure their property rights by registering such documents. Failure to register these documents may lead to the inadmissibility of these documents as evidence in an office or court to assert an action or claim. We ask the implementers of these instruments to refer to Communications No. 56 of 24 September for further details. Introduction of section 17(1)(A) of the Indian Registration Act, which enters into contracts for the transfer of immovable property for remuneration of the type of section 53(A) of the Transfer of Property Act, including the compulsory sale agreement. 10. Part 1 may not in future infringe any of the conditions of the Agreement, failing which Party No 2 has the right to enforce that Agreement by a court having jurisdiction by an action for a specific benefit or, in any other way, at the costs, risks and consequences of Part 1. AND CONSIDERING that Part No. 1 admits that the above-mentioned amount of Rs.——————, when the full and final payment relates to the property in question. Party No. 1 faced Party No.
1. 2 declares that the dwelling in question is self-acquired accommodation of Part 1, where his heirs, successors, family members or other persons have no rights, title, interests or concerns of any kind and, as such, is fully entitled to enter into this contract and to transfer all rights in favour of Part 2 to the conditions agreed between the parties, and are mentioned below: – this sales contract is referred to as ——— on this —————— between ——————————, below part 1. AND Sh ——————————-, party No. 2 below. The expression of Parts 1 and 2, wherever they are in the main part of this Agreement, means and includes their respective heirs, legal representatives, successors, administrators, executors and assigns. While party No. 1 that bonafide Allottee/owner is in possession of a property with the number——————————— has agreed to its needs and bonafide requirements to sell the above mentioned apartment for a sum of Rs.————————— – and party No. 2 has agreed to buy the apartment in question from part No.
1. IMPORTANT: This is only a format of the proposed purchase agreement, for your specific requirements you can contact us for online creation based on your entries. CONSEQUENTLY, both parties signed this agreement in the presence of the following witnesses: 14. That Party No. 1 accepts that this contract of sale remains irrevocable and that Party No. 1 does not revoke or terminate it in any future. 5. This Part No. 1 acknowledges its responsibility that, in the event of charges or in the event of cancellation of the allowance, Party No. 1 acknowledges its obligation to pay the amount of Rs.———————————————, with the exception of interest and damages suffered by Party No.2 and, with the exception of the refund of the amount of Rs.——————————————————, which will be paid on sale under this Agreement. 13. That Party No.
2 after receipt of the full underperformance of Rs. ———— of Part No. 2 and after Party No. 2 has paid/deposited the full balance, does not have to take any further action, except for this one if it is transferred by Party No. 1, since That Party No. 2 is entitled to enforce the transfer instrument either by Party No. 1 or if authorized on a specific date and limitation period, the transaction is not applicable. . . .