sales agreement noida
TRANSCRIPT
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AGREEMENT TO SELL
(Without possession)
SALE CONSIDERATION
:- ______________
ADVANCE
:- ______________
BALANCE
:- ______________
STAMP DUTY
:- ______________
This AGREEMENT TO SELL is made and executed at NOIDA, on this ______ day
of ______________ 2008, Between __________________________ S/o
__________________ R/o ________________of the first part, hereinafter called the
VENDOR.
AND
__________________________ S/o __________________ R/o _________
_________________________________________________ _______ of the second
part, hereinafter called the VENDEE.
(The expression and words of the vendor and the vendee shall mean and include their
Legal heirs, successors, nominees, executors, administrators, legal representatives
Respectively).
AND WHEREAS the vendor aforesaid is the allottee of RESIDENTIAL PLOT No.
________________________________________________________________ Area
Measuring ______ Sq. Mtr. Duty allotted by Noida Authority Against
Application Form No. _____, vide Allotment letter No .______________________,
Dated ___________, hereinafter referred to as the property.
AND WHEREAS vendor aforesaid is desirous to sell the said consideration of Rs.
________/- (RUPEES____________________________ only) and the vendee has
also agreed to acquire the same for this very amount.
NOW THIS AGREEMENT TO SELL WITNESSETH AS UNDER:-
1. That the total sale consideration of the said property has been settled at Rs.
_________ /-(RUPEES ________________ only), between both the Parties.
2. That the vendor has received a sum of Rs. ________/- (RUPEES_________
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______ only) from the vendee, the receipt fo which, the vendor hereby
acknowledges. This payment is being made in the following manner :-
MODE OF PAYMENT
AMOUNT (Rs)
3. That balance amount of Rs. __________ /- (RUPEES___________________
only) shall be paid by the vendee to the Noida Authority directly/ as per
Schedule ofNoida.
4. That the vendor shall apply and obtain the permission for Transfer the said
from the NOIDA AUTHORITY in favour of the above said vendee
his/her nominee(s) and shall execute the TRANSFER DEED within two
month after such permission.
5.
That the vendor has assured the vendee that the abovesaid property is free from all
sorts of encumbrances such as mortgage, lien, gift, exchange, disputes, litigation
attachment, pledge and decrees of any court of law, and if proved otherwise the
vendor shall have the rights to recover the entire amount with Cost and expenses
from the movable and immovable properties of the vendor.
6.
That the lease deed has not been executed with the NOIDA Authority and
the vacant physical possession of the said property has also not been handed
over by the NOIDA Authority in favour of the vendor. That it has been agreed
to between the parities that as soon as the registration is permissible, the vendor
shall get the lease deed registered and shall simultaneously hand over the lease to
the vendee and shall take the possession of the said property from the NOIDA
Authority.
7.
That the expenses to be incurred on the execution of the transfer deed on stamp
duty, registration fees and other legal expenses will be borne by the vendee.
8.
That the vendee shall have this the rights to get the transfer deed of the same
property executed in his/her favour or his favour of his/her nominee(s) of
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which the vendor has got on objection.
9.
That the vendor shall be liable to incur all outstanding dues and demands in
Respect of the said property to the date hereof and all future dues shall be paid by
the vendee.
10. That vendor needs the money, so the vendor hereby executes this agreement to sell
with free mind and in his full sense and also in good mental state and without any
outside pressure.
11. That the vendor aforesaid shall hand over the vacant and actual physical
Possession of the above said property to the vendee at the time of execution
of final Transfer Deed.
12.
That in case of breach of any clause by the vendor aforesaid the vendee shall have
the right to get the Transfer Deed registered through court of law after depositing
the balance amount of this agreement to sell and expenses so incurred in the legal
proceedings shall be borne by the vendor.
IN WINTESSES WHEREOF : THE VANDOR AND THE VANDEE HAVE SET
THEIR RESPECTIVE HANDS ON THIS AGREEMENT TO SELL AT NOIDA,
ON THIS _________ DAY OF _________2008, IN THE PRESENCE OF THE
FOLLOWING WITESSES.
PHOTOGRAPHS OF WITNESSES:-
1.
VENDOR.
2.
VENDEE
NAME & ADDRESS OF WITNESSES:-
1.
VENDOR.
2.
VENDEE