Flat Sale Purchase Agreement

Remember here that both parties must respect the terms of the sale agreement. Any party that does not comply with any of the terms of the agreement could be brought to justice if the other party so wishes. All parties involved should also ensure that this document can be used as legal evidence before the court of law and that all those who have agreed to comply with the conditions are required to do so. This absolute rule is subject to the exception of Section 53A of the Transfer of Ownership Act. Section 53A provides that the seller has no right to disturb the purchaser`s possession if the purchaser has entered into possession of the property that is the subject of the transfer, while fully acquiring its portion of the contractual obligation. It should be noted that Section 53A provides the proposed purchaser with a shield against the seller and prevents the seller from disrupting the purchaser`s property, but it does not cured the buyer`s property. The property`s ownership remains in the hands of the seller. Signing a purchase agreement becomes important given several factors. First, it is legal proof that the buyer and seller enter into an agreement on the basis of which the future approach will be decided in the event of a dispute. Also, if you apply for a home loan, the bank would not accept your application until you sign a sales contract. 2.

This Party No. 1 ensures that Party No. 2 that the said dwelling be exempt from all possible expenses, such as pre-sale, gifts, mortgages, disputes, disputes, residence orders, seizures, communications, acquisitions, fees, pledges, guarantees, securities, HUF, Benami, property or other registered or unregistered expenses , and if this fact is established differently, which means that part or all of the apartment mentioned above is removed from the hands of Part 2. , then the No. 1 party will compensate for the loss. Party No. 2. A sale agreement is in the future to promise that the property will be transferred to the rightful owner, while thestat is the actual transfer of the buyer`s property. c.

The seller must pay all expenses, including basic rent, taxes, expenses, expenses, charges, charges and exits until the date of handing over of the property to the owners and the transfer of the building is completed. 15. If the building, including the dwelling, is notified before the end of the surrender of the building under the Land Acquisitions Act or other law currently in force for the acquisition or requirement, the buyer has no right to terminate the contract and, in the event of the acquisition of the building, including the dwelling in question, the buyer is entitled to a proportionate part of the compensation if and if it is granted by the government or if it is granted authority.