Agreement To Sell Land Format

Remember here that both parties must comply with the conditions set out in the sales contract. Any party that fails to comply with any of the conditions set out in the agreement may be brought before the courts if the other party so wishes. All parties concerned should also ensure that this document can be invoked as legal evidence before the courts of the law and that all those who have agreed to comply with the conditions are legally bound by it. 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 admits its obligation to pay the amount of Rs.———————————————, with the exception of interest and damages suffered by Party No.2 and, apart from the reimbursement of the amount of Rs.——————————————————, which is paid on sale under this Agreement. AND CONSIDERING that Party No. 1 admits that the mentioned amount of Rs.——————, if the total and final payment in respect of the property in question. The above definition makes it clear that a contract of sale contains a promise of future transfer of a property in question if certain conditions are met. This agreement itself therefore does not create any right or interest in the property for the proposed buyer.

This absolute rule is subject to the exception provided for in Section 53A of the Transfer of Ownership Act. Section 53A provides that the seller has no right to disturb the ownership thus granted to the buyer, which is the subject of the transfer, while fully aerating to its part of the obligation of the contract. It should be noted that Article 53A offers the proposed buyer protection against the contemptuous and pours out the contemptuous of the buyer`s troublesome property, but it does not heal the buyer`s ownership of the property. Ownership of the property remains in the hands of the seller…