Draft Agreement For Purchase Of Flat
3. The assignor hereby declares: that this dwelling is free from any charge, claim or claim of any kind and that he is fully entitled to take care of or dispose of it, and undertakes to retain the payment of the assignees of Rs. _____// (Rupees: – _______________________Only) as total compensation, including in lump sums the amount of which is paid by the transferors at or before the performance of this contract against the possession of the apartment in question. The assignor thus acknowledges and acknowledges the NA ET, while the assignor has since paid the full and complete consideration to the relevant authorities and currently holds the flat area of ownership in question ______ Sq.ft. Describe all provisions, contingencies, easements and disclosures that could affect the sale. Contingencies are usually «if» instructions; For example, the buyer will buy the property if they pass a home inspection, or the buyer will buy the property if they are able to get financing. You should also note any easements that are another person`s right to the property. For example, a nearby homeowner may need access to a common entrance. That contract of sale shall be concluded at ——— on that ——————, between ——————————, hereinafter referred to as Part No 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. IN WITNESS WHEREOF both parties have signed this Agreement in the presence of the following witnesses: 1. That all and all of the consideration for the sale of rs.——————- of the part 1 apartment has been received by party 2 and received a separate legal receipt according to the details indicated: Bank cheque No—————— Date ————— issued in the name of Party No 1 and is drawn on ———————————————— – And after receipt of this amount, Part 1 admits that: Part 2 is not due. However, all legal taxes and expenses are imposed by Party No. 2, including stamp duty on the registration of the act of transmission. .