Simple Property Agreement Format To Sell
Simple Property Agreement Format To Sell
Simple Property Agreement Format To Sell
This deed of Agreement to sell is executed at ____ on this ………day of …….…… Between: -
_____ SON OF ______ RESIDENT OF _____, (here in after called the first part.
And
_______ SON OF ____ RESIDENT OF ______, (here in after called the Second part.
WHEREAS the First Party is the owner in possession of Land measuring ___ Sq. yards, forming part of
_______, situated in ______, as per agreement, _______ SON OF _____, is the registered owner of said
property vide registered sale deed document No. _____, dated _____, registered in the office of _____.
The first arty has agreed to sell the agreed property to the second property as per rate ____/- per Sq.
yard, for a total amount of ____/-(____ Only) on these agreed terms and conditions:-
The first party or the seller has received a sum of _____/-( ___ Only) by cash as a token amount and the
balance payment of ____/- will be paid by the second party or the buyer within dated ___ at the time of
implementing the sale deed before the _______. On this terms and conditions hereinafter given: -
1. That if the second party/buyer/purchaser fails to pay the balance amount within stipulated time, the
advance will be lost, and if the first party/seller fail or refuse to implement the sale deed and other
necessary document in favor of second party/purchaser or in the name of his nominees within the
stipulated time, the seller/first party will be responsible to pay the double of the amount given as
advance.
2. The first party/seller is responsible to pay all the dues and clear the balance payment while execution
of sale deed.
3. The purchaser/buyer should execute the sale deed or transfer the property which is in his/her own
name or in the name of his/her nominee.
4. The amount incurred for the execution of the sale deed in the form of expense transfer charges will
be paid by the purchaser/buyer.
5. The seller is held responsible for the handing over of the agreed and aforesaid property in clear and
vacant position, when he receives final payment from the buyer/purchaser.
6. The seller has to give an assurance that the agreed and aforesaid property is free from all sorts of
encumbrances, like mortgage, gift, sale, lien, lease agreement, decree, injunction, suit, etc.
7. Both the parties and their nominees will abide by the terms and conditions of this agreement.
This agreement is agreed and signed in the presence of both the parties in the presence of the witnesses
WITNESES: -
1. FIRST PARTY/SELLER
2. SECOND PARTY/PURCHASER