CANCELLATION
AGREEMENT OF SALE
This
Cancellation of Agreement of Sale is made and executed on ____ day of ___________ at __________ by and between:-
_____________ S/o W/o D/o ____________
Aged about ____ years, Occupation ___________ R/o H.No.
___________________________________________
(Hereinafter
called the FIRST PARTY of the One
Part)
IN FAVOUR OF
_____________ S/o W/o D/o ____________
Aged about ____ years, Occupation ___________ R/o H.No.
___________________________________________
(Hereinafter
called the SECOND PARTY of the Other Part)
WHEREAS
the First Party and Second Party have executed Agreement of Sale in respect
of ________________________________________________________________
________________________________ by receiving the amount of Rs._______/-(Rupees
_______________ Only) by the First Party from the Second Party under the
Agreement For Sale Dated: _______ out of total sale consideration of
Rs._________/- (Rupees __________________ Only).
NOW THIS
CANCELLATION OF AGREEMENT OF SALE WITNESSETH AS UNDER
WHEREAS
the Second Party have requested to First Party to return the said advance
amount which he/she have paid to First Party under the said Agreement Of Sale
Dated: ________ and the First Party have revoke the said Agreement Of Sale
Dated: ________.
AND
WHEREAS the Second Party have received the advance amount of Rs.__________/- (Rupees
_____________ Only) from the First Party and the First Party herein cancel the
said Agreement Of Sale Dated: _________.
AND
WHEREAS from the date of this cancellation of Agreement Of Sale the Second
Party shall have got no claim, demand, possession, right, interests etc., in
the said property i.e., _______________________________________________ the same shall be enjoyed by the
Second Party as its owner.
That
from the date of this Agreement Of Sale the Second Party or his/her heirs shall
not deal or carry any acts in respect of the said property as the Second Party have received the advance amount of Rs._______/- (Rupees _________________ Only)
from the First Party under this CANCELLATION
AGREEMENT OF SALE.
AND
WHEREAS the said property is Nil Encumbrance till the date of this cancellation
of AGREEMENT OF SALE DATED: __________.
SCHEDULED OF
THE PROPERTY CANCEL
All
that the______________________________________________________
_____________________________________ and bounded by:
NORTH : _____________.
SOUTH : _____________.
EAST : _____________.
WEST : _____________.
IN
WITNESS WHEREOF the First Party and Second Party herein put their hands and
signatures on this Cancellation of Agreement Of Sale in the presence of the
attesting witnesses on the day month and year first above mentioned at __________.
WITNESSES
1.
FIRST
PARTY
2.
SECOND
PARTY