Absolute Agreement of Sale

 ABSOLUTE AGREEMENT OF SALE

This Absolute Agreement of Sale is made and executed on this the ____ day of __________ at __________ by and between:-

__________________ S/o W/o D/o __________________ Aged about ___ years Occupation _________ R/o H.No. ______________________________

(Hereinafter called the VENDOR which term shall mean and include his/her heirs, legal representatives, successors, executors, and assignees, etc. of the ONE PART) 

IN FAVOUR OF

__________________ S/o W/o D/o __________________ Aged about ___ years, Occupation _________ R/o H.No. ______________________________

(Hereinafter called the VENDEE which term shall mean and include his/her heirs legal representatives, executors, and assignees, etc., of the OTHER  PART)

      WHEREAS the Vendor the absolute owner and possessor of __________

___________________________________ having purchased  the same from ______________________________________________________________Hereinafter called the Schedule of the Property. 

Reference:_____________________________________________________

______________________________________________________________ 

 NOW THIS SALE DOCUMENT WITNESSES AS UNDER

WHEREAS the Vendor herein offered to sell the said property for a total sale amount of Rs.__________/- (Rupees ______________________ Only) and the said Vendee agreed to purchase the same for the said amount.

    

IN PURSUANCE of the said agreement and in consideration of Rs.__________/- (Rupees ______________________ Only) has been paid by the said Vendee to Vendor and thus having received the entire sale consideration amount the Vendor herein execute this Sale Document in favor of the said Vendee and acknowledges its receipt.           

NOW THE VENDOR COVENANT WITH THE VENDEE AS UNDER

1.      The Vendor have delivered the actual and physical vacant possession of the scheduled property to Vendee today and the said Vendee shall have and retain its possession in any manner the said Vendee likes without any obstruction or hindrance either by the Vendor or anybody else claiming the said Vendee now or in future period.                                                       

         

2.      The Vendor have assured and informed that the Vendee the said property hereby sold to Vendee today is free from all encumbrances, sales, gift, will, sureties, court attachments, family disputes, Govt. or Public litigations, etc.

3.      The Vendor herein declare that the Vendee shall mutate his/her name of the Vendee in any of the office or offices on the light of this Sale Document. 

4.      The Vendor have handed over the link documents, receipts, papers relating to the scheduled property to Vendee today.            

5.      The Vendor herein declare that the Vendee has become an absolute owner and possessor of the said property and shall make construction, additions or alterations over the said property with his/her own funds and shall transfer the same to anybody of his/her choice by way of sale, gift, will, etc.

               

6.      The Vendor herein declare if any litigations, disputes, either of Govt. or Public or any Third Party claims, etc., are found over the scheduled property for any reason the same shall be cleared by the Vendor with all its damages.

7.      The Vendor had got perfect and marketable title to execute this Sale Document of Scheduled Property to Vendee.

SCHEDULE OF THE PROPERTY

All that the _________________________________________________

_____________________ and morefully described in  Plan in Red colour annexed to this document bounded by:-                          

NORTH               ________________

SOUTH               ________________

EAST                   ________________

WEST                  ________________

                                                                                     

          In Witness Whereof the Vendor and the Vendee herein put their hands and signatures on this Absolute Agreement of Sale in the presence of the following witnesses, on the day, month and year first above mentioned at Hyderabad, T.S.

WITNESSES                                          

1.                                                                         VENDOR                

                                                                                  

2.

                                                     VENDEE                

                                                                                  

RECEIPT

I, _______________ S/o W/o D/o ______________ Aged about ___ years, Occupation _________ R/o H.No. ______________________________

Do hereby received a sum Rs.________/- (Rupees ____________  _______________Only) in cash/cheque towards total sale consideration of my  ______________________________________________________________ from the purchaser.

______________S/o W/o D/o _____________Aged about ___ years, Occupation _________ R/o H.No. ______________________________

                                                                            

Hence this receipt of Rs._______/- (Rupees __________________________
Only) is passed by me on this the __ day of _________ at _______________.

WITNESSES:              

                                       

1.                                            

                                                                                    EXECUTANT  

                                                                               

2.