Tuesday, July 16, 2019

Agreement Of Sale


AGREEMENT OF SALE








       This Agreement of Sale is made and executed on this the ___ day of _______ at _____________ by and between:-


           
         
          _____________ S/o W/o D/o _____________      
          Age _____ 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 _____________      
          Age _____ Occupation________________ 
          R/o H.No. _____________________________________________
          _____________________________________________________



(Hereinafter called the VENDEE which term shall mean and include his/her heirs, legal representatives, successors, executors, and assignees, etc., of the OTHER  PART)                                                              
            WHEREAS the Vendor is the absolute owner and possessor of ___________
____________________________________________________________________________________________________________________________________________________________________ Hereinafter referred to as SCHEDULE PROPERTY


NOW THIS AGREEMENT OF SALE   WITNESSETH AS UNDER





WHEREAS the Vendor herein offered to sell ______________________________
__________________________________________________________________________________________________________________________________________  for a total sale consideration of Rs.________/- (Rupees ___________________Only) and the said Vendee herein 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 Vendee to Vendor as a advance and  thus having received the said amount Vendor herein execute this Sale Document/Agreement in favour of the said Vendee and have also passed a separate receipt of it.   

            NOW THE VENDOR COVENANT WITH THE VENDEE AS UNDER

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

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
2.      The Vendor have
assured the Vendee that the said house hereby sold today is free from all encumbrances, charges demands, sales, gift, will, mortgages, family disputes, court attachments, Govt. or Public litigations  etc.  The Vendor hereby declare that the said property is not subject to any litigations attachments, decree or any court or liability of any person whatsoever even either by surety or security etc.

                                                                   
3.      The remaining balance sale consideration of Rs. _________/-(Rupees ___________________________ Only) will be paid by the said Vendee to Vendor at the time of registration of sale deed as and when the Vendor will clear the MCH Property With Assessment and will also clear the electricity and water dues.                

4.      The Vendor have handed over the all the relating link papers,   documents, of the property to the Vendee today for his/her record purpose.                                                                        
                                                                                     
5.      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.                                            
        
6.      That the Vendor further declare that the property hereunder sold to the Vendee he/she has being the true, lawful and exclusive owner and possessor of the same he/she is having every marketable title to sell the same to the Vendee and there was no legal impediment or hitch in it.      
                                     
7.      That the Vendee shall hereafter enjoy with the property without any interruption or disturbance either from the Vendor  or  from  any  other  person  or persons  claiming through his/her. In case any claim arises from any corner the Vendor shall be held responsible to settle the same and make good with his/her own funds.
   8.      The Vendor have got perfect and marketable title to execute this Sale Deed of Scheduled Property.  


                                SCHEDULED OF THE PROPERTY

          ALL THAT _____________________________________________________
__________________________________________________________________ morefully described in Plan “RED colour and annexed to this Sale Deed bounded by:


                                                         
NORTH     :  ______________.

                         
SOUTH      :  ______________.

         
EAST         :   ______________.

   
          WEST        :  _______________.

                                                                            

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



WITNESSES               
                                                                                                                                     
1.                                                                                                                              VENDOR  
                                                                                                                                     

2.               

                                                                                                    VENDEE

                                                                         
RECEIPT

I,
          _____________ S/o W/o D/o _____________      
          Age _____ Occupation________________ 
          R/o H.No. _____________________________________________
          _____________________________________________________


Do hereby received a sum Rs.________/- (Rupees __________________ Only) towards advance sale amount of my _____________________________________
__________________________________________________________________

From the purchaser:

_____________ S/o W/o D/o _____________      
          Age _____ Occupation________________ 
          R/o H.No. _____________________________________________
          _____________________________________________________
.
And I, have also executed agreement of sale in favour of the said purchaser today i.e.    ________ and also handed the actual and physical vacant possession of my said property to Purchaser’

Hence this receipt of advance sale amount of Rs._______/- (Rupees _______________________ Only) is passed by me on this ____ day of _________ at ____________


WITNESSES               
                                       
1.                                            
                                                                                         Executant
                                       
2.


                             

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Affidavit

AFFIDAVIT I, _____________ S/o W/o D/o ______________ Aged about ___ years, Occupation _________ R/o. H.No. __________________________...