Absolute Agreement For Sale

ABSOLUTE AGREEMENT FOR 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, successors, executors, and assignees, etc. of the OTHER PART) ­                                      

          Whereas the Vendor is the absolute owner  and possessor of ___________________ _________________________________________________________________________ Having purchased the same from _____________________________________________ ______________________________________  Hereinafter called the Schedule Property.

         

 NOW THIS SALE DOCUMENT WITNESSETH 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 favour 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 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 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 declares that if any litigation, disputes, complications etc., either of Public or Govt. or any other Third person found in and over the property, the same shall be cleared by the Vendor against all the losses, damages and expenses from his/her movable and immovable property.

7.      The Vendor herein declares he/she will execute a registered Sale Deed in favour of the said Vendee in future period as and when the said Vendee may demand or desires.

8.      The Vendor has got perfect marketable title to execute this Sale Document in favour of the Vendee.

9.      The Vendor has also executed a General Power of Attorney in favour of the said Vendee today.

SCHEDULE OF THE PROPERTY

         

All that the________________________________________ and morefully described in Plan Red Colour and annexed to this Sale Document & bounded by:-

NORTH     :         ______________.

          SOUTH      :         ______________.

EAST         :         ______________.

WEST        :        _______________.

IN WITNESS WHEREOF the Vendor and Vendee herein put their hands and signatures on this Sale Document  in the 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 _______________, Aged about ___ years, Occupation __________, R/o H.No.__________________________________

Do hereby received a sum of Rs.__________/- (Rupees __________________Only) in cash towards the total sale consideration of the property i.e., ___________________________________________________  from the purchaser as under

_____________ S/o W/o D/o _______________, Aged about ___ years, Occupation __________, R/o H.No.__________________________________

Hence this Receipt for a total sale consideration of Rs.__________/- (Rupees ___________________________ Only) is passed by me on this the ____ day of  ___________ at __________.

WITNESSES                                                          

                          

1.                                                                VENDOR/EXECUTANT

                                                                  

2.