If the seller does not sell or return the property to the buyer, the buyer is entitled to a special benefit in accordance with the provisions of the Specific Relief Act of 1963. A similar right is available to the seller as part of the agreement to require a certain benefit from the buyer. Remember here that both parties must respect the terms of the sale agreement. Any party that does not comply with any of the terms of the agreement could be brought to justice if the other party so wishes. All parties involved should also ensure that this document can be used as legal evidence before the court of law and that all those who have agreed to comply with the conditions are required to do so. The sale contract may or may not lead to an effective sale of the property in question. Some stamp tax laws, such as the Maharashtra Stamp Act, consider that an agreement to sell a property on the same basis as a proper transport record, as well as a proper transport record, are subject to the same stamp duty as the one in force for the proper sale of a property. Under these provisions, which require the payment of stamp duty on a sales contract, a sale agreement is wrongly considered a good act of sale. Under the Transfer of Ownership Act, a sales contract, with or without property, is not transportation.
Section 54 of the Transfer of Ownership Act provides that the sale of a property can only be done by a registered instrument and that a sale agreement does not create interest or fees for its property. All investment decisions will be made by you at your discretion. It is recommended that you carefully read the offer file for more information on risk factors, general conditions before making an investment decision in a system or products or securities or credit products. All investments in a product/fund/securities, etc., are provided on the basis, subject to and according to the terms of the product/fund/security offer document, key information memorandum, disclosure of risk document, product or sales brochure, or any other related document offered by the respective issuer of these products/securities. You can use execution platforms/services with third parties as appropriate and correct, and there is no obligation to use the execution services on this site. The answer is that if the seller agrees to register real estate at the guidance or Circle Rate value, then he will save on capital income tax, so he will have nothing against the registration of real estate at district rate or reference rate. With respect to the 33 Lakes balance sheet transaction, the sale contract for 1 Cr-Real Estate is registered for 67 Lakes. The buyer can sign another agreement with the seller, called Deed of Rights (DOTOR). The net transaction of 33 lakes can be displayed in DOTOR, which allows the financial transaction to be completed. I`ll talk more about DOTOR in my next article. A purchase agreement is an agreement to sell a property in the future.
This agreement sets out the conditions under which the property in question is transferred. The Transfer of Ownership Act of 1882, which governs matters relating to the purchase and transfer of real estate, defines the sales contract or a sales contract as follows: You do not have to pay any fees or fees for the use of this site. However, you are responsible for any phone and/or Internet service fees that can be determined by your telephone and/or Internet service provider.