Secure Property Sale Agreement

Summary

To secure a property sale agreement for the purchaser, include a due diligence period allowing the buyer to inspect the property and void the agreement if discrepancies are found. Add an indemnity clause where the seller compensates the buyer for any losses due to misrepresentations. Specify a possession date for the property handover. Include a default clause allowing the buyer to seek specific performance or damages if the seller fails to execute the transfer deed. Finally, establish a dispute resolution process through arbitration in Delhi. These additions ensure the purchasers interests are safeguarded in the transaction.

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make a aggrement for above
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AGREEMENT TO SELL
This Agreement to Sell is executed at Ghaziabad on this 08th day of October * between:
Ms. BRIJ BALA D/o Mr. Mahender Pal R/o House No-C-*, Gali No-*, Near Masjid Rajiv Nagar, Mandoli Extn, North East Delhi-* (Aadhaar No-* * *) (hereinafter called the "First Party" or Seller),
AND
Ms. SUBHASHINI D/o Sh. Harish Chander R/o Near Shiv Mandir, */*, Trilok Puri, East Delhi-* (Aadhaar No-* * *) (hereinafter called the "Second Party" or Purchaser).
The terms "First Party" and "Second Party" shall include their legal heirs, successors, legal representatives, executors, nominees, and assignees.
Whereas the First Party is the absolute owner and in possession of FLAT NO-J-*, OXY HOMEZ, BHOPURA, SAHIBABAD, GHAZIABAD, U.P.-*, Total Area * Sq. feet, and has agreed to sell the said property to the Second Party for a total sum of Rs. *,*,*/- (Rupees Thirty-Seven Lakh Seventy-Five Thousand only), out of which Rs. *,*/- (Rupees Eleven Thousand only) has been paid as advance by online transfer. The balance amount of Rs. *,*,*/- (Rupees Thirty-Seven Lakh Sixty-Four Thousand only) shall be paid by the Second Party on or before */*/*.
Terms and Conditions:
*. Clear Ownership and Right to Sell:
- The property was originally co-owned by Ms. Brij Bala and Mr. Mahender Pal (father of Ms. Brij Bala) with */* share each. However, Mr. Mahender Pal has passed away, and the sole legal heirs of his share are Ms. Brij Bala and her mother Mrs. Raj Dulari. Mrs. Raj Dulari has no claim or right over the property, and Ms. Brij Bala is now the full and absolute owner. There are no objections from any other legal heirs
make a complete aggrement
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AGREEMENT TO SELL
This Agreement to Sell is executed at Ghaziabad on this 08th day of October * between:
Ms. BRIJ BALA D/o Mr. Mahender Pal R/o House No-C-*, Gali No-*, Near Masjid Rajiv Nagar, Mandoli Extn, North East Delhi-* (Aadhaar No-* * *) (hereinafter called the "First Party" or Seller),
AND
Ms. SUBHASHINI D/o Sh. Harish Chander R/o Near Shiv Mandir, */*, Trilok Puri, East Delhi-* (Aadhaar No-* * *) (hereinafter called the "Second Party" or Purchaser).
The terms "First Party" and "Second Party" shall include their legal heirs, successors, legal representatives, executors, nominees, and assignees.
Whereas the First Party is the absolute owner and in possession of FLAT NO-J-*, OXY HOMEZ, BHOPURA, SAHIBABAD, GHAZIABAD, U.P-*, Total Area * Sq. feet, and has agreed to sell the said property to the Second Party for a total sum of Rs. *,*,*/- (Rupees Thirty-Seven Lakh Seventy-Five Thousand only), out of which Rs. *,*/- (Rupees Eleven Thousand only) has been paid as advance by online transfer. The balance amount of Rs. *,*,*/- (Rupees Thirty-Seven Lakh Sixty-Four Thousand only) shall be paid by the Second Party on or before */*/*.
Terms and Conditions:
*. Clear Ownership and Right to Sell:
- The property was originally co-owned by Ms. Brij Bala and Mr. Mahender Pal (father of Ms. Brij Bala) with */* share each. However, Mr. Mahender Pal has passed away, and the sole legal heirs of his share are Ms. Brij Bala and her mother Mrs. Raj Dulari. Mrs. Raj Dulari has no claim or right over the property, and Ms. Brij Bala is now the full and absolute owner. There are no objections from any other legal heirs
make a complete aggrement
AGREEMENT TO SELL
This Agreement to Sell is executed at Ghaziabad on this 08th day of October * between:
Ms. BRIJ BALA D/o Mr. Mahender Pal R/o House No-C-*, Gali No-*, Near Masjid Rajiv Nagar, Mandoli Extn, North East Delhi-* (Aadhaar No-* * *) (hereinafter called the "First Party" or Seller),
AND
Ms. SUBHASHINI D/o Sh. Harish Chander R/o Near Shiv Mandir, */*, Trilok Puri, East Delhi-* (Aadhaar No-* * *) (hereinafter called the "Second Party" or Purchaser).
The terms "First Party" and "Second Party" shall include their legal heirs, successors, legal representatives, executors, nominees, and assignees.
Whereas the First Party is the absolute owner and in possession of FLAT NO-J-*, OXY HOMEZ, BHOPURA, SAHIBABAD, GHAZIABAD, U.P.-*, Total Area * Sq. feet, and has agreed to sell the said property to the Second Party for a total sum of Rs. *,*,*/- (Rupees Thirty-Seven Lakh Seventy-Five Thousand only), out of which Rs. *,*/- (Rupees Eleven Thousand only) has been paid as advance by online transfer. The balance amount of Rs. *,*,*/- (Rupees Thirty-Seven Lakh Sixty-Four Thousand only) shall be paid by the Second Party on or before */*/*.
Terms and Conditions:
*. Clear Ownership and Right to Sell:
- The property was originally co-owned by Ms. Brij Bala and Mr. Mahender Pal (father of Ms. Brij Bala) with */* share each. However, Mr. Mahender Pal has passed away, and the sole legal heirs of his share are Ms. Brij Bala and her mother Mrs. Raj Dulari. Mrs. Raj Dulari has no claim or right over the property, and Ms. Brij Bala is now the full and absolute owner. There are no objections from any other legal heirs
add more terms and condition to safegurd the purchaser
AGREEMENT TO SELL
This Agreement to Sell is executed at Ghaziabad on this 08th day of October * between:
Ms. BRIJ BALA D/o Mr. Mahender Pal R/o House No-C-*, Gali No-*, Near Masjid Rajiv Nagar, Mandoli Extn, North East Delhi-* (Aadhaar No-* * *) (hereinafter called the "First Party" or Seller),
AND
Ms. SUBHASHINI D/o Sh. Harish Chander R/o Near Shiv Mandir, */*, Trilok Puri, East Delhi-* (Aadhaar No-* * *) (hereinafter called the "Second Party" or Purchaser).
The terms "First Party" and "Second Party" shall include their legal heirs, successors, legal representatives, executors, nominees, and assignees.
Whereas the First Party is the absolute owner and in possession of FLAT NO-J-*, OXY HOMEZ, BHOPURA, SAHIBABAD, GHAZIABAD, U.P-*, Total Area * Sq. feet, and has agreed to sell the said property to the Second Party for a total sum of Rs. *,*,*/- (Rupees Thirty-Seven Lakh Seventy-Five Thousand only), out of which Rs. *,*/- (Rupees Eleven Thousand only) has been paid as advance by online transfer. The balance amount of Rs. *,*,*/- (Rupees Thirty-Seven Lakh Sixty-Four Thousand only) shall be paid by the Second Party on or before */*/*.
Terms and Conditions:
*. Clear Ownership and Right to Sell:
- The property was originally co-owned by Ms. Brij Bala and Mr. Mahender Pal (father of Ms. Brij Bala) with */* share each. However, Mr. Mahender Pal has passed away, and the sole legal heirs of his share are Ms. Brij Bala and her mother Mrs. Raj Dulari. Mrs. Raj Dulari has no claim or right over the property, and Ms. Brij Bala is now the full and absolute owner. There are no objections from any other legal heirs