Documenti di Didattica
Documenti di Professioni
Documenti di Cultura
1. _______________ltd,
Rep. by _______________
_______________,
_______________
_______________.
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AND:
2. _______________,
Aged about _____ years,
W/o. _______________,
R/at. No _______________
_______________,
_______________.
Hereinafter referred to as the “SECOND PARTY/PURCHASER”
WITNESSES AS FOLLOWS:
WHEREAS, the Confirming Party has vast experience in the field of
development of Real Estate/establishment of Apartments, Residential Plots
etc., the various parts of Karnataka State and other places to suit the
customary and Luxurious Style of living and the Purchaser/s are fully
satisfied as to the standing and credibility of the Confirming Party and also
aware that _______________ _______________., has successfully completed a
number of projects to the satisfaction of their clients.
WHEREAS, the Vendor has agreed the exclusive Marketing rights in favour
of the Confirming Party i.e, M/s _______________., that the “_______________”
layout is developed by the Vendor/Owner, shall have exclusively marketed
by M/s _______________., Hence, it has been made as ‘Confirming Party’ to
execute this Sale Agreement.
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WHEREAS the Vendor is the absolute owner of immovable property bearing
Sy.No. _______________ measuring to an extent of _______________ Acres
situated at “_______________”,_______________,_______________,_______________
which is more fully described in Schedule ‘A’ hereunder and herein after
referred and called to as Schedule ‘A’ Property, having acquired in terms of a
Sale Deed dated _______________ vide Document Nos. _______________
registered at the office of the Su-Registrar, _______________. Ever since then
the Vendors herein are in peaceful possession and enjoyment of the
Schedule ‘B’ Property in its entirety.
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WHEREAS the parties herein have decided to enter into an Agreement in
writing as to the specific terms and conditions of sale of plot to the Second
Party by the party of the First Part, now it is mutually agreed as
hereunder.+
1. The Purchaser has agreed to purchase the Plot in the layout formed in
the Schedule ‘A’ Property and more particularly described in the
Schedule 'B' Property herein, and the Purchaser shall pay the sale
consideration of the Plot as per the payment schedule averred in the
table hereunder in respect of the Schedule 'B' Property. [
The total Sale Consideration payable by the Purchaser for the purchase
of the Schedule ‘B’ Property shall be Rs. 00,00,000/-/- (Rupees
___________ only). The Purchaser has paid Rs. 00,00,000/-/- (Rupees
___________ only). in the following modes:
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b. Rs. 00,00,000/-/- (Rupees ___________ only)paid through Cheque
bearing No: ___________, dated __/__/__ __ drawn on __________, as
an advance towards the sale consideration to the First Party and shall
pay the balance amount of Rs. 00,00,000/-/- (Rupees ___________
only) to the party of the First Part on the date of registration/on being
informed that the plot is ready for registration.
2. That the seller has assured and represented to the purchaser, that
the Vendors/Owners are the absolute owner and their predecessors-
in-title have been in continuous and undisturbed possession of the
Schedule ‘B’ Property.
3. That the Schedule ‘B’ Property is not subject to any, Charge,
encumbrance, court attachment or revenue attachment or acquisition
proceedings of what so ever kind.
4. That the Sellers have not entered into any Agreement or Agreement of
Sale or Transfer of the Schedule Property in favour of any person or
person/s whomsoever. That the Seller being the absolute owner of the
Schedule Property has good marketable and subsisting title to the
schedule property.
6. Further the both the parties have agreed that, at the time of
registration the Second Party/Purchaser has to pay all the expenses
including stamp duty and registration charges.
10. That the total sale consideration amount payable by the Purchaser to
the Vendors/Owners does not include the Stamp Duty, Registration
Charges, taxes, Khatha transfer charges and any other miscellaneous
charges to complete the registration in favour of the Purchaser with
respect to the Schedule ‘B’ property.
11. In the event of any defaults, violations of the terms and conditions of
this Agreement on the part of either PURCHASER or the OWNERS
each of the parties shall have the right to enforce specific performance
with respect to the terms and conditions of this Agreement against the
party who is in default.
12. The Purchaser shall bear and pay for outgoing levied on and expenses
for the maintenance, repair and effective operation of common area
and common facilities including common electricity and water
charges, common utilities network such as water, sewage, electricity,
telephone, satellite, cable TV, storm water, drainage, street lights,
roads, security, buses, garbage truck and any other facility or a thing
duly provided for the common use of the residents of the layout.
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13. Notwithstanding what is stated herein above, on failure on the part of
the First Party to perform its part due to the ACT OF GOD, ACT OF
NATURE, breakout of civil or other war, force majeure, shall not be
deemed to be a default or failure to specific performance within the
meaning of the expression herein before contained and in such case
the First party shall not hold any liabilities to the Second Party for
same.
14. The First Party has agreed to complete the developmental works in the
said residential layout as per the norms and regulations of the Local,
State, Central and other concerned authorities within the _____
months from the date of execution of the Sale Deed in favour of the
Purchaser with respect to the Schedule ‘B’ Property.
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other authority/tribunal without following the arbitration
proceedings.
17. That the Purchaser has to make his own vehicle arrangement for
going to the Sub-Registrar Office to register the Sale Deed, the
Vendors/Owners will not make any arrangement.
18. The Original of the agreement of sale shall be in the custody of the
Purchaser and photocopy of the same duly signed by both the parties
shall retain with the First Party.
Bounded by:
East by : ________________________
West by : ________________________
North by : ________________________
South by : ________________________
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SCHEDULE “B” PROPERTY
[SUBJECT MATTER OF THE SALE AGREEMENT]
All that piece and parcel of the immovable property bearing Vacant
Residential Plot No. _____, formed in the Sy.No. _______________situated at
__________________, ______________________________, in the developed
Residential Layout known as “________________________” developed on the
entire Schedule “A” Property described hereinabove together with rights
appurtenances whatsoever whether underneath or above the surface.
Bounded by:
East by : ________________________
West by : ________________________
North by : ________________________
South by : ________________________
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IN WITNESS WHEREOF the parties herein have affixed their signatures to
this sale agreement on the day, month & year mentioned above.
WITNESSES:
1.
_______________________________________,
Rep. by __________________________________,
(VENDOR/OWNER)
2. _______________________________________,
Rep. by __________________________________,
(CONFIRMING PARTY)
_____________________
(SECOND PARTY/PURCHASER)
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