Sale Agreement Of Apartment

To the extent that the seller is entitled to a reasonable extension period for the delivery of the property of the apartment on the aforementioned request, if the completion of the building is due to the unavailability of steel, cement, other building materials, water or electricity, or because of war, agitation or the act of God or a notification, provision, rule, communication of the government, …… delayed. Municipal Corporation and/or any other public or competent authority, or for non-issuance of diploma or certificate of occupancy – connection to water or electricity or as a result of a court order infringing construction work of the building. The seller will only deliver the property of the apartment to the buyer if the buyer has paid the seller all the sums he must pay under this contract and if he has duly complied and fulfilled all the obligations and provisions contained in this contract, and if he is held and respected in turn. 7. The seller transfers and transfers to each buyer, after the completion of the building and after receiving all payments, prices, deposits that the buyer must pay to the seller for all apartments/parkings and other premises of the building in question, all rights, rights and shares of each dwelling. This absolute rule is subject to the exception of Section 53A of the Transfer of Ownership Act. Section 53A provides that the seller has no right to disturb the purchaser`s possession if the purchaser has entered into possession of the property that is the subject of the transfer, while fully acquiring its portion of the contractual obligation. It should be noted that Section 53A provides the proposed purchaser with a shield against the seller and prevents the seller from disrupting the purchaser`s property, but it does not cured the buyer`s property. The property`s ownership remains in the hands of the seller. Signing a purchase agreement becomes important given several factors.

First, it is legal proof that the buyer and seller enter into an agreement on the basis of which the future approach will be decided in the event of a dispute. Also, if you apply for a home loan, the bank would not accept your application until you sign a sales contract. the apartment by the seller to the buyer. the amounts to be paid for these gifts are not paid within the agreed time, the buyer is required to pay interest of 18% per year between the due date and the payment date. At the time of signing the sales contract, buyers pay X amount as money of chips. The standard clause is agreed that if the buyer returns from the business, the total amount of the jeken will be cancelled by the seller. I would suggest adding another line to this clause, that in the event that the seller withdraws from the agreement, then the seller will return the amount of the token paid by the buyer at the same time as the corresponding amount. If this clause is not put in place, then the seller will continue to look for a new buyer who can pay extra. He will cancel the deal if he gets a new buyer at a higher price before Sale Deed runs. one. He must maintain the apartment at his own expense in a good tenant and condition from the date of taking over the property of the apartment and can do nothing or suffer to enter or to the building where is located the apartment, staircase or any passage that opposes the rules, regulations or statutes of the …………….