Legal Documents Library

SALE OF PROPERTY TO VARIOUS PURCHASERS AS TENANTS‑INCOMMON

HIS Deed of Sale made at ………..this ………..day of...................20………..between A, son of ………..resident of ……….. (hereinafter referred to as the Vendor) of………..the ONE PART and (i) B, son of ………..resident of.............................. (ii) C, son of resident of ............................... (iii)D, son of ………..resident of ..………........................(hereinafter collectively referred to as the Purchasers) of the OTHER PART.

THIS DEED WITNESSETH AS FOLLOWS

In consideration of Rs . ………..paid to the Vendor by the urchaser in equal

SALE DEED IN RESPECT OF LEASEHOLD LAND

THIS INDENTURE made at ………….the………….day of ................ 20………….between Saurabh and Gaurav Co. Pvt. Ltd. A company incorporated under the Companies Act, 1956 and having its registered office at (hereinafer called "the Vendors" which expression shall unless repugnant to the context or meaning thereof be deemed to include its successors and assigns) of the ONE PART and Puliani Paper Manufacturing Co. Ltd., a company incorporated under the Companies Act, 1956 and having its registered office at …………. (hereinafter called "the Purchaser" which expression shall unless repugnant to the context or meaning thereof be deemed to include its successors and assigns) of the OTHER PART.

WHEREAS by an Indenture of sale (hereinafter called "the said sale deed") dated the …………. (and registered with the sub‑registrar of Assurances at ………….under Sr. No ………….of on the………….of………….of Book No. 1) and made between Shri X and Shri Y of the one part and the vendors of the other part the said X and Y conveyed unto the vendors, its successors and assigns all those pieces or parcels of land or ground situate lying and being at village ………….in in the Registration District and sub‑District of admeasuring ………….acres and more particularly therein described and delineated on the plan annexed thereto being thereon shown surrounded by red‑coloured boundary line (whereof the land more particularly described in the First Schedule herein under written and intended to be hereby assigned and transferred constitutes a portion) for the term of ………….years from the…………. at the monthly rent of Rs . ………….payable on the ………….day of each and every English calendar month and subject to the covenants and conditions thereon contained and on the part of the lessee to be performed and observed as therein provided.

AND WHEREAS by a Deed of Confirmation dated the.......(and registered with the Sub‑Registrar of Assurances at Bombay under Sr. No. of ………….on the ………….day of ............................ Book No. 1) and made between ………….as administrator of the estate and effects of the said …………. of the one part, the vendors of the other part………….the said ………….did thereby adopt, ratify, confirm and assure the said Lessee in favour of the vendors.

AND WHEREAS the Vendors have sub‑divided the entire area of acres demised by the said lease into several plots (including plot Nos . ………….and more particularly described in the First Schedule hereunder written and intended to be hereby assigned and transferred) with common roads, etc. and had the layout duly approved by the Municipal Corporation of ………….

AND WHEREAS by an Agreement for sale dated the..................... and made between the vendors of the one part and the purchaser of the other part, the vendors have agreed to sell and the ………….purchaser has agreed to purchase the ' said plot Nos . ………….and flats........... consisting of when completed free from all encumbrances at or for the price to be calculated at the rate of Rs . ………….per sq. ft. of the actual total built‑up area thereon as might be determined by measurement as provided therein.

AND WHEREAS pursuant to clause 2(9) of the said Agreement for sale, a sum of Rs . ………….became payable by the purchaser to the vendors upon the execution thereof while the balance in………….of the price calculated as aforesaid is payable to the vendors by the purchaser by instalments in the manner set out in the Third Schedule there under written.

AND WHEREAS the purchaser accordingly paid to the vendors the sum of Rs . ………….on the………….day of ………….as................earnest money

AND WHEREAS the purchaser has also subsequently made further payments to the vendors under the provision in that behalf contained in the Third Schedule to the

said agreement for sale as hereunder mentioned, that is to say

Rs . ………….on the ………….day of ………….

Rs . ………….on the ………….day of ………….

Rs . ………….on the ………….day of ………….

Rs . ............... on the .............. day of………….

AND

SALE DEED BY LIQUIDATOR IN THE VOLUNTARY WINDING UP

OF THE COMPANY

THIS SALE DEED made at ...................... on this ................... day of .................. 2000, between Shri ....................... Voluntary LIQUIDATOR of XYZ Co. Ltd., a Company incorporated under the Companies Act, 1956 and having its registered office at .......................... and hereinafter called the said company and at present in voluntary liquidation, (hereinafter called the Vendor) of the ONE PART and Shri A, son of E, resident of ....................... (hereinafter called the Purchaser) of the OTHER PART.

WHEREAS By a special Resolution passed by the said company at a general meeting held on ............... it was resolved that the company be voluntarily wound up and Shri ....................... was appointed as its LIQUIDATOR, the notice whereof was duly submitted to the Registrar of Companies ............... as prescribed by law on .............................

AND WHEREAS in a meeting of the members of the said Company, it was

Format of sale deed of property. purchase agreement. Sample sale purchase agreement.

What is the format of sale deed of property? What is the format of purchase agreement? Format of sale deed and purchase agreement are given below. Please make necessary modification. This is only a draft format.

Sale and Purchase Agreement

This sale and purchase agreement is executed at ----- on this ------ day by Mr. / Ms. --------------- son/ daughter of---------------------------- aged about ------------------------ resident of -----------------------------------------, hereinafter called the Vendor,

IN FAVOUR OF

Mr. / Ms. ---------------------------------- son/ daughter of---------------------------- aged about ------------------------ resident of -----------------------------------------, hereinafter called the Vendee.

The expression Vendor and Vendee shall means and include their heirs, successors, executors, administrators and assigns of the respective parties.

Whereas the Vendor is the bonafide owner of the property described below with all rights and title and has absolute right to sale, alienate the aforesaid property to the Vendee.

 

Description of the property:

i) Plot No. ---- and address

ii) Area

iii) Floors

iv) Location

v) Facilities and amenities

Whereas the Vendor has agreed to sale the aforesaid property to the vendee for her bonafide needs and requirements with fittings and fixtures and the Vendee has agreed to purchase the same for a sum of Rs.------------------------.

 

NOW THIS SALE AND PURCHASE AGREEMENT WITNESSETH AS UNDER

That the consideration amount of mentioned above stands already paid to the

SALE OF LEASEHOLD RIGHTS

THIS TRANSFER is made the _______ day of _______, 20 _______, BETWEEN AA., aged _______, etc., (hereinafter referred to as the Seller) of the one part and BB, aged ____________, etc., (hereinafter referred to as the Purchaser) of the other part.

WHEREAS the said AA. under a deed of lease duly executed and registered on ____________, in the Sub-Registry at _________________. as No_____________________ in Book I, Volume _______, on pages _______. to _______acquired the lands herein described and intended to be conveyed on a lease for a period of 99 years;

AND WHEREAS the said BB. is desirous of purchasing the leasehold rights of a portion of the said lands on a premium of Rupees____________

SALE OF IMMOVABLE PROPERTY

Section 54 of the Transfer of Property Act, 1882 defines Sale as:

“Sale is a transfer of ownership in exchange for a price paid or promised or part-paid or part-

promised.”





The contract for sale of immovable property must be in writing.

Section 55 of the Transfer of Property Act, 1882 lays down the duties, obligation and

rights of the vendor and purchaser under an agreement of sale, as well as for sale in

case of absence of contract to the contrary.

Sale deed is chargeable with the stamp duty.

Where the value of the immovable property is more than Rs. 100, it is required to be

compulsorily registered.

An agreement for sale and sale deed should clearly show: who are the parties to the

contract (Vendor/Vendee or Vendor/Purchaser or Seller/Buyer); the subject matter; the

intention to sell and buy; the price agreed and how it is to be paid and other terms of

the contract.

The contract for sale of immovable property is usually preceded by an agreement for

sale

 

AGREEMENT FOR SALE

THIS AGREEMENT is made at …………on this …………day of……….

BETWEEN

Mr. A aged……..s/o……….r/o….. (hereinafter referred to as the VENDOR which expression

shall, unless repugnant to the context or meaning thereof shall mean and include his heirs,

executors, administrators and assigns of the FIRST PART).

AND

Mr. B aged

SALE DEED BY ATTORNEY

THIS DEED OF SALE made on the _______ day of _______, 20 _______ BETWEEN AA. etc. (hereinafter called 荘the Vendor鋳) of the one part AND BB. etc. (hereinafter called 荘the Purchaser鋳) of the other part.

WHEREAS the Vendor is the owner of the property described in the Schedule hereto under a deed of sale dated the _______executed by one CC.;

AND WHEREAS the Vendor by a deed dated the ________________________and registered at the office of _______on the________ _______appointed YZ. his attorney to sell the said property, to receive and give receipt for the purchase money thereof and to execute and present for registration deed of sale thereof;

AND WHEREAS the Vendor by the said YZ. his attorney has agreed with the Purchaser for the sale to him of the said property for the sum of Rs_____________

Format of Sale Deed

 

DRAFT OF AGREEMENT FOR SALE

THIS AGREEMENT FOR SALE is made and executed on this the____________ day _____________ of ___________, 200-

BETWEEN

Mr. ____________s/o. ____________ aged_________________ years residing at _____________Hereinafter called "The SELLER" (which expression shall mean and include her legal heirs, successors, successors-in-interest, executors, administrators, legal representatives, attorneys and assigns) of ONE PART.

AND

Mr. ______________ s /o __________ aged ________ years residing at__________ ___Hereinafter referred as "The PURCHASER" (represented by his power of attorney) which expression shall mean and include his heirs, successors, executors, administrators, legal representatives, attorneys and assigns of the OTHER PART.

WHEREAS THE SELLER is the absolute owner in possession and enjoyment of the more fully described in the schedule hereunder and hereafter called the "SCHEDULE PROPERTY.

WHEREAS the property more fully described in the schedule hereunder is the self acquired property of the SELLER who purchased the same from Mr._____________ in and by sale deed dated _____________ and registered as Doct No._________of Book 1 Volume No______________Page No_____to_________, registered on and filed on the file of the Sub-Registrar,

WHEREAS the SELLER is the absolute owner of the property and he has been enjoying the same with absolute right and he has clear and marketable title to the Schedule Property

WHEREAS the SELLER being in need of funds

DEED OF SALE OF HOUSE PROPERTY (SHORT FORM)

This deed of sale is made this ............. day of............... between A of.......................................... after it referred to as seller (which term shall unless the context otherwise requires include his successors, administrators, heirs and assigns) of the one part and C of............................... after it called the buyer (which term shall unless the context otherwise requires including his successors, heirs, administrators and assigns) of the other part.

Whereas the seller is legally possessed and seized of or is otherwise well and sufficiently bear right to dwelling-house being premises No. ................................. in the town ……………………………............. as its complete owner in fee simple free from all encumbrances as fully stated and details in the schedule hereunder written and hereinafter referred to as the said property.

Whereas by a covenant dated ............. day of.......... made between the parties hereto the seller consented with the buyer for the complete sale to him of the property on terms thereunder contained at and for the price of Rs. ........................... now this deed witnesses that according to said agreement and per consideration of Rupees..................... paid by buyer to the seller simultaneously on execution of these presents (the seller