I`m selling my apartment in Pune, but I can`t get to Pune because of travel restrictions in case of pandemic. Can I make the deed of sale by POA to my registered lawyer? Is there a relaxation of the rules during this pandemic? In case of resale, is it necessary to have an agreement for the sale, followed by Sale Deed? In addition, the scenario is different when it comes to a loan on the property and the seller is debt-free. I have already paid the stamp duty – the registration fee of 2.59,900 in agreement for the sale bought on the resale apartment, but the bank wants to be sold. My lump sum cost is 38.20,000/- market value – 36.16,000, which will be the fee I will have to pay for the execution of sales. The Flat welcomes you to Grampanchayat. this link – ecounsel.in/online-download-index-ii-2-registered-agreement-sale-deed/ What the sales contract creates is the buyer`s right to purchase the property in question if certain conditions are met. Similarly, the seller obtains the right to obtain the buyer`s consideration in accordance with his part of the terms and conditions. I have a request on Sale Deed. Is another gov tax for the deed of sale is the sales contract already concluded and fully paid Can one go to the deed of sale instead of deed of transfer in case of purchase of a resale apartment with bank credit? What does the lawyer fee to prepair sales contract registered in nagpur A sale agreement is a promise in the future that the property will be transferred to the rightful owner, while the Sed sale is the actual transfer of the property to the buyer. 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. Hello Sir, We buy properties in Pradhikaran estate. Could you clear up my doubts? 1) The seller, the seller`s lawyer and the seller`s bank ask us to make the sale-deise instead of the sales contract. I want to know its pros and cons. (Please note that the seller`s loan on this property taken by a bank. Buyers also plan to borrow from the same bank. Therefore, I defined the term « seller bank » in the statement above) 2) Real estate sale value is: 74 Lakh, So, If we mention 52 Lakh for sale, then what are the pros and cons…. Read more « So, in cases where you purchased and taken possession of a property under a sale agreement, the title still remains with the developer, unless a sales record has been executed and registered under the Indian Registration Act. Thus, it is clear that a security in a property can only be transferred by a deed of sale.