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  • Agreement for Transfer of Development Rights

    Agreement for Transfer of Development Rights Download Word Document In English. (Rs.35/-) Download PDF Document In Hindi. (Rs.35/-) Download PDF Document In Marathi. (Rs.60/-) This Agreement made at ................ this ........................ day of ........................, 2000, between M/s XYZ Builders, a firm registered under Indian Partnership Act, 1932, having their office at Bombay, (hereinafter referred to as the Vendors, which expression unless repugnant to the context or meaning thereof mean and include the partners for the time being of the said firm, their survivor or survivors and the heirs, executors and administrators of last survivor) of the FIRST PART, ABC Developers Pvt. Ltd. Co., incorporated and registered under the Companies Act, 1956 having their office at .................... hereinafter referred to as "(The Confirming Party", which expression shall unless be repugnant to the context or meaning thereof be deemed to include its successors and assigns) of the SECOND PART and M/s. MNP Builders & Developers, a firm registered under Indian Partnership Act, 1932 having their office at ............................ hereinafter referred to as "The Purchaser" which expression shall unless be repugnant to the context or meaning thereof mean and include the partners for the time being of the said firm, their survivor or survivors and the heirs, executors and administrators of such last survivor) of the THIRD PART. Whereas by two deeds of Conveyance all made between …………….of the ONE PART and Vendors of the other respectively (1) dated .................... registered under No.................. dated ................... registered under No................. with the Sub-Registrar at .................... the Vendors purchased different pieces of land bearing No.......... of ................ in the registration Sub-district of District..…………........... admeasuring about ............. sq. mts. (hereinafter referred to as the said "Bigger Plot") and the said ………………….. granted and conveyed unto the Vendors the said bigger plot; And Whereas the layout named as …………………… Complex in respect of the said Bigger Plot and the Building plans for development inter alia of the said Sector …… Plot by construction of 1 to ….. Buildings thereon have been sanctioned by the Collector of …………… under No .................... on the .................... ; And Whereas on account of the internal roads of the said layout the said Bigger Plot has been divided into four sub-divided Plots including a sub- divided Plot known as Sector No. …… bearing No............. of ……………........................ and admeasuring about .............. sq. mts. shown by red boundary on the said plan annexed hereto and hereinafter referred to as the said Sector …….. Plot; And Whereas the full FAR available in respect of the said Sector ….. Plot has not been utilised by construction of the said …. buildings and that there is a scope for construction of additional buildings to consume the full FAR in respect of the said Sector …. plot; And Whereas the Vendors have engaged the services of M/s. …………………………, Architects & Consulting Engineers for preparation of structural designs and drawings of the said buildings and also if necessary for supervising construction thereof; And Whereas the fees of the said architect and R C C Consultant for sanction of the said building plans and other charges of and incidental thereto so far as the same relate to the said buildings Nos. 1 to 1 0 have been paid off; And Whereas the Vendors have engaged the services of M/s. ………………….., Advocates and Solicitors for drafting the agreements for the sale of the flats on ownership basis to be constructed in the said ……………………………, for formation of the organisation of the Purchasers of such flats, for transfer of title in favour of such organisation and for all other legal work in connection with the development of the said ………………………..; And Whereas by an agreement dated ............... made between the Vendors of the One Part and the Confirming Party of the other part, the Vendors granted rights to the Confirming Party to develop the said Sector ….. Plot by constructing thereon the building Nos. 1 to … with a right to grant Sub-development rights in respect of the said …. buildings in one lot or in different lots as the Confirming Party may desire and for the consideration and upon other terms and conditions therein mentioned; And Whereas the said agreement dated ................. is valid and subsisting; And Whereas the Confirming Party has agreed to grant to the Purchasers and the Purchasers have agreed to acquire from the Confirming Party and the said right to construct …………….. on the said Sector ……… Plot on the consideration and upon the terms and conditions hereinafter appearing; And Whereas at the request of the Purchasers, the Confirming Party has requested the Vendors to enter into direct agreement to grant on behalf of the Confirming Party the right to construct the said building No. …. in the manner hereinafter appearing. Now this agreement witnesseth and it is agreed by and between the parties hereto as follows: 1.     In pursuance of the agreement and for consideration hereinafter set out on behalf of the Confirming Party, the Vendors hereby grant and the Purchasers hereby agree to acquire the rights to construct the said building No. 8 (hereinafter referred to as "the said building') on Plot of land situate at............................................ admeasuring about ................ sq. mtrs. forming part of the land bearing No. .................. and forming part of the said Sector … Plot contained in the said …………………….. within the limits of …………...................... more particularly described in the Schedule hereunder written and shown by green colour boundary line on the said plan thereof hereto annexed (hereinafter referred to as the said plot) to be developed at their own costs, expenses, risks and responsibilities and as per the said building plans, a print whereof is hereto annexed. 2.     Subject to the Vendors permission obtained in advance in that behalf, the Purchasers shall be at liberty to make amendments, modifications, alterations and variation to the sanctioned building plans, so far as it relates to the said building without in any manner affecting the construction of the other and rest of the buildings to be constructed on the said bigger Plot as also rest of the buildings in the said ………………………………. 3.     Subject to the provisions hereof, the Purchasers shall be at liberty to sell in their own name the dwelling units, flats, tenements and other premises that shall be contained in the said building on ownership basis at the rate and an the terms and conditions which the Purchasers may deem fit and proper. 4.     The agreement whereby the Purchasers shall sell the tenements or any other rights or privileges in the said building shall provide that the same are subject to the terms, stipulations and conditions contained in this agreement. 5.     In consideration of the rights hereby granted to the Purchasers, the Purchasers shall pay an amount at the rate of Rs. .............. per sq. ft. of built up area of the tenements to be contained in the said building. The built up area of the tenements of the said building shall include the area of the balconies. The built up area of the flats in the said building as per the said plans comes to .............. sq. ft. and the consideration payable hereunder in respect thereof on the said area and at the rate aforesaid come to Rs. ......... The said consideration of Rs. .......... shall be paid by the Purchasers to the Confirming Party in the manner as follows:                       i.        Rs. ............... On the execution hereof to the Confirming Party (the payment and receipt whereof the Confirming Party do hereby admit and acknowledge)                      ii.        Rs. .............. as part payment on or before the ........... of ...................                     iii.        Rs. .............. As further part payment on or before the ............ of ..........................,2000;                     iv.        Rs. .............. Being the balance to the Confirming Party on execution of the conveyance or lease as hereafter mentioned in favour of the organisation of the purchasers of the tenements. 6.     The Purchasers shall not be liable for the expenses already incurred by the Vendors for providing infrastructures for the said building. The Vendors shall not be liable to do any further work to complete or provide any further infrastructures for the said building. 7.     The Purchasers, their successors and assigns will have full and free and perpetual right and liberty for themselves, visitors, agents, tenants, servants, workmen and occupiers for the time being of the building or any part thereof and all other person or persons authorised in this behalf to be on the said building from time to time and at all times hereafter at their or his will and pleasure by night and by day and for all lawful purposes to go, return, pass and re-pass either on foot or with animals, wagons, trucks, vehicles of all kinds, automobiles or other carriages laden and/or unladen through and over the said internal roads shown on the said plan by colour burnt sienna as also to use, utilise and get benefit of the common services and amenities such as water pipes, sewers, drainage, electric cables under the said internal road along with the Vendors and the other person or persons entitled to the same. 8.     The Vendors shall keep the said internal roads unbuilt upon and open to sky forever. The Purchasers or the Developers or the Owners for the time being of the other Sectors and Plots forming part of the said bigger plot shall form a common agency. Such common agency shall maintain and repair the said internal road, the sewers, mains, drains, pipes of connection lines whether electric, water, telephone, gas or otherwise for the purpose of discharge or outlet of sewerage, rain water from the said building or for supply of electric energy, power, water, gas or other facilities or amenities to the Purchasers, their successors or any other person entitled to use the said building or any part thereof. 9.     The Purchasers, their successors and assigns shall and will bear and will pay along with the Vendors for the time being of the other buildings forming part of the said bigger plot proportionately i.e. in proportion which the area of the said building bears to the said other buildings on the said bigger plot, as the case may be, the costs, charges and expenses of repair and maintenance of the said internal road shown by colour burnt sienna on the plan hereto annexed as also of water pipes, drains, sewers, street lights to be laid, erected or put up on the said internal roads and all taxes payable to the Municipality, State Government or any other public body or authority for the land utilised for the said internal roads until the same shall if at all be taken over by the local authorities. The Purchasers shall at their own cost always have a right and liberty to lay and connect all along through and underneath the said internal roads shown in colour burnt sienna the sewers, mains, drains, pipes or connections whether electric, water, telephone, gas or otherwise for the purpose and in connection with the discharge and outlet of sewerage, rain water from the said building or for supply of electric energy, -power, water, gas or other facilities for amenities to the Purchasers, their successors and assigns. 10.  If the taxes and other outgoings in respect of the said building are not separately assessed, the Purchasers shall pay the same proportionately. The Vendors decision in fixing the said proportion shall be final. The Vendors and Purchasers shall not object to the construction of the electric sub-station on any part of the said bigger plot. 11.  The Vendors shall not be entitled to recover from the Purchasers and expenses incurred for sanction of the building plans, the proportionate fees paid to the said architect and RCC Consultant or the fees paid or deposits made with any public body for sanction of the said building plans or for any charge of and incidental to the sanctioning of the said building plans as also the expenses incurred for the development work that the Vendors have carried out for the said Sector ….. Plot. 12.  The Purchasers and the persons claiming through them including the occupants of the said building shall be entitled to the exclusive use of the said plot. 13.  The Purchasers shall in no manner whatsoever be liable to account to Vendors for any money refund or amount received, collected or recovered by them for the sale of dwelling units, flats, and tenements. All moneys received by the Purchasers in that account shall belong to the Purchasers and the Purchasers shall be entitled to appropriate the same to themselves in any manner they like. 14.  The Purchasers will carry out the development work as set out in these presents by constructing the said building and will strictly follow and adhere to all the building rules, regulations and bye-laws. 15.  The Purchasers shall sell and allot the tenements in the said Building on ownership basis with a view ultimately that the Purchasers of the tenements of the said building should subject to the Vendors permission form themselves into a Co-operative Society duly registered under the ………………… Co-operative Societies Act, 1960 or they should incorporate a Limited Company under Companies Act. At the request and direction of the Vendors, the Purchasers shall cause the formation of an organisation of the Purchasers of the tenements of the said building alone along with Purchasers of the tenements of such other buildings in the said Sector ….. plot as the Vendors may desire and upon formation of such organisation, Vendors shall grant absolute conveyance in respect of the land under the buildings of which the said organisation may have been formed, the land appurtenant thereto, the service land required for the same with proper access in favour of such organisation if it is legally possible (same being not sub-divided) if not, the Vendors shall grant the transferable and as signable lease for 99 years at the nominal yearly rent of Re. 1 in respect thereof to such organisation. 16.  Subject to the terms, stipulations and conditions contained herein and subject to the payments of the amounts set out in clause 5 herein, the Vendors hereby hand over possession of the said plot to the Purchasers with authority to construct the said building with the following rights: a.     To put up and/or erect signboards upon the said Plot, also to issue advertisements including in newspapers as may be deemed fit by the Purchasers announcing construction of the said building by them and to sell the dwelling units, flats, tenements therein on ownership basis; b.    To commence, carry on and complete in their own name in accordance with the law, the construction of the said building by themselves or through any building contractor, sub-contractor as per the said plan; c.     To dispose of by the Purchasers in their own names on ownership basis the dwelling units, flats, tenements, premises to be contained in the said building to the persons of their choice, each tenement individually or the whole building on package deal basis; d.    To enter into in their own names agreements for sale of dwelling units, flats, tenements of the said building on ownership basis at such price and on such terms and conditions as may be deemed fit by the Purchasers; e.     To apply for and obtain in the name of the Vendors building completion certificate or building occupation certificate including part occupation from time to time in respect of the tenements flats premises of the said building; and with all the rights to which the Purchasers may in law be entitled to on their being in possession of the said Plot. 17.  The agreement by the Purchasers for the sale of flats or tenements on ownership basis in the building to be constructed as stated above shall be in the form hereto annexed and shall provide that the same is subject to the terms and stipulations contained in these presents. 18.  The Purchasers shall be solely responsible to discharge all the obligations created under the provisions of the ……………… Ownership Flats Act in respect of the flats, premises, etc. that will be sold by them on ownership basis. The Purchasers shall remain responsible and liable to construct the said dwelling units, flats, premises, etc. and do all the acts, deeds, matters and things as may be necessary under the agreements that may be entered into for sale of dwelling units, flats, etc. by the Purchasers with different flat purchasers of the same and Vendors shall not remain liable or responsible for such matters. The Purchasers hereby agree to indemnify and keep the Vendors indemnified against all actions, claims, demands, costs, expenses, losses or damages that may arise on account of the non-performance of such obligation or under the provisions of Ownership Flats Act or the Apartments Act or any other Act, rules or regulations that are in force or that may come into force in the future or arising out of violation or non- fulfilment thereof or against the loss or damage that may be caused to any third party or workmen during the course of the construction of the said building. 19.  The Purchasers shall indemnify and keep indemnified the Vendors and the Confirming Party against all losses, damages, claims, actions, prejudice or proceedings from all persons including the Government of ………….., the said Corporation, the purchasers or allottees of dwelling units, flats, tenements, premises, etc. or otherwise howsoever on account of any act or omission on the part of the Purchasers, their agents and servants, that Vendors and Confirming Party may sustain by reason of the Vendors giving possession to the Purchasers as provided herein and to construct the said building and the Purchasers putting up construction thereon of the dwelling units and/or by virtue of contracts, etc. entered into with the Purchasers of the flats and/or arising out of implementation of this agreement. 20.  As and from the date hereof, the Purchasers shall bear and pay proportionate outgoings in respect of the said building, the land under the plinth thereof and land appurtenant thereto including the land revenue, N.A. tax, municipal taxes, betterment charges, if any, etc. and the taxes, if any enhanced by reason of the Purchasers constructing building on the said Plot. It shall be the responsibility of the Vendors to pay all aforesaid outgoings, expenses, levies, etc. previous to that day and the same if necessary be apportioned between the said parties hereto. 21.  The Purchasers hereby accept the Vendors title to said bigger Plot and shall not make any requisition on the Vendor's title to the said building. The Vendors and/or the Confirming Party shall at their own cost remove a.     any dispute or requisition that may hereafter arise with regard to their title to the said Plot; b.    obstruction to the development of the said Plot by construction of the building thereon; and c.     any objection on title that may be taken by any bank/financial institution for grant of loan to the Purchasers of the tenements that may be contained in the said building. 22.  The Vendor shall deliver to the Purchasers notarial certified copies of all the documents of title in their possession and exclusively relating to the said Plot. 23.  The Vendors hereby agree that from and after the date hereof they shall not create any tenancy, sub-tenancy, lease, licence or occupancy right or any other right, title or interest in respect of the said building or any part thereof or concur in doing so and shall not do any act, deed, matter or thing which may prejudice the rights of the Purchasers under this Agreement. 24.  The Purchasers and the persons claiming through them shall have right to use and enjoy along with the other parties entitled to the enjoyment thereof the play- grounds shown by green wash on the said plan and shall also have a right to approach the play-ground over and through the access shown by burnt sienna hatched lines on the said plans. 25.  The Purchasers shall not act or direct Vendors to act in any manner whatsoever whereby the interest of the Vendors is in any manner jeopardised or adversely affected and will indemnify and keep indemnified the Vendors and all persons claiming through them against all actions, claims, demands, costs, expenses, losses or damages that may arise on account thereof or incidental thereto. 26.  The Purchasers are entitled to commence development of the said plot either personally or through any nominee or nominees or contractor or contractors. The development work shall be carried out by the Purchasers at their own risk, costs, consequences and responsibilities. 27.  The Purchasers will construct the said building strictly as per the building rules, regulations and bye-laws as also as per layout conditions of IOD conditions and modifications or amendments that may from time to time be made to the same. The Purchasers shall ensure that no breach of municipal rules and regulations according to which the building plans are approved and also no breach of any other requirements of law is committed by the Purchasers or their nominees or contractor or contractors. The Purchasers shall at their own cost remove or rectify such breach, if any, committed by them. The Purchasers shall indemnify and keep the Vendors indemnified in that behalf. 28.  The sale in pursuance hereof shall be completed by execution of the conveyance or lease as hereby contemplated of the said Plot within 3 years from the date hereof in favour of the Purchasers or their nominee or nominees including a Co-operative Society. 29.  At least 4 weeks before the execution of the conveyance and/or other documents to transfer of the said building with the said land, the Confirming Party shall obtain and cause the Vendors to obtain the certificate under section 230A(1) of the Income -tax Act, 1961, if necessary for registration of said documents of transfer. 30.  The Vendors shall join the Purchasers to obtain permission, if any, required under section 27 of the Urban Land (Ceiling and Regulation) Act, 1976 for transfer of the said building with the adequate portion of the said Plot to the said organisation. 31.  The Purchasers shall retain services of the said M/s. ……………………….., Architects & Consulting Engineers for the purpose of obtaining occupation or completion certificate in respect of the said building and to do all other work of and relating to the construction of the said building to be done by an Architect and shall pay his fees which shall, if any, become due hereafter for that purpose. 32.  The Purchasers shall engage and continue to engage the service of M/s. ………………………, Advocates and Solicitors for the purpose of preparation of the agreement for sale of the flats on ownership basis, formation of the organisation of the flat purchasers and for transfer of the said building with adequate portion of the land in favour of such organisation and for doing all other legal work in connection with the construction of the said building on ownership basis and shall pay their fees for the purpose. 33.  All out of packet expenses of and incidental to this agreement and of the conveyance or writing to be made in pursuance hereof including stamp duty and registration charges thereon shall be borne and paid by the Purchasers alone. IN WITNESS WHEREOF the parties hereto have hereunto set their respective hands and seals at ..................... on the day and year first hereinabove written. The schedule hereinabove referred to All that pieces or parcels of land or ground lying, being and situates at ................................ admeasuring about .............. sq. mts. forming part of land bearing No. .............. contained in Sector No. …. bearing Nos. .......................... and ............ within the limits of ............................................. and bounded as follows: On or towards North by On or towards South by On or towards East by On or towards West by SIGNED, SEALED AND DELIVERED by the within named Vendors M/s. XYZ Builders THE COMMON SEAL OF the within named Confirming Party M/s. ABC Developers Pvt. Ltd. was hereunto affixed pursuant to its resolution dated ................. in the presence of two of the Directors, who have in token thereof subscribed in their respective signature hereunto. SIGNED, SEALED AND DELIVERED by the within named Purchasers M/s. MNP Builders and Developers in the presence of: WITNESSES; 1. 2. Received of and from the within named Purchasers a sum of Rs ........... Rupees ........................... only) by their cheque No .......... dated ................... on ................... Bank being the amount payable by them as per clause 5(i) of the agreement hereunto us. Rs ...................... We Say Received For ABC Developers Pvt. Ltd Directors (Confirming Party)

  • Format of sale deed of property

    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 OFMr. / 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 vendor as full and final settlement as stated above prior to execution of this sale and purchase agreement, vendor do here by acknowledges the receipt of the same and the vendor do here by sell, conveyed, transfer and assigns all his rights, title and interest of the above said property under sale unto the vendee. 1. That the vendor hereby assure and declared that he is the conveyance deed holder and is the sole, absolute, exclusive and rightful owner of the aforesaid property under sale alongwith freehold rights of the land underneath and he is fully competent and has full rights and power to sale and transfer the same. 2. The vendor hereby absolutely assigns, conveys and transfers to the Vendee all her rights of ownership, titles and all interests in the above mentioned property under sale hereby conveyed under this sale and purchase agreement. 3. The vacant and peaceful possession of the above mentioned property under sale has already been given to the Vendee by the Vendor, who has occupied the same. 4. The Vendee shall hereinafter hold use, enjoy as he/she likes and to sell, mortgage, lien, let-out or make additions/alterations or renovations in the same as her own property without any hindrance, claim or demand whatsoever from the vendor. 5. That the Vendor hereby assures the vendee and declares that he is the sole, absolute, exclusive and rightful owner of the above mentioned property under sale, and is fully competent and has full power, absolute authority and unrestricted rights to sell and transfer the same, and the same is free from all sorts of encumbrances, burden, sale, mortgage, gift, lien, decree, charges, court injunction orders, stay orders, liability, transfer, attachment, litigation, legal flaws, dispute, notices, surety, security, notifications, acquisition etc. and there is no legal defect in the title of the Vendor. If it is proved otherwise, the Vendor and the property both moveable and immoveable shall be liable to indemnify the vendee in full or part to the extent of loss sustained by the vendee at the prevalent market value of the said property at that time with all cost, expenses and damages, etc. and the vendee shall have full rights to recover the same, alongwith the cost and expenses of additions, alterations, renovations, modifications, etc. through the court of law. 6. That the Vendee can get the above mentioned property under sale mutated and transferred in his/ her own name on the basis of this sale and purchase agreement with the concerned government department. 7. That all dues such as house tax, electric and water bills, etc. outstanding, if any, in respect of the above mentioned property under sale, shall be paid and borne by the Vendor upto the date of execution/registration of this sale and purchase agreement and later on by the Vendee. 8. The Vendee has spent all cost of stamp papers and registration fee, etc. for the present sale and purchase agreement. 9. The Vendor has handed over all the Original documents establishing the chain of title of the said property. 10. That the Vendee is fully empowered to transfer or get the fresh electric and water connections in respect of the above mentioned property under sale in his/her own name after the execution/registration of this sale deed from the respective departments at his/her own cost and expenses. 12. The Vendee shall maintain the above mentioned property under sale at her own cost and expenses. 14. That the Vendor, her heirs, successors, executors, administrators, legal representatives and assignees have been left with no rights, titles or interests in the said property and the Vendee has become its absolute owner. In Witness Whereof this sale and purchase agreement is executed at------- on the day, month and year above written. Vendor   Vendee Witnesses: 1.   2. Download Word Document In English. (Rs.40/-) Download PDF Document In Marathi. (Rs.20/)

  • Agreement for Sale of Goods

    Agreement for Sale of Goods THIS AGREEMENT made on this __________ day of __________, between XYZ a company incorporated under the Companies Act, 1956 and having its registered office at __________ (hereinafter referred to as the SELLER, which expression shall, unless it be repugnant to the context or meaning thereof, be deemed to mean and include its successors and assigns) of the ONE PART and PQR (give name and description of the person or legal entity) (hereinafter referred to as the BUYER which expression shall, unless it be repugnant to the context or meaning thereof, be deemed to mean and include its successors and assigns) of the OTHER PART. WHEREAS the Seller is a manufacturer of _______________ (Details of business) WHEREAS the buyer is a trader and has approached the Seller asking him to sell the goods at the rate of __ per unit/ Kilo. THE PARTIES HERETO agree to abide as under: 1.     The Seller undertakes to sell the Buyer and the Buyer undertakes to buy from Seller___________ goods (hereinafter called the 'said goods') at a price of Rs. _____________. 2.     The Seller will send the said goods through the designated ship the information of which ship and the date of its arrival at the port of dispatch in India shall be sent to the buyer. 3.     The Seller shall make an agreement with the master of the ship for the transportation and delivery of the said goods at the Indian port. 4.     It shall be the responsibility of the Buyer to have said goods insured for their value upon the current terms and make out an invoice. 5.     It shall be the responsibility of the Buyer to have letter of credit through its banker which shall cover the price of the goods, freight insurance and other charges in favour of the Seller's banker. 6.     After the shipment of the said goods the seller shall send all the necessary documents including the contract of a freightment, insurance policy, invoice, bills of lading, etc., to its banker at the Indian port. 7.     The aforesaid document shall be delivered to the Buyer banker's against the encashment of the letter of credit which shall, in turn, deliver the same to the Buyer to enable him to get the goods cleared at the Indian port. Delivery of the documents shall constitute the delivery of goods and henceforth the goods shall be at the risk of the Buyer. 8.     It shall be the responsibility the Buyer to open a letter of credit with his banker in favour of the Seller's banker. The Buyer's bankers shall credit the amount of price in the Seller's name with Seller's banker against the receipt of the document of title. 9.     In case some formalities are to be completed prior to the import of the aforesaid goods at the place of destination the same shall be completed by the Buyer at his own costs. 10.  If some export formalities are to be completed for the export of the aforesaid goods from the place of dispatch, the same shall be completed by the Buyer/Seller at his own costs. 11.  It shall be the Buyer's right to examine the goods for his satisfaction at the point of destination. If the goods are not according to the sample or specification, the Buyer shall have the right to reject the goods at the risk and cost of the seller. 12.  In the event of any dispute or difference between the parties hereto arising out of or in connection with this deed of whatsoever nature the same shall be referred to arbitration of a common arbitrator if agreed upon, failing which to two Arbitrators one to be appointed by each party to the Arbitration. The said Arbitrators shall appoint a presiding Arbitrator and the Arbitration shall be governed by the Arbitration Act and Conciliation Act, 1996, or any statutory modification thereof. SIGNED, SEALED AND DELIVERED) by the within named Seller by the hands) of its authorised representative/Director) Mr. ___in the presence of Mr.___ and) Mr.___) SIGNED, SEALED AND DELIVERED) by the withinnamed Buyer by the hands of its) authorised representative/Director Mr.___,) in the presence of Mr. ___ and Mr. ___) Download Word Document In English. (Rs.20/-) Download PDF Document In Marathi. (Rs.20/-)

  • Agreement for Sale of Flat by a Flat Purchaser

    Agreement for Sale of Flat by a Flat Purchaser, When Co-Operative Society has not been formed And Flat is not Ready This Agreement made at .................... this ........... day of ..............., 2000, between A, son of ....................... resident of ........................... hereinafter referred to as the 'Transferor" of the FIRST PART,  B, son of ................. resident of ........................... hereinafter referred to as the "Transferee" of the SECOND PART  And  M/s ABC Constructions, a partnership firm, having its office at .......................... hereinafter referred to as the Confirming Party of the THIRD PART. Whereas by an Agreement dated ................... made between M/s. ABC Constructions, therein referred to as the Builders and, hereinafter referred to as the Confirming Party of the ONE PART and the Transferor therein referred to as the flat Purchaser of the OTHER PART, the Confirming Party has agreed to sell and the transferor has agreed to purchase one flat bearing No. ............... on the ................ floor in the building, being constructed by the Confirming Party on the piece of land bearing Plot No. ............... situated at.......................................................... and more particularly described in the Schedule 1 to the said agreement being the same as described in the Schedule 11 hereunder written; And Whereas the agreement between the Confirming Party and the transferor, hereinafter referred to the said agreement, has been duly registered under the Registration Act, 1908 as required under the .............. Ownership Flats Act, ………. And Whereas the transferor has agreed to assign his rights and benefits under the said agreement to the transferee and the transferee has agreed to purchase the same on the terms and conditions hereinafter contained; And Whereas the confirming party has informed transferor that the flat will be ready by .................... and he has no objection in the transfer of the said agreement by the transferor and the transferee and has agreed to join as the Confirming Party to these presents. Now This Agreement Witnesseth And It Is Hereby Agreed Between The Parties Hereto As Follows: 1.     In pursuance of the said agreement and in consideration of the sum of Rs. ............... paid at the time of these presents (the receipt whereof the said transferor does hereby acknowledge and admit), the transferor assigns to the transferee all his rights, benefits and interest to purchase the flat No ........................ on the ............... floor in the building under construction on the piece of land described in Schedule 1 hereunder written, under the said Agreement between the Confirming Party and the transferor. 2.     The transferor hereby declares that the said agreement is valid and subsisting and he has not assigned the benefit of the said agreement to any person. 3.     The transferee will be entitled to all the rights, benefits and interest belonging to and available to the transferor under the said agreement. 4.     The Confirming Party hereby agrees and declares that he shall hand over the possession of the fiat to the transferee, as soon as it is ready and the transferor will be entitled to the amounts deposited by the transferor with the Confirming Party under the said Agreement and the transferee shall be given the shares in the Co-operative Society of the flat owners in respect of the flat, as and when the Society is registered. 5.     The transferor declares that he will have no interest, right and benefits in the said agreement and in the flat to be acquired by virtue of the said agreement. 6.     The transferee has satisfied himself about the rights of the Confirming Party about the sale of the flat to the transferor and the building plans and he shall not be entitled to raise any objection about the right of the Confirming Party or the building plans in future. 7.     The transferee agrees and undertakes to be bound by the liabilities and obligations of the transferor under the said agreement. IN WITNESS WHEREOF the parties hereto have put their respective hands the day and year hereinabove written. The First Schedule above referred to The Second Schedule above referred to Signed and delivered by the within named transferor A Signed and delivered by the within named transferee B Signed and delivered by the within named Confirming Party M/s. ABC Constructions through its partners (1) ; (2) ; (3) ;. WITNESSES; 1. 2. Download Word Document In English. (Rs.30/-) Download PDF Document In Hindi. (Rs.30/-) Download PDF Document In Marathi. (Rs.30/-)

  • SALE PURCHASE AGREEMENT FORMAT FOR SOCIETY FLATS

    SALE PURCHASE AGREEMENT FORMAT FOR SOCIETY FLATS SOCIETY FLAT SALE AGREEMENT (DRAFT) This Agreement To Sale And Purchase For Society Flats is made at ____, on this_____ between Shri/ Smt/ Kumari_______ resident of_______ hereinafter called the  First Party  of the one part and Shri/ Smt/ Kumari ______ resident of _____hereinafter called the  Second Party  of the other part.The expression first and the second part occurs in the body of this Agreement To Sale And Purchase For Society Flats In Delhi shall mean and include their respective legal heirs, successors, legal representative, administrators, executors and assigns. WHEREAS the First Party is the absolute Owner and in lawful possession of Flat No.______ Floor, comprising of _______ COOPERATIVE GROUP HOUSING SOCIETY LTD. Known as ______against Membership No._______ with the said society. That the first party for his legal needs and requirement has agreed to sell said flat for a sum of Rs. _____to the second party. Both parties i.e. first and second have agreed to the sale/purchase of the said flat on the following terms & conditions of this agreement.   NOW THIS AGREEMENT TO SALE AND PURCHASE FOR SOCIETY FLATS IN DELHI WITNESS AS UNDER: 1. That the entire consideration amount of the flat is finalized for a sum of Rs. ______.2. First Party has received an amount of Rs. _____ as earnest money from the second party at the same time of signing this agreement.3. Balance payment of Rs. _____shall be paid by the second party on or before_____.4. First Party assured the second party that the said property under sale is free from all kinds of encumbrances, sale, gifts, lines, legal laws, court decrees, court injunctions, attachments whatsoever and if it is proved otherwise the first party shall be liable and responsible for the same.5. That all the expenses of this transaction including the registration etc shall be borne by the second party only6. If the first party shall be defaulter to comply any terms & conditions of this agreement and fail to execute the concerned documents for transfer the ownership of this said S.R. as per the fixed period by this agreement, then the first party shall have to pay double amount of earnest money to the second party or court of law. The second party shall have full right to get execute the same documents by the first party through the court of law at the cost and expense of the first party.7. First Party shall pay the vacant Land Tax or House Tax, Water Bill, Electricity bill, all cesses, etc if any, till the date of the final transaction.8. First Party undertake to get the said property registered in the name of second party or his nominee with the period mentioned above, after paying the entire agreed amount and due to any reason, if the second party fails to arrange the payment of the balance amount, the transaction will be considered as canceled and the earnest money will be forfeited and the second party shall be free to sell the said flat to anybody at any stage.  IN WITNESS WHEREOF  the parties here have to set their respective hands on these presents in the presence of the following witness. WITNESS: Signature of Seller/First Party Download Word Document In English. (Rs.20/-) Download PDF Document In Marathi. (Rs.20/-)

  • Deed of Conveyance of the Reversion

    Deed of Conveyance of the Reversion This Deed of Conveyance is made at ... this ... day of... between Mr 'A' of... (hereinafter referred to as the 'Vendor') of the One Part and Mr. 'B' of ... (hereinafter referred to as the 'Purchaser) of the Other Part Whereas the Vendor is absolutely seized and possessed of or otherwise well and sufficiently entitled to the land and premises situate at ... and more particularly described in the Schedule hereunder written. subject as hereinafter recited. And Whereas by a Deed of Lease dated the ... day of ... made between the Vendor therein referred to as the Lessor of the One Part and Mr.... therein referred to as the 'Lessee' of the Other Part and registered under S. No. ... of Book No. I at the Office of the Sub Registrar at ... the Vendor has demised the said land and premises to the Lessee for a period of... years at the annual rent of Rs.... and subject to the covenants, terms and conditions therein mentioned. And Whereas the Vendor has agreed to sell all his reversionary rights in the said property to the Purchaser at the price of Rs.... and has received from the Purchaser a sum of Rs.... as earnest money on the execution of the said agreement. And Whereas the Purchaser has requested the Vendor to execute these presents which he has agreed to do. And Whereas for the purposes of stamp duty the consideration or the market value is fixed at Rs ........ NOW THIS DEED WITNESSETH that pursuant to the said agreement and in consideration of the sum of Rs.... paid as earnest money and of the sum of Rs.... paid on or before the execution of these presents, making together the said sum of Rs ..... agreed to be paid by the Purchaser to the Vendor (receipt whereof the Vendor hereby admits). He, the Vendor doth hereby convey and transfer by way of sale unto the Purchaser all that piece of land with the building and structures standing thereon situate at .... In the Registration Sub District of ... and more particularly described in the Schedule hereunder written and delineated on the plan thereof hereto annexed by red coloured boundary line TOGETHER WITH ALL the things permanently attached thereto or standing thereon and all the privileges, casements, profits, rights and appurtenances whatsoever to the said land and other premises or any part thereof belonging or anywise appertaining thereto and ALL the estate, rights, title, interest, use, possession, benefit, claim and demand whatsoever at law or otherwise of the Vendor to the said piece of land and other the premises hereby conveyed and every part thereof TO HOLD the same unto and to the use and benefit of the Purchaser absolutely and forever but subject to the said Deed of Lease and the term thereby demised And subject to the covenants. terms and conditions therein contained. and also subject to the payment of all rents, rates, taxes, assessments, dues and duties now chargeable and payable by the Vendor as Lessor and that may become chargeable and payable from time to time hereafter by the Vendor as Lessor in respect of the same to the Government or the Municipal Corporation of ... or any other public body or local authority In respect thereof. AND the Vendor doth hereby covenant with the Purchaser that, 1.     The Vendor now has. as reversionary owner, in himself good right and full power to convey and transfer by way of sale the said piece of land, and other the premises hereby conveyed or intended so to be unto and to the use of the Purchaser in the manner aforesaid., 2.     The Purchaser may from time to time and at all times but subject to the rights of the said Lessee possess and enjoy the said land, and premises hereby conveyed with its appurtenances, and receive the rents. issues and profits thereof and every part thereof for his own use and benefit without any suit. or interruption, claim and demand whatsoever from or by him the Vendor or his heirs or any of them or by any person or persons claiming or to claim. from under or In trust for him or any of them; 3.     The Purchaser shall as reversionary owner hold the said land and premises free and clear and freely and clearly and absolutely exonerated. and forever released and discharged or otherwise by the Vendor and well and sufficiently saved, defended, kept harmless and indemnified of from and against all former and other estates. titles, charges, and encumbrances whatsoever, made. occasioned, and suffered by the Vendor or by any other person or persons claiming or to claim by. from, under or in trust for him; 4.     The Vendor and all persons having or claiming any estate. right. title. or Interest in the said land, and premises hereby conveyed or any part thereof by. from. under or in trust for the Vendor or his heirs, executors. administrators or any of them shall and will from time to time and at all times hereafter at the request and costs of the Purchaser do and execute and cause to be done and executed all such further and other lawful acts, deeds, things, In the law whatsoever for the better and more perfectly and absolutely granting the said land, and premises and every part thereof hereby conveyed as reversionary owner unto and to the use of the Purchaser in the manner aforesaid as by the Purchaser, his heirs, executors or administrators and assigns shall be reasonably required. IN WITNESS WHEREOF the Vendor has put his hand the day and year first hereinabove written. THE SCHEDULE ABOVE REFERRED TO Description of the property) Signed and 'delivered by the withinnamed Vendor Mr... in the presence of RECEIVED the day and year first hereinabove written from the abovenamed Purchaser the sum of Rs ... which together with the sum of Rs... received as earnest money as aforesaid makes up the sum of Rs... being the full consideration to be paid by him to me. Witnesses I SAY RECEIVED Vendor. Download Word Document In English. (Rs.20/-) Download PDF Document In Hindi. (Rs.20/-) Download PDF Document In Marathi. (Rs.20/-)

  • Deed of Conveyance by Mortgagee

    Deed of Conveyance by Mortgagee This Deed is made at ........... this .......... day of ... ..... between Mr. 'A' being the partner of the firm of M/s. A B C & Co. carrying on business at .......... hereinafter referred to as 'the Vendor' of the One Part and Mr. 'X' residing at ....... hereinafter referred to as 'the Purchaser' of the Other Part. Whereas one Mr. Y (hereinafter referred to as the Mortgagor) was absolutely seized and possessed of or otherwise well and sufficiently entitled to the land and premises situated at …………........ and more particularly described In the Schedule hereunder written. And Whereas by a Deed of Mortgage dated the ....... day of ....... and made between the said Mortgagor and the partnership firm of M/s. A B C & Co. consisting of the said Mr. A, Mr. B and Mr. C as partners (therein referred to as the 'Mortgagees') and registered at the office of the Sub Registrar at ....... under Serial No ...... of Book No. 1 on the day of ........ the said Mortgagor, in consideration of the sum of Rs ......... lent and advanced by the said Mortgagees, to the Mortgagor, granted and conveyed the said land and premises and other the premises therein mentioned TO HOLD the same unto and to the use of the Mortgagees subject to the covenant for redemption therein contained and on the terms, powers and provisions therein provided. And Whereas the said Deed of Mortgage, inter-alia provided that in the event of the Mortgagor failing to pay Interest on the said principal sum regularly or making default in paying the principal amount on the due date therein provided or committing breach of any term or condition or provision therein contained, the Mortgagees will be entitled to call back the amount due to them as if the due date had expired and in that event to sell the said land and premises by public auction without the intervention of the Court under the power given to them In terms of 8. 69 of the Transfer of Property Act, 1882. And Whereas the said Deed of Mortgage also. Inter-alia contained a joint account clause' under which it has been provided that any one or more of the Mortgagees who will be available in the Town of .......... will he entitled to exercise any of the powers given to the Mortgagees including the power of sale and any receipt or deed of reconveyance on repayment of the amount or any deed of conveyance on sale of the said mortgaged property signed by any one of the Mortgagee will be valid as if it was signed by all and as if the other Mortgagees had appointed him as their constituted attorney. And Whereas the Mortgagor failed to pay interest regularly and to pay the Mortgage amount on the due date and the Mortgagees therefore, through their Advocate's notice dated ....... called the Mortgagor to pay the amount due to them being the amount of Rs............. for principal and interest accrued thereon to the Mortgagees. And Whereas the Mortgagor failed to pay to the Mortgagees the said amount even after the statutory period of the said notice expired and Interest of more than Rs. 5001- was also due and payable by the Mortgagees. And Whereas the Mortgagees. therefore, in exercise of the power of sale auction contained in the said Deed of Mortgage as aforesaid put up the said property for sale by public auction through M/s…………....... auctioneers on the day .......... of .......... and at such auction sale, the Purchaser herein was the highest bidder for the sum of Rs. ........ and his bid was accepted and the Purchaser paid to the Mortgagees through the said auctioneers a sum of Rs ......... as advance or earnest. And Whereas the Purchaser has examined the title in terms of the particulars and conditions of sale and has requested the Mortgagees to execute this deed of conveyance in his favour. And Whereas the said Vendor is the only Mortgagee and partner of the firm of M/s. A B C & Co. now present, in the town the others having gone outside for business or otherwise and are not available at present and the Vendor is entitled to execute this deed for self and on behalf of the other partners of his said Firm under the circumstances aforesaid. And Whereas for the purposes of stamp duty the consideration /market value is fixed at Rs ........ Now This Deed witnesseth that pursuant to the premises and In consideration of the said sum of Rs ........ paid by the Purchaser as earnest money as aforesaid and the ....... sum of Rs ........ paid by the Purchaser on the execution hereof (receipt whereof the Vendor doth hereby admit for self and on behalf of the other Mortgagees) He the Vendor as such Mortgagee and for self and on behalf of the other Mortgagees and as their duly constituted attorney doth hereby grant and convey the said land and premises described in the Schedule hereunder written and all other the premises granted and conveyed by the Mortgagor to the Mortgagees by the said Deed of Mortgage and all, the right, title and Interest, claim and demands of the Mortgagees under and by virtue of the said Deed of Mortgage Into and upon the said land and premises being the mortgaged premises TO HAVE AND TO HOLD the same unto and to the use of the Purchaser absolutely freed and discharged of all the moneys due and the right. title and Interest and claims of the Mortgagees under the said Deed of Mortgage but subject to the payment of all taxes, assessments, dues and duties payable to the Government or Municipal Corporation or any other local authority in respect of the said premises And the Vendor doth hereby covenant for self and on behalf of the other Mortgagees that the Mortgagees have not done or caused to be done any act, deed or thing whereby they are prevented from selling the said Mortgaged property as aforesaid and executing these presents in manner aforesaid. IN WITNESS WHEREOF the Vendor has put his hand the day and year first hereinabove written. THE SCHEDULE ABOVE REFERRED TO: Signed and delivered by the withinnamed Vendor Mr. A for self and on behalf of the withinnamed Mortgagees in the presence of ...... ......... Download Word Document In English. (Rs.20/-) Download PDF Document In Marathi. (Rs.20/-)

  • Sale Deed by Liquidator in the Voluntary Winding up of the Company

    Sale Deed by Liquidator in the Voluntary Winding up of the Company 1.     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 resolved that the properties of the company mentioned in the Schedule hereto be sold by the LIQUIDATOR through public advertisements in the leading newspapers and pursuant to the said resolution, the LIQUIDATOR has advertised the sale of the said properties in the issues of ........................ ......................... and ................................ pursuant thereto has agreed to sell the said properties to the Purchaser vide Agreement for sale dated .................... for a consideration of Rs. ................ NOW THIS SALE DEED WITNESSETH that in pursuance of the aforesaid agreement and in consideration of the sum of Rs. ........... paid by the Purchaser before the Sub-Registrar at the time of registration of these presents, (the receipt whereof the vendor hereby acknowledges) the Vendor on behalf of the company hereby convey, transfer and sell unto the Purchaser, his heirs, legal representatives, executors and assigns all those properties mentioned in the Schedule hereto together with all rights, easements, liberties, interests and appurtenances attached to and appurtenant to the said properties or enjoyed therewith and free from all encumbrances and charges TO HAVE AND TO HOLD the same UNTO THE PURCHASER absolutely and forever. 2.     Vendor as LIQUIDATOR in the name and on behalf of the company hereby covenants with the Purchaser as follows: a.     The Vendor has the good title to convey, transfer and sell the said properties to the Purchaser. b.    The Purchaser shall have quiet and peaceful enjoyment of the said properties free from any disturbance, interference or obstruction by the Vendor or by the company or any person or persons claiming or through them. c.     The Vendor and the company will execute any further deeds of assurance that may be necessary in order to perfect the title of the Purchaser in favour of the Purchaser at his request and cost, as shall or may be reasonably required. d.    The Vendor and the company have delivered the physical possession of the properties and title deeds in respect thereto before the execution and registration of these presents. IN WITNESS WHEREOF the parties aforementioned have set and subscribed their hands to this deed of sale on the day and year first aforementioned. Schedule above referred to Signed and delivered by Shri A, the within named Vendor Signed and delivered by Shri ........................... the within named Purchaser WITNESSES; 1. 2. Download Word Document In English. (Rs.20/-) Download PDF Document In Hindi. (Rs.20/-) Download PDF Document In Marathi. (Rs.20/-)

  • Deed of English Mortgage

    Deed of English Mortgage Download Word Document In English. (Rs.35/-) Download PDF Document In Hindi. (Rs.45/-) THIS INDENTURE OF MORTGAGE  executed at _______ this ______ day of _______ 200___ between M/S. ABC LTD., a Company incorporated under the provisions of the Companies Act, 1956 having its registered office at _____________________________________________, hereinafter referred to as “THE MORTGAGOR”  (which expression shall unless it be repugnant to the context or meaning thereof be deemed to mean and include its successors and assigns) of the ONE PART ; AND X Y Z of __________, Indian Inhabitant having his address at _________________________________________________________________ (which expression shall unless it be repugnant to the context or meaning thereof be deemed to mean and include his heirs, legal executors and administrators) hereinafter referred to as “THE MORTGAGEE”  of the OTHER PART; WHEREAS:  (a) The Mortgagor is the Owner of and well and sufficiently seized and possessed of the property more particularly described in the Schedule hereunder written (hereinafter referred to as “the said property” ).  (b) The Mortgagor being in need of finance for its business purposes, requested the Mortgagee to provide the said finance. (c) Pursuant to the said request of the Mortgagor, the Mortgagee had agreed to lend and advance and have advanced to the Mortgagor a sum of Rs. 20,00,000/- (Rupees twenty lacs only) against the security of the said property by way of Mortgage for securing repayment of the principal and interest thereof in the manner hereinafter appearing. NOW THIS INDENTURE WITNESSETH that in pursuance of the said agreement and in consideration of the sum of Rs. 20,00,000/- (Rupees twenty lacs only) paid to the Mortgagor by the Mortgagee on or before execution hereof (the receipt whereof the Mortgagor doth hereby acknowledge and of and from the same doth hereby release and discharge the Mortgagee) THEY the Mortgagor doth hereby covenant with the Mortgagee that they shall on the ____________ day of ____________ (hereinafter called “the due date” ) pay to the Mortgagee the said sum of Rs. 20,00,000/- (Rupees twenty lacs only) together with interest thereof at the rate of 1.25 percent per month with monthly rest (payable monthly along with the installment of the principal amount) from the date hereof by equal twenty monthly installments, the first of such payments shall be made on the _____________ day of ________ and the subsequent payments shall be made on or before 10th day of each and every following month and will also pay after the due date so long as the said sum of Rs. 20,00,000/- (Rupees twenty lacs only) or any part thereof or interest thereof shall remain unpaid to the Mortgagee in the manner aforesaid AND IT IS HEREBY AGREED AND DECLARED that if any payment of interest is not made on the due date (whether or not demanded) it shall be added to the principal sum and compounded accordingly and shall be chargeable upon the mortgaged property for all intents and purposes recorded herein, however, this provision shall not in any way permit the Mortgagor to allow any interest to fall in arrears nor shall it in anywise interfere with, prejudice, limit or affect the powers of sale or of entry or any other powers or remedies for securing and enforcing payment of the Mortgage debt hereinafter contained.  AND THIS INDENTURE ALSO WITNESSETH that the Mortgagor doth hereby grant release convey and assure unto the Mortgagee all and singular the said property more particularly described in the schedule hereunder written with all and singular the buildings, courts, compounds, yards, areas, ways, paths, passages, commons, gullies, sewers, drains, trees, plants, shrubs, wells, waters, water-courses, lights, liberties, privileges, easement, advantages and appurtenances, whatsoever to the said property or any part thereof belonging or in anywise appertaining or usually held or enjoyed or occupied therewith or reputed to belong or be appurtenant thereto AND ALL the estate, right, title, interest, claim and demand whatsoever of the Mortgagor into and upon the said property and every part thereof (hereinafter referred as “the said premises”) TO HAVE AND TO HOLD the said premises hereby granted unto and to the use of the Mortgagee subject to the proviso for redemption next hereinafter contained. PROVIDED always that if the Mortgagor shall pay to the Mortgagee the said sum of Rs. 20,00,000/- (Rupees Twenty lacs only) on the ____________ day of ___________ 2003 together with the agreed rate of interest and in the aforestated manner and also all other moneys by law or under these presents payable by the Mortgagor to the Mortgagee (hereinafter collectively referred to as “the Mortgage debt”)  then and in such case the Mortgagee shall at the requests, costs, charges and expenses of the Mortgagor recovery the said property unto and to the use of the Mortgagor and in the meantime and until any default is made by the Mortgagor, the Mortgagor shall remain in the possession or receipt of the rents and profits of the said property and if the Mortgagor shall fail to pay to the Mortgagee on the due date the Mortgage debt then the said property hereby granted shall not be redeemable by the Mortgagor or any other person or persons interested in the equity of redemption thereof at any time thereafter and the Mortgagee shall be entitled to refuse to accept payment of the Mortgage debt unless the Mortgagor or such person or persons shall have given to the Mortgagee three months previous notice in writing making an appointment to pay off the Mortgage debt on any working day during banking hours and shall pay the same accordingly and in conformity with such notice on such appointed day or unless and in the alternative and in default or in lieu of such notice the Mortgagor or such person or persons shall pay to the Mortgagee in addition to the Mortgage debt and at the same time a further sum equivalent to three months’ interest on the Mortgage debt at the rate of 1.25 percent per month with monthly rest and every failure on the part of the Mortgagor or such person or persons to pay off the Mortgage debt strictly in accordance with such notice as aforesaid and on the day thereby appointed shall entitle the Mortgagee to a fresh notice of the same sort or in default thereof to three month’s further interest at the rate aforesaid.  PROVIDED ALWAYS AND IT IS HEREBY AGREED that nothing hereinbefore contained shall affect the right of the Mortgagee to call for payment at any time after the due date of the money for the time being due and owing to him on the security of these presents.  AND the Mortgagor doth hereby covenant with the Mortgagee that the Mortgagor now has good right and full power to grant the said property hereby granted or expressed so to be and every part thereof unto and to the use of the Mortgagee in manner aforesaid and that if default shall be made in payment of the principal or interest thereof in the manner provided above, the Mortgagee may at any time thereafter enter into and upon the said property or any part thereof in the name of the whole and shall thenceforth quietly possess and enjoy the same and receive the rents and profits thereof without any lawful interruption or disturbance whatsoever by the Mortgagor or any other person or persons lawfully claiming under them, free from all encumbrances whatsoever and further that they the Mortgagor and all other persons having or lawfully or equitably claiming any estate or interest in the said property or any part thereof shall and will from time to time and at all times hereafter upon the request of the Mortgagee and at the cost of the Mortgagor during the continuance of this security and afterwards of the persons requiring the same to do and execute or cause to be done and executed all such acts, deeds and things, whatsoever for further and more perfectly assuring the said property unto and to the use of the Mortgagee in manner aforesaid as shall or may be reasonably required by the Mortgagee and also that the Mortgagor shall from time to time and at all times during the continuance of this security keep the said property hereby granted or expressed so to be in a good and substantial state of repairs and shall pay all the rates and taxes, assessment dues and duties payable in respect of the same and in the event of default it shall be lawful for the Mortgagee [without being bound to do so] to keep the said property in such repairs and to pay such rates, taxes, assessments, dues and duties as aforesaid and the Mortgagor shall and will from time to time on demand pay to the Mortgagee all sums of money so paid or expended together with interest thereon at the rate of 1.25 percent per month (to be compounded monthly) from the time the same shall have been so paid or expended and until so repaid the same shall be a charge upon the said property in addition to the principal sum and interest thereof and also that the Mortgagor will so long as any moneys shall remain due on the security of these presents keep all the messuages and buildings hereby granted or expressed so to be, insured with some reputed Fire Insurance Company in Mumbai against loss or damage by fire in the sum of Rs. 30,00,000/- (Rupees Thirty lacs) at the least and pay all premiums and sums of money necessary for such purpose at least within thirty days from the date hereof and will on demand deliver to the Mortgagee such insurance policy and the receipt for every such payment duly endorsed and assigned in favour of the Mortgagee and that the Mortgagor will not at any time hereafter during the continuance of any such insurance as aforesaid do any act or commit any default whereby the said insurance may be rendered void or voidable or an increased premium become payable therefore and shall and will in case at any time during the continuance of this security the said insurance shall by any means become void or voidable forthwith at his own costs effect a new insurance in lieu of such void or voidable insurance in the name of the Mortgagee and that if default shall be made in insuring or keeping the said premises insured as aforesaid it shall be lawful for the Mortgagee on giving 24 hours notice to insure and keep insured the said property and that the Mortgagor will on demand repay to the Mortgagee every sum of money expended for that purpose by him with interest thereon at the rate aforesaid from the time of the same respectively having been so expended and that until such repayment the same shall be a charge upon the said property and it is hereby agreed and declared that all sums of moneys received under or by virtue of any such insurance as aforesaid shall at the option of the Mortgagee either be forthwith applied in or towards substantially rebuilding, reinstating and repairing the said property or in or towards the payment of the principal money and interest for the time being remaining due on the security of these presents provided always and it is hereby agreed and declared that in the event of any damage happening to the said property hereby granted by fire, tempest, earthquake, lightning, rain or otherwise howsoever or if the Mortgagor is wound up and/or ordered to be wound up or commits any act of bankruptcy or becomes incapable of managing it’s affairs at any time or times after the execution hereof so as to materially impair the security hereby created then and in such case notwithstanding anything herein contained to the contrary the whole of the Mortgage debt shall at once at the option of the Mortgagee become immediately payable as if the due date had then elapsed and in such case all such rights and remedies shall be available to the Mortgagee as would be available to him under the terms of these presents or by law upon default being made in payment of the principal money and interest hereby secured. PROVIDED ALWAYS AND IT IS RECORDED that the principal and interest shall be paid every month regularly as provided above and if the same remains unpaid for a period of three months then and in that case the whole of mortgage debt shall become payable on demand as if the due date had then elapsed and in such case all such rights and remedies including the power of sale shall be available to the Mortgagee as would be available to him under or by virtue of these presents or by law upon default being made in payment of Mortgage debt hereby secured. And it is hereby further recorded  that it shall be lawful for the Mortgagee, without any further consent of the Mortgagor, to appoint, such person as he thinks fit to be the Receiver, Agent and Attorney from time to time in the name of the Mortgagor or otherwise to receive the rents and profits of the said property from the present and future tenants and occupiers thereof and the persons liable to pay the same respectively, and in case of the non-payment thereof to use all or any lawful remedies for recovering and obtaining payment of the same as fully and effectually as the Mortgagor could do and the Mortgagor doth hereby direct the present and future tenants and occupiers of the said property and the persons liable to pay the same respectively, to pay the rents and profits of the said property unto such Receiver and to any future Receiver to be appointed as hereinafter mentioned and it is further recorded that the receipt of the Receiver for the time being shall be an effectual discharge to such tenants, occupiers and persons for such rents and profits and the Receiver shall have power to make such allowances to and arrangements with such tenants, occupiers and other persons as he shall think fit and to give notice to quit and bring and take actions and proceedings for ejectment and recovery of possession of any of the said premises on the expiration or determination or forfeiture of any tenancy or otherwise and to relet the same or any part thereof from time to time to such person or persons as he shall think fit at the best rents which may be reasonably obtainable and it is hereby agreed that the Receiver shall out of the rents and profits received by him in the first place pay all ground rents, rates, taxes, charges, assessments and outgoings (including cost of repair and insurance) for the time being payable in respect of the said property and in the next place pay the expense of collection and management and deduct and retain for his own use so much not exceeding ten percent of the total amount received as in the opinion of the Mortgagee the Receiver shall be reasonably entitled to for his trouble and in the next place pay to the Mortgagee by equal payments the interest from time to time accruing due on the security of these presents and shall allow the surplus if any of the said rents and profits to accumulate and pay the same to the Mortgagee in reduction of the principal amount due to him Provided always that the Receiver may be removed and a new Receiver may be appointed from time to time by the Mortgagee and it is recorded that the Receiver shall be deemed to be in all respects the agent of the Mortgagor and that the Mortgagee shall not under any circumstances be answerable for any loss or misapplication of the said rents and profits or any part thereof by reason of any default, neglect or breach of trust of or by the Receiver or for any other loss or damage occasioned by the acts or defaults of the Receiver but such loss, misapplication and damage and every Receiver’s salary shall be wholly borne and paid by the Mortgagor Provided also and it is hereby agreed  that the aforesaid power of appointing a Receiver conferred on the Mortgagee shall not be exercised by him unless payment of interest shall be in arrears for three months or unless some event has happened whereby the Mortgagee shall be entitled to exercise his power of sale or the Mortgagor having committed any breach and it is recorded that once the Receiver is appointed by the Mortgagee no one including tenant/occupants shall be entitled to question and/or dispute the appointment and powers of the Receiver.  It is hereby recorded, agreed and declared  that it shall be lawful for the Mortgagee at any time or times hereafter without any further consent on the part of the Mortgagor to sell the said property or any part or parts thereof by public auction or private treaty in the manner and on the terms and conditions deemed fit and proper by the Mortgagee with power to postpone such sale from time to time and buy the same at any sale by public auction, without being answerable for any loss or diminution in price occasioned thereby and for the purposes aforesaid or any of them to make agreements, execute assurances, give effectual receipts or discharges for the purchase money, and do all other acts and things for completing the sale Provided always  and it is hereby recorded that such power of sale shall not be exercised by the Mortgagee unless and until:— (a) if any payment of any money secured by this deed is not paid on the dates on which they are payable, whether demanded or not and the same or any part thereof remains unpaid even after notice in writing (giving three calendar months time to rectify such breach) as required by Section 69 sub-Section (2) of the Transfer of Property Act is served upon the Mortgagor requiring payment of the said amount. (b) if the Mortgagor commits any act of bankruptcy or otherwise becomes incapable of managing it’s affairs or is wound up and/or ordered to be wound up; (c) if the power of appointing a Receiver becomes exercisable; and (d) if the Mortgagor commits default in observing or fulfilling any of its obligations herein and does not make good the default within clear 30 days from the day of service of notice by the Mortgagee specifying the default. And it is hereby declared  that any such notice as aforesaid as well as any other notice required to be served upon the Mortgagor shall be deemed to have been duly served on the Mortgagor by delivering a copy of such notice to the Mortgagor or sending the same through Post addressed to it’s last known place or place of abode or by leaving or affixing the same upon or to some part of the Mortgaged premises and shall be sufficient and valid and it is hereby further agreed and declared  that without prejudice to all rights conferred on the Mortgagee by Section 69 of the Transfer of Property Act no purchaser upon any sale to be made under the powers hereinbefore contained shall be bound or concerned to see or inquire whether either of the case mentioned in the proviso lastly hereinbefore contained has happened or whether any such default has been made or whether any money remains owing on this security or whether any such notice has been given or the steps before exercising the power of sale are properly exercised and notwithstanding any such irregularity, impropriety or want of necessity such sale shall as far as regards the safety or protection of the purchaser or purchasers be deemed to be within the aforesaid power in that behalf and be valid and effectual accordingly and the remedy of the Mortgagor in respect of any breach of the proviso lastly herein before contained for any irregularity in any such sale shall be in damages only and it is hereby agreed and declared that upon any such sale as aforesaid the receipt of the Mortgagee for the purchase money of the property sold shall be effectual discharge for the money expressed to be received and that no purchaser shall be concerned to see to the application of the purchase money or be answerable for any loss, misapplication or non-application thereof and it is hereby further agreed and declared that the Mortgagee shall hold the moneys to arise from any such sale in the first place, there from to reimburse himself or pay and discharge all the costs, charges and expenses attending to or incurred in or about such sale or otherwise in respect of the said property and in the next place to apply such moneys in or towards satisfaction of all and singular the moneys for the time being owing on the security of these presents and to pay the surplus if any of the said moneys unto the Mortgagor and it is declared that the Mortgagee shall not be answerable or accountable for any involuntary losses which may happen in or about the exercise or execution of the aforesaid powers or any of them and it is hereby further agreed and declared that on the said property or any portion thereof being at any time acquired by any authority or by any other public body for a public purpose the Mortgagee shall be entitled to receive the compensation to which the Mortgagor may be entitled and to apply the same towards repayment of the moneys for the time being due to him under these presents including interest in lieu of notice and all proceedings for ascertainment and apportionment of the compensation payable for the said property shall be conducted by the Mortgagee through his Advocates and the Mortgagor shall repay on demand to the Mortgagee all costs, charges and expenses that may be incurred by the Mortgagee with interest thereon at the rate aforesaid from the time the same having been incurred and that until such repayment the same shall be a charge upon the said property AND IT IS HEREBY FURTHER AGREED AND DECLARED that the Mortgagor will pay all costs, charges and expenses in any manner incurred or made by the Mortgagee of and incidental to these presents or of and incidental to or in connection with this security including the stamp duty and registration charges as well for the assertion or defense of the right of the Mortgagee as for the protection and security of the said property and for the demand realization and recovery of the amount of principal and interest secured by these presents or any part thereof or for the exercise of any of the powers contained in these presents and the same shall be paid on demand by the Mortgagor to the Mortgagee with interest thereon at the rate aforesaid from the time of the same having been so incurred and that until such repayment the same shall be a charge upon the said property hereby granted. Until the repayment of the entire Mortgage debt in full, it is agreed, recorded, confirmed and covenanted by the Mortgagor as under :— (i) They shall keep the said property free from all encumbrances, liens and reasonable doubts. (ii) They shall not without the written consent of the Mortgagee create any lease and/or any kind of third party rights of whatsoever nature in respect of the said property. (iii) They shall not transfer or create any new tenancies in respect of the tenements in the said property. THE SCHEDULE ABOVE REFERRED TO: (Description of the said property) IN WITNESS WHEREOF the parties hereto have executed these presents on the day and year find hereinabove written. THE COMMON SEAL OF the ) ABC LTD., the MORTGAGOR above named )  is hereunto affixed pursuant to the ) Resolution of its Board of Directors ) passed in that behalf, on the ______ ) day of ___________ 200___ in the presence of ) (1) _______________, Managing Director and ) (2) __________________, Director and in ) the presence of:— ) SIGNED, SEALED AND DELIVERED by ) X Y Z, the MORTGAGEE ) Above named, in the presence of:— ) R E C E I P T RECEIVED the day and year first above written of and from the withinnamed Mortgagee the sum of Rs. 20,00,000/- (Rupees Twenty lacs only) being the full consideration money as aforesaid. Rs. 20,00,000/- We say Received (THE MORTGAGOR)

  • Agreement for Sale of Ready Goods

    Agreement for Sale of Ready Goods This Agreement is made at ... this .... day ....... of Between Mr. A residing at ... hereinafter referred to as the 'Seller' of the One Part and Mr. B residing at ... hereinafter referred to as 'the Buyer of the Other Part. 1.     The Seller agrees to sell and the Buyer agrees to buy from the Seller one hundred bags of.,.. (hereinafter referred to as the 'said goods') at the price of Rs... per bag. 2.     The goods agreed to be sold are at present lying An the godown of the Seller and the Buyer has examined the same and they have been marked for identification... 3.     The said goods will be despatched by the Seller to the Buyer at... by railway from ... to ... station and the Buyer will take delivery of the said goods from the Railway against payment of the price as hereinafter mentioned. 4.     On the said goods being delivered over to the Railway at the said ... station the Seller will send the Railway receipt duly endorsed as well as a bill of exchange drawn on the Buyer in favour of the Seller's banker at the town of... where the goods are to be delivered to the Buyer by the Railway and the same will be handed over by the said Bank to the Buyer endorsed in his name against the Buyer paying the price of the said goods, without any deduction. 5.     Since the time the goods are delivered to the Railway at the place of despatch, they will be at the risk of the Buyer provided that. the Seller reserves his right, in the event of the Buyer failing to pay the price and to take delivery as aforesaid, to take possession of the goods and to sell the same by auction at the Buyer's risk. In the event of the net sale price failing short of the agreed price the Buyer will be liable to pay the difference to the Seller as damages. However, In the event of the price fetched being more than the agreed price, the Seller alone will be entitled to that difference. 6.     In the event of the said goods being lost or destroyed in course of transit the Buyer will be liable to the Seller to pay the said agreed price with Interest thereon at the rate of Rs... percent from date of despatch till payment. 7.     The Seller shall insure the said goods for the period of transit against the risk of loss or destruction In the name of the Buyer and in the event of loss or destruction, the Buyer will be entitled to the insurance claim subject to the lien of the Seller for the sale price as aforesaid and the Buyer will be liable to accept and pay the bill of exchange drawn on him for the price. 8.     If the Seller fails to despatch the goods as aforesaid within eight days from the date hereof, this contract shall be deemed to be terminated and he will be liable to the Buyer for the difference between the agreed price and the market price at the last date of the despatch period and a sum of Rs... as liquidated damages. 9.     In the event of any dispute arising out of this contract Including any claim by one against the other the same will he referred to arbitration according to the rules and bye-laws of the ... Association. Sd/- Seller . Sd/- - Buyer. Download Word Document In English. (Rs.15/-)

  • Deed of a House

    Deed of a House This Indenture of sale made on this the .................... day of ....................... one thousand nine hundred and ninety-two between Shri X, son of Shri Y, resident of .................................................... hereinafter called the Vendor (which expression shall include wherever applicable his heirs, executors, legal representatives and assigns) of the ONE PART and A, son of 8, resident of ................................... hereinafter called the purchaser (which expression shall include wherever applicable his heirs, executors, legal representatives and assigns) of the OTHER PART. Whereas one Shri............................. had by means of a deed of conveyance dated .................. and registered as No................in Book No .................. Volume .................... on pages ..................... in the office of Joint Sub-Registrar at .................. had acquired the estate which was commonly known as ........................ and thereafter had constructed new houses on the open land and named the same as .................. ; and And Whereas on the demise of the said Shri ............................ Shri .................... son of .................. resident of ....................... had acquired the said premises by means of the last will and testament of the said Shri ...................... dated .................. and registered as No. ................... in the Book No. ........... Volume ................ pages ............... in the office of the Joint Sub-Registrar . .................. on .............................. ; and And Whereas the said Shri ............... sold out the entire estate to Shri .............. jointly with Shri ...................... by means of a sale deed dated .......................... Registered as No.......... of ................. in Book No .............. Volume No ................... on pages ................ in the office of the Joint Sub-Registrar, ……………. on the ..................... ; and And Whereas the said Shri ..................... jointly with Shri ................ sold out the entire estate to Smt ..................... and Shri .................... by means of a sale deed dated ................ Registered as No . ............. in Book No . ................... Volume .............. on pages .................... dated ..................... in the office of Joint Sub-Registrar, …………….; and And Whereas the said Smt............... and Shri .......................... jointly sold a portion of the said estate (approx. about .............. acres) to Smt. ...................... wife of ................................. and Shri............................. son of late ................................ resident of ............................. by sale deed dated registered as No. .......... in Book ................. Volume No. ................. pages ................... in the office of Joint Sub-Registrar. .................. ; and And Whereas the said Smt ...................................... and Shri ............................. jointly sold other portion of the said estate (approx. about 3.50 acres) to Smt .............................. wife of ............................... and Shri .................................. son of late ................................ resident of ....................................... by a sale deed dated ..................... registered as No ........................ in Book No ................... Volume No .................... in the office of Joint Sub-Registrar . .................. ; and And Whereas the said Smt ........................... and Shri ................................. jointly sold the entire property under their ownership admeasuring approx. 3.50 acres to the Vendor by sale deed dated ............................ registered as No ................... Book NO ........ Volume No ......... pages .................... in the office of Joint Sub- Registrar, …………; and And Whereas Smt ........................... and Shri .............................. also jointly sold the property to Vendor under their ownership admeasuring about ..................acres by sale deed dated ...................... registered as No .............. Book No ................ Volume No . ................... pages ..................... on .................... in the office of Joint Sub-Registrar . .................. ; and And Whereas the Vendor herein has become absolute owner of the total extent of .................. acres and the building constructed thereon more particularly described in the Schedule hereunder; and And Whereas the said property was renamed as ………………. and at the request of the Vendor the change of name was also recorded in the records of Municipal Board ..................; And Whereas the Vendor has offered to sell the said 7.00 acres of land, bearing plot No ............. situate on ..................... known as ........................... together with a building bearing No ............................ Road, …………., and the Purchaser has agreed to purchase the said property more particularly described in the schedule hereunder and delineated in the plan attached hereto and coloured red thereon for a total sale consideration of a sum of Rs ............. (Rupees .................................. only). Now this indenture of sale witnesseth as under That in pursuance of the said agreement and in consideration of the said sum of Rs . ................... (Rupees ............................. only) paid by the Purchaser herein unto the Vendor before execution of these presents (the receipt of which sum the Vendor doth hereby acknowledge as the full consideration) the Vendor doth hereby grant, convey, and assign by way of absolute sale unto the Purchaser all those pieces and parcel of land admeasuring .................. bearing plot No.................... popularly known as ……………….. situated at .................................. along with the building constructed thereon bearing municipal No . .................. more particularly described in the Schedule herein and delineated in the plan attached hereto and coloured ......................... thereon together with building fixtures, etc. with all the estate, right, title and interest of the Vendor herein together with all other rights, easements, advantages, privileges and appurtenances whatsoever in the said piece and parcel of land to have and to hold the same unto the Purchaser herein absolutely for ever and absolutely free from all encumbrances, claims, demands, attachments and charges of all claim but subject however to the payment of all Government assessment and other taxes payable to the Government or any other local Authorities in respect of the said land and property more particularly described in the Schedule hereunder and delineated in the plan attached hereto and coloured................... thereon together with all ways, waters, watercourses thereto, whatever in the said piece or parcel of land more particularly described in the Schedule hereunder and hereby conveyed, the Vendor covenant and confirm that all rents, rates, taxes, assessment dues, duties on the said property have been paid by them upto and including the date of these presents and further covenant that should any rates, taxes, dues and duties be found payable upto date, the same shall and will be paid by him; and AND WHEREAS the Vendor doth hereby covenant with the said purchaser that he, the Vendor have good right, title, interest and full power to grant, convey and assign the said piece and parcel of property more particularly described in the Schedule hereunder and delineated in the plan attached hereto and coloured....................... thereon in the manner aforesaid and that the said property is free from all encumbrances, claims, demands and other court attachments and that the Purchaser may quietly enter into and enjoy the same, the rents and profits of the said property without any lawful interruption, claims, demand or disturbance whatsoever from the said vendor or any other person or persons claiming through, under or in trust for the said Vendor. And that free and clear and freely and clearly and absolutely acquitted, exonerated, released and forever discharged or otherwise by the vendor and sufficiently saved, defended, kept harmless and indemnified of, from and against all former and other estates, titles and charges and/or encumbrances whatever had made, executed, occasioned or suffered by the Vendor or by any other person or persons lawfully or equitably claiming or to claim by, from, under or in trust for them or any of them with the vendor and all persons having or lawfully or equitably claiming any estate, right, title or interest in law or in equity in all said property hereby assigned, transferred or any part thereof by, from or in trust for the vendor or his successors, assigns and representatives shall and will from time to time. AND the Vendor doth hereby covenant with the Purchaser that notwithstanding any act, deed, matters or things whatsoever by the Vendor or by any person or persons lawfully or equitably claiming by, from, through, under or in trust for him, made, done, committed or knowingly or willingly suffered to the contrary, his right, title or interest to the said property not becoming void or voidable or the Vendor doth hereby covenant with the Purchaser that there is no mortgage, charge or lien or other encumbrances on the said property and the Vendor doth hereby further covenant with the Purchaser that the Purchaser, its visitors, servants, agents and licences from time to time and at all times hereafter by day and night at its or their free will and pleasure for all purposes connected with the use and enjoyment of the said property hereby conveyed, and assured or expressed so to be to go to return, pass and re-pass with or without vehicles of all descriptions (including mechanically propelled vehicles) laden or unladen and with or without animals over the common road and the Vendor declare that he has handed over to the Purchaser all documents of title relating to, belonging to or connected with the said property and the Vendor declare and confirm that he does not have any other document of title and should he come in possession of any evidence or document of or relating to title, he shall and will hand over or cause to be handed over to the Purchaser or any person claiming through or under the Purchaser. AND, lastly the Vendor doth hereby confirm that he had handed over to and placed the Purchaser in possession of the said property hereby granted, conveyed, transferred and assigned unto the Purchaser. AND THE VENDOR DOTH HEREBY FURTHER COVENANT with the said Purchaser that whenever reasonably required by the said Purchaser and at the cost of the Purchaser, the Vendor will do sign and execute all other acts, deeds and writings for further and better assuring the said land and properly more particularly described in the Schedule hereunder and hereby conveyed to the said Purchaser. IN WITNESS WHEREOF the Vendor has hereunto set his hand to this Indenture of sale on the day, month and year first above herein written. Schedule of the property above referred All that piece or parcel of land or ground bearing plot No . ........... situate at ............ admeasuring .............. acres or thereabouts along with the building bearing Municipal No ............... of ................... .............., popularly known as ............. marked A, B, C, D, E, F, G and delineated by the red colour in the site plan annexed hereto, within the Registration District of .............. and bounded as follows: North South East West Signed and delivered by Shri ............................. the within named Vendor RECEIVED the day and year first hereinabove written of and from the within named Purchaser a sum of Rs ............ (Rupees .................. only) being the full consideration money as within mentioned payable by it to us. Rs ................................ I say received. Date: (Vendor) Download Word Document In English. (Rs.30/-) Download PDF Document In Hindi. (Rs.60/-) Download PDF Document In Marathi. (Rs.30/-)

  • Deed of Conveyance of an Interest in Property

    Deed of Conveyance of an Interest in Property The Deed of Conveyance is made at ....... this day ....... of. ..... between Mr. 'A' of ....... hereinafter referred to as the 'Vendor' of the one Part and Mr 'B' of . . . . . . .hereinafter referred to as the 'Purchaser' of the other Part. Whereas the Vendor is a co owner along with Mr 'X' and Mr. 'Y' of an immovable property consisting of land with building and situate at ……………....... in the City and Sub Registration Distt. of ....... and which is more particularly described in the Schedule hereunder written. And Whereas on a notional partition the Vendor's undivided share, right, title and interest Is one third in the said property; And Whereas the Vendor has agreed to sell his share to the purchaser absolutely for the price of Rs ........ And Whereas for the purpose of stamp duty the consideration/market value of the said share is fixed at Rs ........ and stamp duty is paid accordingly. And Whereas the Purchaser has requested the Vendor to execute these presents which the latter has agreed to do. NOW THIS DEED WITNESSETH that pursuant to the said agreement and in consideration of the said sum of Rs ........ (Rupees ....... ) paid by the Purchaser to the Vendor on the execution of these presents (receipt whereof the Vendor doth hereby admit) he the Vendor doth hereby convey and transfer by way of sale all his undivided one third share, right. title and Interest In or to the said land and premises situate at ....... and more particularly described in the Schedule hereunder written together with all the things permanently attached thereto and standing thereon and together with the proportionate benefit of all privileges, easement, profits, advantages, rights and appurtenances whatsoever to the said land and premises or any part thereof belonging or in anywise appurtenant thereto and all other estate, right, title and interest of the Vendor whatsoever at law or otherwise to the said land and other premises, TO HAVE AND TO HOLD the same unto and of the use of the Purchaser absolutely and forever subject to the payment of all rents. rates, taxes, assessments, dues and duties now chargeable and payable and that may become chargeable and payable from time to time hereafter in respect of the said land and premises to the Government or the Municipal Corporation (or Council) or any other local or pubic authority. And The Vendor Doth Hereby Convenant Unto The Purchaser That 1.     The Vendor now has in himself good right and full power to convey and transfer by sale all his said undivided one third share, right, title and interest In the said land and premises hereby conveyed or intended so to be unto and to the use of the purchaser in manner aforesaid. 2.     The Purchaser may from time to time and at all times hereafter peaceably and quietly enter upon, occupy or possess and enjoy along with but without prejudice to the similar rights of the other co-owners of the said land and premises and to receive the proportionate share In the rents. income and profits thereof and every part thereof for his own use and benefit without any suit, lawful interest or interruption claim or demand whatsoever from or by the Vendor or his heirs or any of them or by any person or persons claiming or to claim from under or In trust for him or any of them. 3.     The Purchaser shall hold the said undivided share, right, title and interest in the said land and premises free and clear. freely and clearly and absolutely exonerated and forever released and discharged or otherwise by the Vendor and well and sufficiently saved defended kept harmless and indemnified from and against all former and other estates. title, charges and encumbrances whatsoever made, occasioned or suffered by the Vendor or by any other person or, persons claiming to claim by. from, under or in trust for him. 4.     The Vendor and all persons having or claiming any estate. right. title or interest in the said undivided share, right, title and interest of the vendor in the said land and premises. hereby conveyed or any part thereof by. from, under or In trust for the Vendor or his heirs, executors, administrators or any of them shall and will from time to time and. at all times hereafter at the request and cost of the Purchaser do and execute and cause to be done and executed all such further and other lawful acts deeds and things In the law whatsoever for the better and more perfectly and absolutely granting the said undivided share, right, and title and Interest in the said land and premises and every part thereof unto and to the use of the Purchaser in manner aforesaid as by the purchaser, his heirs, executors and administrators and assigns shall be reasonably required. IN WITNESS WHEREOF the Vendor has put his hand the day and year first hereunder written. THE SCHEDULE ABOVE REFERRED TO (description of the property) Signed and Delivered by the withinnamed Vendor Mr ....... in the presence of .... Download Word Document In English. (Rs.20/-) Download PDF Document In Hindi. (Rs.40/-) Download PDF Document In Marathi. (Rs.20/-)

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