Apartment Sale Agreement (India)

Apartment Sale Agreement for use in India.

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This kit includes tools and guidelines to assist you in drafting an Apartment Sale Agreement.

A contract for the sale of immovable property such as a house or an apartment is a contract laying down that the 'Sale' of such property shall take place on the terms settled between the parties in the contract.

Sale is a transfer of ownership in exchange for a price paid or promised or part paid and part promised. The transfer by way of sale of tangible immovable property of the value of rupee one hundred and above must be made by a registered instrument.

Among others, this form includes the following key provisions:
  • Property Details
  • Sale Price
  • Delivery and Possession
  • Title
  • Purchaser and Vendor Covenants
This attorney-prepared Apartment Sale Agreement packet contains:
  1. Description and Instructions for Apartment Sale Agreement
  2. Apartment Sale Agreement for use in India
Law Compliance: This form is designed for use in India.
This is the content of the form and is provided for your convenience. It is not necessarily what the actual form looks like and does not include the information, instructions and other materials that come with the form you would purchase. An actual sample can also be viewed by clicking on the "Sample Form" near the top left of this page.












Agreement for Sale of an Apartment
(India)



  








This Packet Includes:
   1.  General Description
   2.  Instructions
   3.  Agreement for Sale of an Apartment






General Description
 Agreement for Sale of an Apartment
(India)


A contract for the sale of immovable property, such as a house or an apartment, is a contract laying down that the 'sale' of such property shall take place on the terms settled between the parties in the contract.

Sale is a transfer of ownership in exchange for a price paid or promised, or part paid and part promised. The transfer by way of sale of tangible immovable property of the value of rupee one hundred and above must be made by a registered instrument. The transfer by way of sale of tangible immovable property of the value of less than one hundred rupees may be made either by a registered instrument or by delivery of the property.

According to Transfer of Property Act, immovable property does not include standing timber, growing crops or grass.





Instructions
Agreement for Sale of an Apartment
(India)

   Terms for Payment
The buyer and seller have to agree upon the terms on the price and other expense for transfer of property.  The time required for payment of last installment of property must be decided upon.

   Transfer Title of Property
Title of property is an important document in order to secure the sanction of a mortgage or loan from a bank. The title of property should be transferred to the buyers name when the seller receives the amount agreed by buyer. The transfer of title is the last step in the transaction. Seller has to register the property in buyers name in the local registrar office in which jurisdiction of the property belongs.

   Stamp Duty
Stamp duty rates are fixed for properties by the authorities. The rate may vary from state to state. The buyer has to ensure that seller has registered the property in buyers name on the rate levied for the property transferring.

   Registration
All the documents to be registered have to be accompanied by a prescribed registration fee as per the State/Region where its to be registered.  Since rules and regulations differ from state to state, please ensure that the correct Apartment Ownership Act is mentioned in the Agreement which correspond to that particular States laws.

Note:  Please seek independent legal and financial advice when signing a sales deed and ensure all copies of documents, including the sales deed, is properly read and understood.











DISCLAIMER:

FindLegalForms, Inc. (“FLF”) is not a law firm and does not provide legal advice.  The use of these materials is not a substitute for legal advice. Only a lawyer/advocate/solicitor/barrister can provide legal advice.  A lawyer/solicitor/barrister should be consulted for all serious legal matters.  No Lawyer-Client / Solicitor-Client /Advocate-Client relationship is created by use of these materials.  
THESE MATERIALS ARE PROVIDED “AS-IS.  FLF DOES NOT GIVE ANY EXPRESS OR IMPLIED WARRANTIES OF MERCHANTABILITY, SUITABILITY OR COMPLETENESS FOR ANY OF THE MATERIALS FOR YOUR PARTICULAR NEEDS.  THE MATERIALS ARE USED AT YOUR OWN RISK.  IN NO EVENT WILL:  I) FLF, ITS AGENTS, PARTNERS, OR AFFILIATES; OR II) THE PROVIDERS, AUTHORS OR PUBLISHERS OF ITS MATERIALS, BE RESPONSIBLE OR LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, EXEMPLARY, OR CONSEQUENTIAL DAMAGES (INCLUDING, BUT NOT LIMITED TO, PROCUREMENT OF SUBSTITUTE GOODS OR SERVICES; LOSS OF USE, DATE OR PROFITS; OR BUSINESS INTERRUPTION) HOWEVER USED AND ON ANY THEORY OF LIABILITY, WHETHER IN CONTRACT, STRICT LIABILITY, OR TORT (INCLUDING NEGLIGENCE OR OTHERWISE) ARISING IN ANY WAY OUT OF THE USE OF THESE MATERIALS. 

The use of these materials is subject to the “Terms and Conditions” found at findlegalforms.com.




Sale of an Apartment                        -



AGREEMENT FOR SALE OF AN APARTMENT

THIS AGREEMENT made at _____________ this _____________ day of _____________, 200_ between ____________, son of _____________ resident of _____________ hereinafter referred to as the Vendor of the ONE PART and ______________, son of __________________________ resident of     _____________ hereinafter referred to as the Purchaser of the OTHER PART.

WHEREAS the Vendor is absolutely seized and possessed of the land bearing Plot No. _____________ situated at _____________ and hereinafter referred to as the Land and more particularly described in the Exhibit A hereunder written;

AND WHEREAS the Vendor has completed the construction of the buildings and obtained completion and occupation certificates in respect of the buildings from the ____________Municipal Corporation;

AND WHEREAS the Vendor has agreed to sell one Apartment on the _____________ floor in the building No. _____________ being constructed and having the specifications mentioned in the Exhibit B hereunder written at a price of Rs _____________ (Rupees   _____________) subject to the terms and conditions hereinafter appearing;

AND WHEREAS the Purchaser has inspected the documents relating to the land, the order of the Competent Authority, site plans approved by the _____________ Municipal Corporation and is satisfied about the Vendor's title to the said property and the site plans of the proposed buildings;

AND WHEREAS the title of the Vendor to the said property has been certified to be clear, marketable and free from encumbrances by M/s. _____________ Solicitors and Advocates. _____________ and a copy of the said title certificate is hereto annexed at Exhibit C ;

AND WHEREAS the Vendor has agreed to sell and the Purchaser has agreed to purchase the Apartment No_____________ on the. _____________ floor in the building No. _____________  hereinafter referred to as the said Apartment on the following terms and conditions.

NOW THIS AGREEMENT WITNESSETH AND IT IS HEREBY AGREED BY AND BETWEEN THE PARTIES AS FOLLOWS:

1)  Property Details. 

The Vendor hereby agrees to sell and the Purchaser agrees to purchase the Apartment No. _____________.  on _____________ floor in the building No        _____________  of Carpet Area admeasuring _____________  sq. metres as delineated on the plan thereof hereto annexed as Exhibit A and thereon shown surrounded by green coloured boundary line.

2) Sale Price. 

The Purchaser agrees to pay a sum of Rs   _____________ (Rupees  _____________    ) toward the purchase of the Apartment (“Sale Price”). The Purchaser acknowledges that out of the Sale Price of Rs _____________ to be paid by him to the Vendor, a sum of Rs_____________ has been paid by the Purchaser to the Vendor on the execution of these presents (the payment and receipt the Vendor both hereby admit and acknowledge) and the balance will be paid by instalment in the following manner:


1.  Rs . _____________    on or before        _____________  
2   Rs . _____________    on or before        _____________  
3.  Rs . _____________    on or before        _____________  
4.  Rs . _____________    being the final balance on the delivery of
the Apartment by the Vendor to the Purchaser.

Parties agree that if the amounts payable under these presents are not paid within the time stipulated by the Purchaser, the Purchaser will be liable to pay interest at the rate of ___% per annum from the due date of payment to the date of payment.

3) Delivery; Possession. 

The Vendor shall deliver the possession of the Apartment to the Purchaser on or before _____   day of  _____, 200_.  The Purchaser shall take possession of the Apartment within one (1) week of  receipt of a notice of the Vendor to the Purchaser that the said Apartment is ready for use and occupation and that the Vendor has obtained the completion and occupation certificate from the _________ Municipal Corporation;

4) Compliance with Laws.

The Vendor agrees that he shall comply with the provisions of section 10 of the _________________ Ownership Flats (Regulation of the Promotion of Construction, Sale, Management and Transfer) Act, 1963 (hereinafter referred to as the _________________ Apartment Ownership Flats Act, 1963) and the ____________ Apartment Ownership Act, 1970 and shall execute a Declaration as provided by section 11 of the _________________ Apartment Ownership Act, 1970 and register it with the Registering Officer under Indian Registration Act and the Purchaser hereby agrees that he shall join and form an association of all the Apartments in the said building as contemplated by the _______________ Apartment Ownership Act.

5) Title.

The Vendor shall convey and assign all rights, title and interest in each Apartment to each Purchaser on receipt of all payments, price, and deposits payable by the Purchasers to the Vendor in respect of all Apartments/car parking spaces and other premises in the said building.

6) Stamp Duty.

The Purchaser shall also be liable to pay expenses on account of stamp duty and registration charges in respect of the Deed of Apartment.



7) Delay in Execution; Non-Compliance.

Either party shall be entitled to take action against the other party in the event that party delays in enforcing the Agreement and fails to comply with the terms herein. Such actions shall not be considered as a waiver on the part of the non compliant party.

8) Use.

The Purchaser shall not use the Apartment or any part thereof or permit the same to be used for any other purpose other than for the purpose of residence.

9) Purchaser Covenants.

The Purchaser hereby covenants that

A) He shall maintain the Apartment at his own cost in a good conditions, except normal wear and tear from the date of taking over possession of the Apartment and shall not do anything in or to the building in which the Apartment is situated, staircase or any passage which may be against the rules, regulations, or bye-laws of ___________________ Municipal Corporation or any other authority.

B) He shall not change/alter or make addition in or to the building in which the Apartment is situated and the Apartment itself or any part thereof.

C) He shall not demolish or destroy or cause to be demolished or destroyed the Apartment or any part thereof nor at any time make or cause to be made any addition or alteration of whatever nature in or to the Apartment or any part thereof.

D) He shall comply with and perform all rules and regulations which the Association of Apartment Owners may adopt at its inception in relation to occupation and use of the Apartment and the additions, alterations or amendments thereof that may be made from time to time for protection and maintenance of the said building and the Apartments therein.

E) He shall also regularly contribute and make timely payments towards the taxes, assessments, dues, duties and impositions, expenses or other outgoings in accordance with the terms of this Agreement.

F) He shall not sub-let, mortgage, create charge or assign the said Apartment, pending the transfer of Apartment, to him without the consent of the Vendor in writing, etc.
 

10) Vendor Covenants.

The Vendor hereby covenants that:

A) He shall ensure the peaceful possession of the Apartment by the Purchaser without any without any interference or obstruction by the Vendor on any person claiming under or in trust for the Vendor. This is subject to Vendor receiving all moneys and payments of sum mentioned herein and proper execution of all presents.

B) He shall maintain a separate account for all sums received by the Vendor from the Purchasers of the Apartments or sums received on account of the legal charges and execution of other documents required to be executed, and shall utilise the amounts only for the purposes for which they have been received and after transfer of the said property, the balance amounts shall be paid and transferred by the Vendors to the Purchasers.

C) He shall regularly pay all outgoings, including ground rent, taxes, assessments, dues, duties, impositions and outgoings up to the date of delivery of the possession to the Purchasers and transfer of the Apartment is complete.

11) General.

A) This Agreement shall be made and executed by the Vendor, and other persons having any right or interest in the said property.

B) If before the completion of transfer of the building, the building including the Apartment is notified by the Government under the Land Acquisition Act or any other law for the time being in force for acquisition or requisition, the Purchaser shall not be entitled to cancel this Agreement and in case of acquisition of the building including the said Apartment, the Purchaser shall be entitled to a proportionate part of the compensation if and when awarded by the Government or any other authority. If the said Apartment is requisitioned by the Government or any other authority, the Purchaser shall be entitled to the compensation awarded by the requisitioning authority in respect of the Apartment.

C) This Agreement shall not be construed as a grant, demise or assignment in law of the said Apartment or of the said land and building or any part thereof.

D) The Purchaser must execute a Deed of Declaration in the form as prescribed under law along with or prior to the execution of Deed of Apartment to the effect that he submits his Apartment to the provisions of the ____________ Apartment Ownership Act.

E) This Agreement and the said sale shall be subject to the provisions of _________ Apartment Ownership Act and rules made thereunder.

F) All notices to be served on the Purchaser as contemplated by this Agreement shall be deemed to have been duly served to the Purchaser by Registered Post A.D. at his address specified below:

___________________________________
___________________________________
___________________________________


G) This Agreement shall be executed in triplicate. The original copy shall be lodged for registration by the Purchaser and the Vendor shall admit execution before the Sub-Registrar and the Second and Third copy shall be retained by the Purchaser and Vendor respectively. The original copy of this Agreement will be received by the Purchaser from the Registrar as and when ready after registration.


12) Additional Terms

[Mention any Additional terms which have been agreed upon]


IN WITNESS WHEREOF the parties hereto have hereunto put their respective hands the day and year first hereinabove mentioned.


Signed and delivered by the within named Vendor : _________________________________

Signed and delivered by the within named Purchaser: ________________________________

WITNESSES:

1.  _____________________________

2.  _____________________________

Exhibit A
Land
Exhibit B
Building Plan and Marking for Apartment
Exhibit C
Title Certificate
Number of Pages11
DimensionsDesigned for Letter Size (8.5" x 11")
EditableYes (.doc, .wpd and .rtf)
UsageUnlimited number of prints
Product number#33495
This is the content of the form and is provided for your convenience. It is not necessarily what the actual form looks like and does not include the information, instructions and other materials that come with the form you would purchase. An actual sample can also be viewed by clicking on the "Sample Form" near the top left of this page.












Agreement for Sale of an Apartment
(India)



  








This Packet Includes:
   1.  General Description
   2.  Instructions
   3.  Agreement for Sale of an Apartment






General Description
 Agreement for Sale of an Apartment
(India)


A contract for the sale of immovable property, such as a house or an apartment, is a contract laying down that the 'sale' of such property shall take place on the terms settled between the parties in the contract.

Sale is a transfer of ownership in exchange for a price paid or promised, or part paid and part promised. The transfer by way of sale of tangible immovable property of the value of rupee one hundred and above must be made by a registered instrument. The transfer by way of sale of tangible immovable property of the value of less than one hundred rupees may be made either by a registered instrument or by delivery of the property.

According to Transfer of Property Act, immovable property does not include standing timber, growing crops or grass.





Instructions
Agreement for Sale of an Apartment
(India)

   Terms for Payment
The buyer and seller have to agree upon the terms on the price and other expense for transfer of property.  The time required for payment of last installment of property must be decided upon.

   Transfer Title of Property
Title of property is an important document in order to secure the sanction of a mortgage or loan from a bank. The title of property should be transferred to the buyers name when the seller receives the amount agreed by buyer. The transfer of title is the last step in the transaction. Seller has to register the property in buyers name in the local registrar office in which jurisdiction of the property belongs.

   Stamp Duty
Stamp duty rates are fixed for properties by the authorities. The rate may vary from state to state. The buyer has to ensure that seller has registered the property in buyers name on the rate levied for the property transferring.

   Registration
All the documents to be registered have to be accompanied by a prescribed registration fee as per the State/Region where its to be registered.  Since rules and regulations differ from state to state, please ensure that the correct Apartment Ownership Act is mentioned in the Agreement which correspond to that particular States laws.

Note:  Please seek independent legal and financial advice when signing a sales deed and ensure all copies of documents, including the sales deed, is properly read and understood.











DISCLAIMER:

FindLegalForms, Inc. (“FLF”) is not a law firm and does not provide legal advice.  The use of these materials is not a substitute for legal advice. Only a lawyer/advocate/solicitor/barrister can provide legal advice.  A lawyer/solicitor/barrister should be consulted for all serious legal matters.  No Lawyer-Client / Solicitor-Client /Advocate-Client relationship is created by use of these materials.  
THESE MATERIALS ARE PROVIDED “AS-IS.  FLF DOES NOT GIVE ANY EXPRESS OR IMPLIED WARRANTIES OF MERCHANTABILITY, SUITABILITY OR COMPLETENESS FOR ANY OF THE MATERIALS FOR YOUR PARTICULAR NEEDS.  THE MATERIALS ARE USED AT YOUR OWN RISK.  IN NO EVENT WILL:  I) FLF, ITS AGENTS, PARTNERS, OR AFFILIATES; OR II) THE PROVIDERS, AUTHORS OR PUBLISHERS OF ITS MATERIALS, BE RESPONSIBLE OR LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, EXEMPLARY, OR CONSEQUENTIAL DAMAGES (INCLUDING, BUT NOT LIMITED TO, PROCUREMENT OF SUBSTITUTE GOODS OR SERVICES; LOSS OF USE, DATE OR PROFITS; OR BUSINESS INTERRUPTION) HOWEVER USED AND ON ANY THEORY OF LIABILITY, WHETHER IN CONTRACT, STRICT LIABILITY, OR TORT (INCLUDING NEGLIGENCE OR OTHERWISE) ARISING IN ANY WAY OUT OF THE USE OF THESE MATERIALS. 

The use of these materials is subject to the “Terms and Conditions” found at findlegalforms.com.




Sale of an Apartment                        -



AGREEMENT FOR SALE OF AN APARTMENT

THIS AGREEMENT made at _____________ this _____________ day of _____________, 200_ between ____________, son of _____________ resident of _____________ hereinafter referred to as the Vendor of the ONE PART and ______________, son of __________________________ resident of     _____________ hereinafter referred to as the Purchaser of the OTHER PART.

WHEREAS the Vendor is absolutely seized and possessed of the land bearing Plot No. _____________ situated at _____________ and hereinafter referred to as the Land and more particularly described in the Exhibit A hereunder written;

AND WHEREAS the Vendor has completed the construction of the buildings and obtained completion and occupation certificates in respect of the buildings from the ____________Municipal Corporation;

AND WHEREAS the Vendor has agreed to sell one Apartment on the _____________ floor in the building No. _____________ being constructed and having the specifications mentioned in the Exhibit B hereunder written at a price of Rs _____________ (Rupees   _____________) subject to the terms and conditions hereinafter appearing;

AND WHEREAS the Purchaser has inspected the documents relating to the land, the order of the Competent Authority, site plans approved by the _____________ Municipal Corporation and is satisfied about the Vendor's title to the said property and the site plans of the proposed buildings;

AND WHEREAS the title of the Vendor to the said property has been certified to be clear, marketable and free from encumbrances by M/s. _____________ Solicitors and Advocates. _____________ and a copy of the said title certificate is hereto annexed at Exhibit C ;

AND WHEREAS the Vendor has agreed to sell and the Purchaser has agreed to purchase the Apartment No_____________ on the. _____________ floor in the building No. _____________  hereinafter referred to as the said Apartment on the following terms and conditions.

NOW THIS AGREEMENT WITNESSETH AND IT IS HEREBY AGREED BY AND BETWEEN THE PARTIES AS FOLLOWS:

1)  Property Details. 

The Vendor hereby agrees to sell and the Purchaser agrees to purchase the Apartment No. _____________.  on _____________ floor in the building No        _____________  of Carpet Area admeasuring _____________  sq. metres as delineated on the plan thereof hereto annexed as Exhibit A and thereon shown surrounded by green coloured boundary line.

2) Sale Price. 

The Purchaser agrees to pay a sum of Rs   _____________ (Rupees  _____________    ) toward the purchase of the Apartment (“Sale Price”). The Purchaser acknowledges that out of the Sale Price of Rs _____________ to be paid by him to the Vendor, a sum of Rs_____________ has been paid by the Purchaser to the Vendor on the execution of these presents (the payment and receipt the Vendor both hereby admit and acknowledge) and the balance will be paid by instalment in the following manner:


1.  Rs . _____________    on or before        _____________  
2   Rs . _____________    on or before        _____________  
3.  Rs . _____________    on or before        _____________  
4.  Rs . _____________    being the final balance on the delivery of
the Apartment by the Vendor to the Purchaser.

Parties agree that if the amounts payable under these presents are not paid within the time stipulated by the Purchaser, the Purchaser will be liable to pay interest at the rate of ___% per annum from the due date of payment to the date of payment.

3) Delivery; Possession. 

The Vendor shall deliver the possession of the Apartment to the Purchaser on or before _____   day of  _____, 200_.  The Purchaser shall take possession of the Apartment within one (1) week of  receipt of a notice of the Vendor to the Purchaser that the said Apartment is ready for use and occupation and that the Vendor has obtained the completion and occupation certificate from the _________ Municipal Corporation;

4) Compliance with Laws.

The Vendor agrees that he shall comply with the provisions of section 10 of the _________________ Ownership Flats (Regulation of the Promotion of Construction, Sale, Management and Transfer) Act, 1963 (hereinafter referred to as the _________________ Apartment Ownership Flats Act, 1963) and the ____________ Apartment Ownership Act, 1970 and shall execute a Declaration as provided by section 11 of the _________________ Apartment Ownership Act, 1970 and register it with the Registering Officer under Indian Registration Act and the Purchaser hereby agrees that he shall join and form an association of all the Apartments in the said building as contemplated by the _______________ Apartment Ownership Act.

5) Title.

The Vendor shall convey and assign all rights, title and interest in each Apartment to each Purchaser on receipt of all payments, price, and deposits payable by the Purchasers to the Vendor in respect of all Apartments/car parking spaces and other premises in the said building.

6) Stamp Duty.

The Purchaser shall also be liable to pay expenses on account of stamp duty and registration charges in respect of the Deed of Apartment.



7) Delay in Execution; Non-Compliance.

Either party shall be entitled to take action against the other party in the event that party delays in enforcing the Agreement and fails to comply with the terms herein. Such actions shall not be considered as a waiver on the part of the non compliant party.

8) Use.

The Purchaser shall not use the Apartment or any part thereof or permit the same to be used for any other purpose other than for the purpose of residence.

9) Purchaser Covenants.

The Purchaser hereby covenants that

A) He shall maintain the Apartment at his own cost in a good conditions, except normal wear and tear from the date of taking over possession of the Apartment and shall not do anything in or to the building in which the Apartment is situated, staircase or any passage which may be against the rules, regulations, or bye-laws of ___________________ Municipal Corporation or any other authority.

B) He shall not change/alter or make addition in or to the building in which the Apartment is situated and the Apartment itself or any part thereof.

C) He shall not demolish or destroy or cause to be demolished or destroyed the Apartment or any part thereof nor at any time make or cause to be made any addition or alteration of whatever nature in or to the Apartment or any part thereof.

D) He shall comply with and perform all rules and regulations which the Association of Apartment Owners may adopt at its inception in relation to occupation and use of the Apartment and the additions, alterations or amendments thereof that may be made from time to time for protection and maintenance of the said building and the Apartments therein.

E) He shall also regularly contribute and make timely payments towards the taxes, assessments, dues, duties and impositions, expenses or other outgoings in accordance with the terms of this Agreement.

F) He shall not sub-let, mortgage, create charge or assign the said Apartment, pending the transfer of Apartment, to him without the consent of the Vendor in writing, etc.
 

10) Vendor Covenants.

The Vendor hereby covenants that:

A) He shall ensure the peaceful possession of the Apartment by the Purchaser without any without any interference or obstruction by the Vendor on any person claiming under or in trust for the Vendor. This is subject to Vendor receiving all moneys and payments of sum mentioned herein and proper execution of all presents.

B) He shall maintain a separate account for all sums received by the Vendor from the Purchasers of the Apartments or sums received on account of the legal charges and execution of other documents required to be executed, and shall utilise the amounts only for the purposes for which they have been received and after transfer of the said property, the balance amounts shall be paid and transferred by the Vendors to the Purchasers.

C) He shall regularly pay all outgoings, including ground rent, taxes, assessments, dues, duties, impositions and outgoings up to the date of delivery of the possession to the Purchasers and transfer of the Apartment is complete.

11) General.

A) This Agreement shall be made and executed by the Vendor, and other persons having any right or interest in the said property.

B) If before the completion of transfer of the building, the building including the Apartment is notified by the Government under the Land Acquisition Act or any other law for the time being in force for acquisition or requisition, the Purchaser shall not be entitled to cancel this Agreement and in case of acquisition of the building including the said Apartment, the Purchaser shall be entitled to a proportionate part of the compensation if and when awarded by the Government or any other authority. If the said Apartment is requisitioned by the Government or any other authority, the Purchaser shall be entitled to the compensation awarded by the requisitioning authority in respect of the Apartment.

C) This Agreement shall not be construed as a grant, demise or assignment in law of the said Apartment or of the said land and building or any part thereof.

D) The Purchaser must execute a Deed of Declaration in the form as prescribed under law along with or prior to the execution of Deed of Apartment to the effect that he submits his Apartment to the provisions of the ____________ Apartment Ownership Act.

E) This Agreement and the said sale shall be subject to the provisions of _________ Apartment Ownership Act and rules made thereunder.

F) All notices to be served on the Purchaser as contemplated by this Agreement shall be deemed to have been duly served to the Purchaser by Registered Post A.D. at his address specified below:

___________________________________
___________________________________
___________________________________


G) This Agreement shall be executed in triplicate. The original copy shall be lodged for registration by the Purchaser and the Vendor shall admit execution before the Sub-Registrar and the Second and Third copy shall be retained by the Purchaser and Vendor respectively. The original copy of this Agreement will be received by the Purchaser from the Registrar as and when ready after registration.


12) Additional Terms

[Mention any Additional terms which have been agreed upon]


IN WITNESS WHEREOF the parties hereto have hereunto put their respective hands the day and year first hereinabove mentioned.


Signed and delivered by the within named Vendor : _________________________________

Signed and delivered by the within named Purchaser: ________________________________

WITNESSES:

1.  _____________________________

2.  _____________________________

Exhibit A
Land
Exhibit B
Building Plan and Marking for Apartment
Exhibit C
Title Certificate

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