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1. Parties: Identification and details of the seller and purchaser, including names, addresses, and legal capacity to contract
2. Background: Context of the transaction, including brief property history and intention to sell/purchase
3. Definitions: Definitions of key terms used throughout the agreement
4. Property Details: Comprehensive description of the property being sold, including its location, boundaries, and registration details
5. Consideration: Full payment amount and payment terms
6. Transfer of Title: Terms regarding the transfer of property ownership from seller to purchaser
7. Seller's Representations and Warranties: Seller's declarations regarding property ownership, encumbrances, and legal status
8. Purchaser's Representations and Warranties: Purchaser's declarations regarding financial capacity and compliance with laws
9. Completion: Details of the completion process, including timing and documentation requirements
10. Registration and Stamp Duty: Obligations regarding registration of the sale deed and payment of stamp duty
11. Possession: Terms for handling over physical possession of the property
12. Expenses: Allocation of costs related to the transaction
13. Notices: Process for sending formal communications between parties
14. Governing Law and Jurisdiction: Applicable law and courts having jurisdiction
15. Execution: Signature blocks and execution formalities
1. Power of Attorney: Required when either party is acting through an authorized representative
2. Society Approval: Needed for properties in cooperative housing societies
3. Third Party Rights: Included when there are existing tenants or other third-party interests
4. Tax Indemnity: Additional tax-related protections for either party
5. Force Majeure: Provisions for unforeseen circumstances affecting completion
6. Property Condition: Detailed terms about the current condition and any repairs needed
7. Utilities and Outgoings: Handling of pending utility bills and property taxes
8. Surviving Provisions: Clauses that continue after completion of the sale
1. Property Description Schedule: Detailed description of the property including exact measurements, boundaries, and fixtures
2. Title Documents Schedule: List of all title documents and their chronology
3. Payment Schedule: Breakdown of payment terms, installments, and payment methods
4. Encumbrances Schedule: List of existing encumbrances, if any
5. Outstanding Liabilities Schedule: Details of pending dues, taxes, or charges
6. Inventory Schedule: List of fixtures and fittings included in the sale
7. Completion Requirements Schedule: Checklist of documents required for completion
Real Estate
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Banking and Finance
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Property Development
Housing
Commercial Property
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Agricultural Property
Hospitality
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Real Estate
Compliance
Property Management
Acquisition
Documentation
Corporate Affairs
Finance
Risk Management
Asset Management
Real Estate Lawyer
Property Manager
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Real Estate Transaction Manager
Title Officer
Property Acquisition Manager
Corporate Real Estate Manager
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Real Estate Portfolio Manager
Property Valuation Expert
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