The Agreement for Sale Without Possession is a specialized contract used in Indian property transactions where unique circumstances necessitate the separation of ownership transfer from physical possession. This arrangement is commonly used in situations where sellers need to liquidate their property assets while maintaining occupancy, such as sale-leaseback arrangements or family property transfers. The document must comply with Indian legal requirements, including the Transfer of Property Act, 1882, Registration Act, 1908, and state-specific property laws. It typically includes comprehensive terms covering the sale price, payment terms, possession conditions, maintenance responsibilities, and eventual title transfer. This type of agreement requires careful drafting to protect both parties' interests, particularly regarding the unusual possession arrangement, and must address potential complications that might arise from the separation of ownership and possession.

1. Parties: Identification and details of the seller and purchaser, including their complete addresses and legal capacity

2. Background: Context of the transaction, brief description of the property, and intention to sell while retaining possession

3. Definitions: Definitions of key terms used throughout the agreement, including 'Property', 'Completion Date', 'Purchase Price', etc.

4. Sale Agreement: Core terms establishing the seller's agreement to sell and the buyer's agreement to purchase the property

5. Purchase Price: Detailed terms of the purchase price, payment schedule, and payment mechanisms

6. Possession Terms: Specific provisions regarding the seller's continued possession, including duration, conditions, and responsibilities

7. Seller's Representations and Warranties: Seller's declarations regarding property title, encumbrances, and legal authority to sell

8. Property Maintenance: Obligations regarding property maintenance during the possession period

9. Transfer of Title: Terms regarding the transfer of legal title while maintaining physical possession

10. Registration and Expenses: Provisions for registration of the sale deed and allocation of associated expenses

11. Governing Law and Jurisdiction: Specification of applicable law and courts having jurisdiction

12. Notices: Process and addresses for serving notices between parties

13. Execution: Signature blocks and execution formalities