The Offer To Purchase And Contract is a fundamental document in Indian property transactions that serves dual purposes: it presents a formal offer to purchase property and, upon acceptance, becomes the binding contract governing the transaction. This document is essential when any party (individual or corporate) intends to purchase real estate in India, whether for residential, commercial, or industrial purposes. It must comply with various Indian legislations including the Indian Contract Act 1872, Transfer of Property Act 1882, and state-specific property laws. The document typically includes comprehensive details about the property, purchase price, payment terms, conditions precedent, due diligence requirements, and closing procedures. It provides legal protection to both parties by clearly defining their rights, obligations, and remedies while ensuring the transaction meets all regulatory requirements for property transfer in India.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
Upload your Doc
1. Parties: Identification and details of the seller(s) and purchaser(s), including their legal names, addresses, and contact information
2. Background: Brief context of the transaction and property ownership status
3. Definitions: Key terms used throughout the agreement defined for clarity and legal certainty
4. Property Description: Detailed description of the property including address, boundaries, registration details, and survey numbers
5. Purchase Price: Total consideration amount, payment structure, and payment methods
6. Earnest Money: Details of the earnest money deposit, including amount, payment terms, and conditions for refund or forfeiture
7. Due Diligence Period: Timeframe and conditions for buyer's investigation of property title, encumbrances, and physical condition
8. Closing Terms: Conditions and timeline for completing the transaction, including documentation requirements
9. Seller's Representations: Warranties and representations regarding property title, encumbrances, and condition
10. Buyer's Representations: Warranties and representations regarding financial capability and compliance with laws
11. Default and Remedies: Consequences of default by either party and available remedies
12. Notices: Method and addresses for formal communications between parties
13. Governing Law: Specification of Indian law and relevant state jurisdiction
14. Execution: Signature blocks and witness requirements
1. Financing Contingency: Conditions related to buyer's ability to secure financing, used when purchase depends on mortgage approval
2. Property Inspection: Specific terms for physical inspection, used for existing properties rather than new constructions
3. Sale of Existing Property: Contingency based on buyer's need to sell existing property, included when buyer requires such condition
4. Tenant Rights: Details about existing tenancy and obligations, included when property is currently leased
5. Construction Specifications: Details about pending construction or modifications, used for under-construction properties
6. GST Provisions: Special clauses for GST applicability, included for commercial properties or new constructions
7. Foreign Exchange Compliance: Special provisions for foreign buyers, included when buyer is NRI/PIO
8. Environmental Compliance: Special provisions for environmental clearances, included for industrial or large commercial properties
1. Schedule A - Property Details: Comprehensive property description including exact measurements, boundaries, and included fixtures/fittings
2. Schedule B - Payment Schedule: Detailed breakdown of payment installments and timelines
3. Schedule C - Title Documents: List of title documents and chain of title
4. Schedule D - Encumbrances: List of existing encumbrances, liens, or mortgages
5. Schedule E - Property Inspection Report: Findings from property inspection and agreed repairs/modifications
6. Appendix 1 - Property Plans: Architectural plans, site maps, and approved drawings
7. Appendix 2 - Permits and Approvals: Copies of relevant governmental permits and approvals
8. Appendix 3 - Title Search Report: Detailed report on title search and property ownership history
Relevant legal definitions
Agreement
Property
Purchase Price
Earnest Money
Closing
Closing Date
Due Diligence Period
Deed
Encumbrances
Force Majeure
Business Day
Completion
Default
Seller
Purchaser
Parties
Title Documents
Permitted Encumbrances
Property Documents
Consideration
Sub-Registrar
Transfer Deed
Possession
Registration
Stamp Duty
Material Adverse Change
Representations and Warranties
Effective Date
Execution Date
Applicable Laws
Governmental Authority
Sanctioned Plan
Title Search Report
Fixtures and Fittings
Common Areas
Assessment
Property Tax
Municipal Authority
Outstanding Dues
Occupancy Certificate
Property
Purchase Price
Earnest Money
Closing
Closing Date
Due Diligence Period
Deed
Encumbrances
Force Majeure
Business Day
Completion
Default
Seller
Purchaser
Parties
Title Documents
Permitted Encumbrances
Property Documents
Consideration
Sub-Registrar
Transfer Deed
Possession
Registration
Stamp Duty
Material Adverse Change
Representations and Warranties
Effective Date
Execution Date
Applicable Laws
Governmental Authority
Sanctioned Plan
Title Search Report
Fixtures and Fittings
Common Areas
Assessment
Property Tax
Municipal Authority
Outstanding Dues
Occupancy Certificate
Clauses
Property Description
Purchase Price
Payment Terms
Earnest Money Deposit
Due Diligence
Title and Ownership
Representations and Warranties
Conditions Precedent
Closing Conditions
Transfer of Possession
Registration and Stamp Duty
Default and Remedies
Force Majeure
Indemnification
Notices
Assignment
Survival
Severability
Entire Agreement
Amendment
Governing Law
Dispute Resolution
Time of Essence
Property Inspection
Insurance
Compliance with Laws
Taxes and Expenses
Further Assurances
Encumbrances
Title Insurance
Environmental Compliance
Right of Entry
Risk of Loss
Merger
Counterparts
Confidentiality
Purchase Price
Payment Terms
Earnest Money Deposit
Due Diligence
Title and Ownership
Representations and Warranties
Conditions Precedent
Closing Conditions
Transfer of Possession
Registration and Stamp Duty
Default and Remedies
Force Majeure
Indemnification
Notices
Assignment
Survival
Severability
Entire Agreement
Amendment
Governing Law
Dispute Resolution
Time of Essence
Property Inspection
Insurance
Compliance with Laws
Taxes and Expenses
Further Assurances
Encumbrances
Title Insurance
Environmental Compliance
Right of Entry
Risk of Loss
Merger
Counterparts
Confidentiality
Relevant Industries
Real Estate
Construction
Property Development
Banking and Finance
Commercial Property
Residential Property
Industrial Property
Hospitality
Retail
Agriculture (for agricultural land)
Infrastructure Development
Special Economic Zones
Relevant Teams
Legal
Real Estate
Compliance
Finance
Business Development
Property Management
Corporate Affairs
Investment
Risk Management
Operations
Documentation
Due Diligence
Relevant Roles
Real Estate Lawyer
Property Manager
Real Estate Agent
Corporate Lawyer
Legal Counsel
Compliance Officer
Real Estate Developer
Property Acquisition Manager
Business Development Manager
Financial Controller
Chief Legal Officer
Company Secretary
Real Estate Portfolio Manager
Asset Manager
Investment Manager
Property Valuation Expert
Find the exact document you need
Contract For Sale Of Immovable Property
An Indian law-governed agreement for the transfer of immovable property from seller to purchaser, outlining sale terms and conditions.
find out more
Buyer Agreement
An Indian law-governed agreement establishing terms and conditions for purchase of goods or services, detailing buyer and seller obligations.
find out more
Sellers Agreement (Real Estate)
An Indian law-compliant agreement documenting terms and conditions for the sale of real estate property between seller and buyer.
find out more
Owner Contract (Real Estate)
An Indian law-governed contract documenting real estate ownership transfer, detailing property specifics, payment terms, and parties' obligations.
find out more
License Agreement (Real Estate)
An Indian law-governed agreement granting temporary rights to use real estate property without creating tenancy rights.
find out more
Lease Purchase Agreement Property
An Indian law-compliant agreement combining property lease terms with a future purchase option, subject to Transfer of Property Act and state regulations.
find out more
Joint Venture Agreement (Real Estate)
An Indian law-governed agreement establishing a joint venture between parties for real estate development or investment, incorporating RERA compliance and local regulatory requirements.
find out more
Joint Development Agreement (Real Estate)
An Indian law-governed agreement between landowner and developer for joint real estate development, detailing rights, responsibilities, and profit-sharing arrangements.
find out more
Equity Sharing Agreement (Real Estate)
A legally binding agreement for real estate co-ownership and equity sharing in India, outlining ownership rights, financial terms, and management responsibilities.
find out more
Corporate Lease For Residential Property
A legally-compliant corporate residential lease agreement for use in India, governing the rental of residential property by companies for employee housing.
find out more
Option To Purchase Real Estate Agreement
An Indian law-governed agreement granting a potential buyer the right to purchase specific real estate at a preset price within a defined period.
find out more
Commercial Real Estate Agreement
An Indian law-governed agreement establishing terms and conditions for commercial property transactions, including lease, sale, or transfer of commercial real estate.
find out more
Real Estate Offer And Acceptance Contract
An Indian law-compliant contract documenting property sale terms between buyer and seller, including purchase price, conditions, and closing requirements.
find out more
Contract To Sell Land
An Indian law-governed agreement establishing terms for the future transfer of land from seller to purchaser, subject to specified conditions and legal requirements.
find out more
Land Development Agreement
An Indian law-governed agreement between property owner(s) and developer(s) establishing terms for land development, including rights, obligations, and project specifications.
find out more
One To Four Family Residential Contract
An Indian law-compliant contract for the purchase and sale of residential properties containing one to four family units, incorporating all essential elements required under Indian property legislation.
find out more
Commercial Real Estate Contract
An Indian law-governed agreement for commercial real estate transactions, detailing property transfer terms and compliance requirements.
find out more
Residential Real Estate Lease
Indian residential lease agreement template compliant with national and state-specific rental laws, establishing terms for residential property rental.
find out more
Residential Real Estate Contract
An Indian law-governed agreement for the sale and purchase of residential property, detailing property transfer terms and parties' obligations.
find out more
Property Buyout Agreement
An Indian law-governed agreement facilitating the complete purchase and transfer of property ownership, outlining terms, conditions, and compliance requirements for property sale transactions.
find out more
Personal Property Purchase Agreement
An Indian law-governed agreement that documents the sale and transfer of personal property between parties, including terms, conditions, and obligations of the transaction.
find out more
Lease For Residential Property
An Indian law-compliant agreement establishing terms and conditions for residential property rental between landlord and tenant.
find out more
Joint Ownership Of Property Agreement
An Indian law-compliant agreement establishing rights and responsibilities between multiple property co-owners, governing shared ownership and management of real estate assets.
find out more
Generic Real Estate Contract
Standard real estate contract template for property transactions in India, compliant with Indian property laws and regulations.
find out more
Commercial Contract Unimproved Property
Template for commercial transactions of unimproved property in India, ensuring compliance with Indian property and contract law.
find out more
Simple Property Lease Agreement
A standardized property lease agreement compliant with Indian law, establishing terms and conditions for property rental between lessor and lessee.
find out more
New Construction Purchase And Sale Agreement
An Indian law-compliant agreement for the sale and purchase of newly constructed property, incorporating RERA requirements and construction specifications.
find out more
Home Contract Agreement
An Indian legal document establishing terms and conditions for residential property occupation, rental, or purchase, governed by national property laws and state-specific regulations.
find out more
New Home Purchase Agreement
An Indian law-governed agreement for the purchase of new residential property from a developer, detailing sale terms and ensuring RERA compliance.
find out more
Real Estate Contract Agreement
An Indian law-governed agreement for the sale and purchase of real estate property, outlining terms, conditions, and obligations of all parties involved.
find out more
Offer To Purchase And Contract
A legally binding agreement under Indian law that combines a property purchase offer with contract terms, ensuring compliance with national and state property legislation.
find out more
Joint Sale Agreement Property
An Indian law-compliant agreement facilitating the sale of jointly-owned property to a purchaser, outlining terms, conditions, and ownership transfer details.
find out more
Real Estate Purchase Agreement With Seller Financing
An Indian law-governed agreement for real estate purchase where the seller provides financing to the buyer, combining property sale and financing terms in compliance with Indian legislation.
find out more
Basic Real Estate Contract
A standard real estate purchase agreement compliant with Indian property laws, establishing terms for property transfer between parties.
find out more
Unimproved Property Contract
An Indian law-governed agreement for the sale and purchase of unimproved property, ensuring compliant transfer of undeveloped land ownership.
find out more
Real Estate Profit Sharing Agreement
An Indian law-governed agreement establishing profit-sharing arrangements between parties in real estate ventures, detailing investment terms, profit distribution, and management rights.
find out more
Real Estate Buyers Contract
An Indian law-compliant agreement for real estate property purchase and sale, incorporating RERA requirements and essential transaction terms.
find out more
Assignment Of Land Contract
An Indian law-compliant contract for transferring land ownership rights from one party to another, requiring official registration and stamp duty payment.
find out more
Commercial Property Sale Agreement
An Indian law-governed agreement for the sale and purchase of commercial property, detailing terms, conditions, and compliance requirements for property transfer.
find out more
Buy Sell Agreement Between Co Owners Of Real Property
An Indian law-compliant agreement governing the terms and conditions of property co-ownership, including transfer and sale provisions between joint owners.
find out more
Genie’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; Genie’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)
.png)