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1. Parties: Details of the seller(s) and purchaser(s) including names, addresses, and legal capacity
2. Background: Context of the transaction, brief history of property ownership, 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 location, boundaries, and measurements
5. Title and Ownership: Seller's declarations regarding clear title, ownership rights, and absence of encumbrances
6. Consideration: Purchase price, payment terms, and method of payment
7. Mode of Payment: Detailed breakdown of payment schedule and payment mechanisms
8. Possession: Terms and conditions for handing over property possession
9. Representations and Warranties: Declarations and guarantees by both parties, especially seller's warranties about the property
10. Seller's Covenants: Obligations and commitments of the seller
11. Purchaser's Covenants: Obligations and commitments of the purchaser
12. Completion: Process and requirements for completing the sale transaction
13. Expenses: Distribution of costs related to the transaction including stamp duty and registration fees
14. Notices: Method and addresses for serving notices between parties
15. Governing Law: Specification of applicable laws and jurisdiction
16. Dispute Resolution: Mechanism for resolving disputes between parties
1. Development Status: Include when property is under development or has pending construction approvals
2. Environmental Matters: Include when property has environmental considerations or clearances
3. Third Party Rights: Include when there are existing tenants or other third-party interests
4. Foreign Exchange Compliance: Include when any party is a foreign national or NRI
5. Power of Attorney: Include when any party is acting through an authorized representative
6. Agricultural Land Conversion: Include when property involves agricultural land being converted for non-agricultural use
7. Conditions Precedent: Include when completion is subject to fulfillment of specific conditions
8. Force Majeure: Include when parties want to address unforeseen circumstances affecting completion
9. Assignment Rights: Include when transfer of rights under the agreement needs to be addressed
1. Schedule 1 - Property Description: Detailed description of property including boundaries, measurements, and survey numbers
2. Schedule 2 - Title Documents: List of all title documents and chain of title
3. Schedule 3 - Payment Schedule: Detailed breakdown of payment installments and dates
4. Schedule 4 - Encumbrances: List of existing charges, liens, or encumbrances if any
5. Schedule 5 - Completion Requirements: List of documents to be provided at completion
6. Appendix A - Property Plans: Site plans, layout plans, and approved drawings
7. Appendix B - Property Tax Receipts: Copies of latest property tax payments and assessments
8. Appendix C - Permissions: Copies of relevant permits, approvals, and NOCs
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