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1. Parties: Identifies and provides full details of the seller and purchaser, including names, addresses, and legal capacity
2. Background: Establishes the context of the sale, including seller's ownership and intention to sell
3. Definitions: Defines key terms used throughout the agreement for clarity and legal certainty
4. Property Details: Specific description of the property being sold, including location, boundaries, and measurements
5. Sale Consideration: States the agreed purchase price and payment terms
6. Payment Structure: Details the method and schedule of payments, including any earnest money deposit
7. Completion: Specifies the process and timeline for completing the sale transaction
8. Seller's Representations and Warranties: Declarations regarding property title, encumbrances, and legal status
9. Purchaser's Representations and Warranties: Declarations regarding capacity to purchase and compliance with applicable laws
10. Title Documents: Lists the documents evidencing title to be handed over upon completion
11. Registration and Expenses: Specifies responsibilities for registration costs, stamp duty, and other expenses
12. Possession: Details when and how possession will be handed over
13. Governing Law and Jurisdiction: Specifies that Indian law governs the agreement and identifies the courts having jurisdiction
14. Notices: Specifies how formal communications between parties should be made
15. Execution: Space for signatures and witness details
1. Conditions Precedent: Used when certain conditions must be met before completion, such as obtaining regulatory approvals
2. Agricultural Land Provisions: Required when the property is agricultural land, addressing specific regulatory requirements
3. Power of Attorney: Included when either party is acting through an authorized representative
4. Existing Tenancy: Required when the property is subject to existing tenancy arrangements
5. Property Tax Arrangements: Details sharing of property tax liability when sale occurs mid-financial year
6. Foreign Exchange Compliance: Required when either party is an NRI/Foreign National
7. Force Majeure: Included to address unforeseen circumstances preventing completion
8. Indemnification: Added when specific indemnities are required beyond standard warranties
1. Schedule 1 - Property Description: Detailed property description including exact measurements, boundaries, and features
2. Schedule 2 - Title Documents: List of all title documents and their copies
3. Schedule 3 - Payment Schedule: Detailed breakdown of payment installments and timelines
4. Schedule 4 - Encumbrances: List of existing encumbrances, if any, affecting the property
5. Schedule 5 - Property Tax Records: Details of up-to-date property tax payments and pending dues
6. Appendix A - Property Plans: Approved site plans, building plans, and location maps
7. Appendix B - Chain of Title: Historical ownership documents showing clear chain of title
8. Appendix C - Regulatory Approvals: Copies of relevant permissions and approvals from authorities
Property
Sale Consideration
Completion Date
Completion
Earnest Money
Balance Consideration
Title Deeds
Encumbrances
Schedule
Business Day
Bank
Parties
Seller
Purchaser
Possession
Registration
Stamp Duty
Permitted Encumbrances
Effective Date
Government Authority
Applicable Laws
Land Records
Property Tax
Force Majeure Event
Material Adverse Effect
Representation and Warranties
Transfer
Completion Payment
Due Diligence
Notice
Sub-Registrar
Revenue Records
Mutation
Recitals
Definitions
Sale and Purchase
Consideration
Payment Terms
Property Description
Title and Ownership
Representations and Warranties
Covenants
Due Diligence
Conditions Precedent
Completion Obligations
Registration and Stamp Duty
Possession
Property Tax
Encumbrances
Indemnification
Force Majeure
Assignment
Notices
Governing Law
Dispute Resolution
Severability
Amendment
Entire Agreement
Counterparts
Witness
Real Estate
Construction
Agriculture
Industrial Development
Commercial Property
Residential Property
Banking and Finance
Legal Services
Property Development
Urban Planning
Legal
Real Estate
Property Management
Compliance
Risk Management
Business Development
Corporate Affairs
Documentation
Asset Management
Facilities Management
Real Estate Manager
Property Lawyer
Legal Counsel
Property Developer
Land Acquisition Manager
Compliance Officer
Real Estate Agent
Property Consultant
Business Development Manager
Legal Documentation Specialist
Project Manager
Corporate Counsel
Property Rights Officer
Transaction Manager
Risk Assessment Officer
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