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1. Parties: Details of all parties to the agreement, including their legal names, addresses, and registration details if applicable
2. Background: Recitals describing the original agreement, property details, and circumstances leading to termination
3. Definitions: Definitions of key terms used throughout the agreement
4. Termination: Clear statement of termination of the original agreement and its effective date
5. Settlement Terms: Details of any financial settlements, refunds, or compensation between parties
6. Mutual Release: Comprehensive mutual release of claims related to the original agreement
7. Return of Property and Documents: Provisions for returning any property, keys, documents, or other materials
8. Confidentiality: Obligations regarding confidentiality of the agreement and original transaction
9. Governing Law and Jurisdiction: Specification of Indian law as governing law and relevant jurisdiction
10. Representations and Warranties: Statements confirming parties' authority and capacity to enter into the termination agreement
1. Surviving Obligations: Used when certain obligations from the original agreement need to survive termination
2. Tax Implications: Include when there are specific tax consequences that need to be addressed
3. Third Party Rights: Required when third party interests or rights need to be addressed
4. Non-Disparagement: Optional clause preventing parties from making negative statements about each other
5. Dispute Resolution: Include detailed arbitration or mediation procedures if parties want alternative dispute resolution
6. Force Majeure: Include if termination is related to force majeure events
7. Insurance: Include when there are ongoing insurance obligations or claims to be addressed
1. Schedule 1 - Property Details: Detailed description of the property including boundaries, registration details, and encumbrances
2. Schedule 2 - Original Agreement: Copy or details of the original agreement being terminated
3. Schedule 3 - Settlement Calculations: Detailed breakdown of any financial settlements, refunds, or adjustments
4. Schedule 4 - Outstanding Obligations: List of any pending obligations and their resolution
5. Schedule 5 - Handover Checklist: List of items, documents, and materials to be returned or transferred
6. Appendix A - Power of Attorney: If applicable, power of attorney documents authorizing signatories
7. Appendix B - Property Documents: Copies of relevant property documents, certificates, and permits
Original Agreement
Effective Date
Termination Date
Property
Premises
Parties
Owner
Developer
Buyer
Settlement Amount
Release
Claims
Encumbrances
Liabilities
Outstanding Obligations
Confidential Information
Business Day
Force Majeure
Governing Law
Interest
Material Breach
Permitted Use
Property Documents
Registration Authority
Regulatory Authority
RERA
Settlement Date
Stamp Duty
Title Documents
Transaction Documents
Warranties
Compensation
Consideration
Dispute
Handover
Refund
Representatives
Surviving Provisions
Definitions
Termination
Mutual Release
Settlement
Property Transfer
Handover
Confidentiality
Non-Disparagement
Representations and Warranties
Indemnification
Governing Law
Dispute Resolution
Force Majeure
Notices
Assignment
Severability
Entire Agreement
Amendment
Waiver
Costs and Expenses
Further Assurance
Counterparts
Third Party Rights
Compliance
Surviving Obligations
Registration
Stamp Duty
Authority
Good Faith
Real Estate
Property Development
Construction
Property Management
Real Estate Investment
Banking and Finance
Legal Services
Property Technology
Facilities Management
Urban Development
Legal
Real Estate Operations
Compliance
Risk Management
Property Management
Business Development
Contracts Administration
Corporate Secretarial
Investment
Operations
Real Estate Manager
Property Developer
Legal Counsel
Real Estate Attorney
Property Manager
Compliance Officer
Real Estate Agent
Business Development Manager
Contract Manager
Real Estate Investment Manager
Property Administrator
Risk Manager
Company Secretary
Operations Director
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