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Sale Deed Terms - agreement for selling my flat
2 years ago
I am getting into an agreement for selling my flat to a buyer for X amount. 40% of it is already given to us upfront and rest 60% the buyer is taking as loan
The bank has issued an ordered cheque and we have received a photocopy of the same , however the registation needs to be done before and in the agreement it says that the entire amount is fully paid and acknowledged and we discharge the buyer of any liability towards us who is the seller
Is this okay ? As original DD is yet to be received and amount is yet to reflect in our bank
A.Dear Client,
Yes, to constitute a valid sale, the critical elements in a sale deed are: (a) The property, being the subject matter of the transaction/conveyance. (b) The seller, being the earlier owner, transferring the property. (c) The buyer, being the person who acquires the title from the seller.
Thank You
Yes, to constitute a valid sale, the critical elements in a sale deed are: (a) The property, being the subject matter of the transaction/conveyance. (b) The seller, being the earlier owner, transferring the property. (c) The buyer, being the person who acquires the title from the seller.
Thank You
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