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    Agreement Deed

    Uploaded by

    priya jha
    This document is a deed of agreement for the sale of a property located in Patna, Bihar between AB (the vendor) and EF (the purchaser). The key terms are: 1) The vendor agrees to sell and the purchaser agrees to buy the property for Rs. 1,00,000. The purchaser pays Rs. 5,000 as earnest money. 2) Completion of the sale must occur within 2 months. The purchaser will pay the remaining sale price before registration of the conveyance deed. 3) On completion, the vendor will deliver vacant possession and execute the conveyance deed. If the purchaser does not approve the vendor's title, the earnest money

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd

    Agreement Deed

    Uploaded by

    priya jha
    107 views2 pages
    This document is a deed of agreement for the sale of a property located in Patna, Bihar between AB (the vendor) and EF (the purchaser). The key terms are: 1) The vendor agrees to sell and the purchaser agrees to buy the property for Rs. 1,00,000. The purchaser pays Rs. 5,000 as earnest money. 2) Completion of the sale must occur within 2 months. The purchaser will pay the remaining sale price before registration of the conveyance deed. 3) On completion, the vendor will deliver vacant possession and execute the conveyance deed. If the purchaser does not approve the vendor's title, the earnest money

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    This document is a deed of agreement for the sale of a property located in Patna, Bihar between AB (the vendor) and EF (the purchaser). The key terms are: 1) The vendor agrees to sell and the purchaser agrees to buy the property for Rs. 1,00,000. The purchaser pays Rs. 5,000 as earnest money. 2) Completion of the sale must occur within 2 months. The purchaser will pay the remaining sale price before registration of the conveyance deed. 3) On completion, the vendor will deliver vacant possession and execute the conveyance deed. If the purchaser does not approve the vendor's title, the earnest money

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    107 views2 pages

    Agreement Deed

    Uploaded by

    priya jha
    This document is a deed of agreement for the sale of a property located in Patna, Bihar between AB (the vendor) and EF (the purchaser). The key terms are: 1) The vendor agrees to sell and the purchaser agrees to buy the property for Rs. 1,00,000. The purchaser pays Rs. 5,000 as earnest money. 2) Completion of the sale must occur within 2 months. The purchaser will pay the remaining sale price before registration of the conveyance deed. 3) On completion, the vendor will deliver vacant possession and execute the conveyance deed. If the purchaser does not approve the vendor's title, the earnest money

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    © All Rights Reserved
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    Deed Agreement to sale

    THIS DEED OF AGREEMENT TO SALE EXECUTED ON THIS SECOND DAY OF MAY


    TWO THOUSAND EIGHTEEN (02.05.2018) AT PATNA

    Between

    AB, S/o. CD, aged about 60, Hindu by religion, Indian by nationality, Business by profession
    present and permanent resident of CNLU Campus, Nyaya Nagar, Mithapur, Patna-800001, Bihar
    herein after called the vendor (First Party)

    And

    EF, S/o. QR aged about 55, Hindu by religion, Indian by nationality, Business by profession
    present and permanent resident of ABC Street, near Mithapur Bus stand, Patna-800001, Bihar
    herein after called the purchaser (second Party)

    WHEREAS the first party(vendor) is the absolute owner of the property more fully set out in the
    schedule hereunder and
    WHEREAS it is agreed that the first party shall sell and the second party shall purchase the said
    property for a sum of Rs. 1,00.000 (Rupees One Lakh) only free of all encumbrances.

    NOW THIS AGREEMENT OF SALE WITNESSES AS UNDER:

    1. The purchaser has paid to the vendor on this day a sum of Rs. 5000 (Rupees five
    thousand) only by way of earnest money for the due performance of the agreement, the
    receipt whereof the vendor do hereby admit and acknowledge.

    2. The time for performance of the agreement shall be within 2 months from the date hereof
    and it is agreed that the time agreed herein for performance shall be of the essence of this
    agreement.

    3. The purchaser shall pay to the vendor the sale price of Rs. 1,00,000 (Rupees One Lakh)
    before the registration of the conveyance deed.

    4. The vendor agrees that he will deliver the vacant possession of the property to the
    purchaser on the day of registration of the conveyance deed.

    5. The vendor hereby agreed to execute the conveyance deed in favour of the purchaser or
    his nominee as purchaser may if directs in that regard.

    6. The vendor agreed to hand over all the title deeds of the property to the purchaser within
    ten day from the date of this agreement for verification of title. The purchaser hereby
    agreed to intimate the vendor about the approval of title within 7 days after delivering the
    title deed to him.
    7. If the vendor’s title to the property is not approved by the purchaser, the vendor hereby
    agreed to refund the earnest money received by him under the agreement and on failure
    of the vendor to refund the same within 7 days, he shall be liable to repay the same with
    interest thereon @ 10% per annum.

    8. If the purchaser commits a breach of the agreement, he shall forfeit the earnest money of
    Rs.5000 (Rupees Five Thousand) paid by him to the vendor.

    9. If the vendor commits a breach of the agreement, the vendor shall not only refund to the
    purchaser the sum of Rs.5000 (Rupees Five Thousand) received by him as earnest
    money, but shall also pay to the purchaser an equal sum by way of liquidated damages.

    10. Nothing contained in paras 8 and 9 above shall prejudice the rights of the parties hereto
    for this specific performance of this agreement of sale/purchase.

    Schedule of the property


    House No. B-123/6 situated near Mithapur Bus stand behind CNLU campus and surrounded on
    its
    North : Public Road/Passage
    West : Police Headquarters
    East : Scheduled property of the vendor
    Sourth: vacant land of IJK

    THE VENDOR AND PURCHASER HAVE SET THEIR RESPECTIVE HANDS TO THE
    AGREEMENT on this day written above and in the presence of following witnesses

    Witnesses
    1. Name
    Address
    Signature vendor

    2. Name
    Address
    Signature purchaser

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