SALE AGREEMENT
Understanding Sale Agreements in Property Transactions
By NYAY SARTHI INDIA FILINGS
Nature of Sale Agreement:
Legally binding preliminary contract between buyer & seller
Establishes mutual commitment for future property transfer
Forms foundation for subsequent transaction stages
Key Commitments:
✓ Seller’s Obligation:
• Agrees to sell property at predetermined terms
• Maintains property condition until final sale
✓ Buyer’s Obligation:
• Commits to purchase under agreed conditions
• Typically provides earnest money deposit
Transaction Significance:
• Outlines payment terms, timelines, and conditions
• Serves as legal safeguard for both parties
• Precedes final sale deed execution
NYAY SARTHI INDIA FILINGS ensures:
✔ Precise agreement drafting
✔ Compliance with property laws
✔ Protection of client interests
Features of Sale Agreement
Essentials of a Property Sale Agreement
By NYAY SARTHI INDIA FILINGS
Legal Nature & Purpose:
✓ Binding contract ensuring future property transfer
✓ Framework governing ownership transition terms
✓ Conditional buyer’s right to purchase
Key Features:
• Pre-Sale Document: Executed before final sale deed
• Execution Requirements:
Signed by both parties
On non-judicial stamp paper of appropriate value
Functional Value:
Specifies payment terms & timelines
Outlines property handover conditions
Serves as title evidence during interim period
NYAY SARTHI INDIA FILINGS provides:
✔ Customized agreement drafting
✔ Stamp duty compliance verification
✔ End-to-end transaction support