Agreement to Sell: Rights of Buyers & Sellers in Property Sales

Overview:

An Agreement to Sell is a legally binding contract that outlines the terms and conditions of a property transaction. This agreement protects both buyers and sellers by defining payment terms, obligations, and dispute resolution methods.

Key Elements:

Stamp Duty & Registration: Ensures compliance with property laws.

Advance Payment Terms: Clarifies the down payment and remaining amount.

Legal Obligations: Specifies property handover conditions.

Dispute Resolution: Includes arbitration or legal procedures in case of conflicts.

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