Agreement to sell
Rohit
(Querist) 06 April 2016
This query is : Resolved
Dear All,
greetings!
i am purchasing a house which is a leasehold property for which we have already entered into agreement to sell and given an amount(ie Bayana).
now for giving part payment of the actual final amount, i am thinking of entering into another agreement to sell with the same terms and conditions referring to the earlier agreement which interalia will cover the money we are giving as part payment. Full and final money will be given in the form of DD at teh time of registration of final documents
query is --if i enter into another agreement to sell, will that be valid and the earlier one will also remain valid, please advise
Devajyoti Barman
(Expert) 07 April 2016
On the basis of same property there is no requirement to enter into 2 sale agreement.
It is to be done only if you wish to change any of the terms and conditions of the first sale agreement in which event the subsequent agreement will be treated as ' supplementary agreement.
Rajendra K Goyal
(Expert) 07 April 2016
You can get a receipt of the amount paid as part payment in reference to old agreement.
Kumar Doab
(Expert) 07 April 2016
Supplementary agreement if required and receipt of payment can be the choice.
