SALE DEED

Rohit Gupta (Querist) 17 November 2009 This query is : Resolved
I have a client who has a flat which he needs to sell and the building has undergone redevelopment which is now complete.
But the possession has not been taken. so the query is whether the sale deed should be the normal one or for such a case there is some other sale deed.

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adv. rajeev ( rajoo ) (Expert) 17 November 2009
ADVISE ur client to exeucte the agreement of sale and the recital in the AOS should be like this. " After taking the possession of the flat regd., sale deed would be executed by taking the balance amount of sale consideration"

n.k.sarin (Expert) 17 November 2009
Agreed with Mr Vadrali.

Rohit Gupta (Querist) 18 November 2009
where does the balance amount come in to picture...there has been no payment yet...i dint get a clear picture of the answer...my query is that when you sell a flat without takin the possession does the agreement to sell change of does it have more or less the same format....

Arul Kumar (Expert) 19 November 2009
In a normal Sale Agreement you can include a clause stating the facts of possession and redevelopment.

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