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Rajib Brahma (Asstt Manager (Civil))     25 July 2011

Execution of agreement on land purchase

What is the procedure of execution of an agreement between buyer and seller of land executed at the time of advance payment made to the seller. Whether such agreement needs to be legally endorsed through advocate and Judge.

 

Rajib Brahma



Learning

 2 Replies

Bharatkumar (ADVOCATE )     25 July 2011

U execution a Agreement for Sale and write all condition in this agreement and registrration at registrar office. In this agremment u write a  condition about time, payment condition, title condition etc.......

Mahadeva Rao G (ADVOCATE)     27 July 2011

Hi,

Rajib Brahma,   Though  it  is  not  mandatory that  an  Advocate  is  required  to execute  Agreement of  Sale for taking  advance,  It  is  my sincere opinion to  engage  an  Advocate  as a safety  precaution  and  get  the Agreement  of sale drafted  according  to  the  terms  and  conditions  agreed  by  you   which  should  be  enforceable  in the court  of   Law   just  in case   the  opposite  party  fails  to  perform his  part  of  obligation  your  rights and interests  should  be  protected.

 Make use of  professional  services  since  many  agreement of sale  not  executed  with due care and  diligence  will  end  up  in  court battles.  

U can  revert  back to me for  any  more  clarifications on sohan1912@rediffmail.com  or  on 984528555 at Bangalore.

Good  Luck  and   Warm  Regards.

Mahadeva  Rao G,    Advocate,  9845285555,      Bangalore.


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