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