Is sub agreement to sell valid for resale property transacti

Hello Sir/Madam

Only the owner of an property has a right to sell the property, but only by signing the AST he don't become the owner. Also as the property is under construction he must have not paid the full consideration amount also. So it would be better if u eexcute a tripartitte agreement wherein u make the builder also party, so that whenever the sale deed has to be executed the builder can directly execute it in ur name. Is the agreement to sell registered ? If not than also if u show reference of this AST with Mr.X stamp duty will be needed to be paid on it, if this clause comes in ur sale deed, and Mr. X has not paid the S.D. O straight away u enter into AST with builder and ask Mr. X to cancell his AST or even u can execute a MOU between urselves.

Adv. Suwarna Jadhao

Nagpur

I was into this issue and tired to   tinker around to check if its possible but couldnt get it done. Now that i have seen the way you did it, thanks guys
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regards
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