Please note that the transfer of „property right” by executing other legally accepted documents such as – Gift Deed, Relinquishment deed, WILL, etc., While observing a dispute between the State of Haryana and Suraj Lamp – Industries (P) Ltd, the Supreme Court of India, stated in 2012 that the legal and lawful transfer of real estate can only be done through a properly stamped and registered sale. Many of us are often confused with registration (sale of deed) and the transfer of ownership. So let us know, discuss – What is the difference between dirty property and the transfer of ownership? The main differences between these two main ownership documents are listed below; The Supreme Court also reaffirmed the importance of the contract of sale between the owner and the purchaser, since it recently decided that the period of awarding a dwelling unit to a home buyer should be taken into account from the date of the owner-buyer agreement and not from the date of registration of the project under the Real Estate Act (regulation and development). , 2016. The court also ordered the rera authorities to order the payment of compensation by the contractor, in accordance with the sales contract whose unsealability was upheld by this decision. When buying a property, people make an agreement with the seller. This contract can be entered into by a sales agreement or a sales contract. In short, a legal document that proves in writing the transfer of property rights from one person to another in return for the price paid. Without an original deed of sale, it is almost impossible to buy or sell land or build land. The person who pays the price is called a buyer or taker, and the person who transfers the property is designated as a seller or vector. The sales number will have some details that will be displayed below.
Take a look! A sale agreement usually has all the conditions related to the situation when the property is transferred to the buyer by the seller, while a declaration of sale consists of information about both parties (seller and buyer), their age, addresses, etc. In fact, the deed of sale mainly mentions the transfer of ownership and rights. Therefore, the other terms of sale mentioned in the sales agreement are also mentioned. Therefore, the sales number can be written briefly. A sale agreement can generally be defined as an agreement listing the terms of a possible sales contract, as well as the counterparties and payment details offered. When selling the property, this is one of the important documents, because the deed of sale is based on it. It allows the sales process smoothly by explaining step by step. This helps to improve understanding between the parties and their specific roles in sales. Knowing some of the most important differences between the sales agreement and the sales agreement, it is important to know them individually.
This would help you understand them better. So let`s start with the sales contract. „A sale agreement does not mean a sale agreement for the same property.” Remember here that both parties must respect the terms of the sale agreement.
