Conditional Sale Deed

CONDITIONAL SALE DEED
THIS DEED OF SALE is made and executed on this . Day of

.. .. Two thousand . At CHINCHOLI CITY.
THE AGRICULTURAL PRODUCE MARKET COMMITTEE,

CHINCHOLI a statutory body constituted under the provisions of
Karnataka Agricultural Produce Marketing (Regulation and Development)
Act, 1966, having its office at A.P.M.C. Market Yard, Chincholi
represented by its Secretary Sri. Shivsharnappa Majjigi s/o Madeppa
aged about 48 years and Chairman Sri. Raghunath s/o Devappa
Tumkumba, aged: 40 years herein after called the VENDOR which
expression wherever it so required shall mean and include all its
successors, executors, administrators and assigns etc., of One PART.
IN FAVOUR OF
Shri. Pandurang s/o Ambajirao aged :major r/o Chincholi M/S Saffare
General Merchant & Commission Agent Chandapur Tq: Chincholi Dist.
Gulbarga herein called VENDEE which term shall mean and include
their successors, administrators and assigns of the OTHER PART.
WITNESSES:
WHEREAS, THE VENDOR allotted the site No: 22 situated at

APMC Market, Yard Chincholi, morefully described in the schedule
hereunder in favour of M/S M/S Saffare General Merchant &
Commission Agent Chandapur Tq: Chincholi Dist. Gulbarga subject to
the conditions as specified in the Agreement dated 16-3-1998 a sum of
Rs. 49,780/- (Forty nine thousand seven hundred eighty only) has been
paid to the VENDOR towards the value of the said site.
..2..
..2..
And whereas now the VENDEE has fulfilled the terms and
condition laid down in the said agreement and subsequent agreement,
the VENDEE constructed the shop-cum-godown o the schedule site for
the purpose of their business as specified in the agreement. The lease-
cum-sale agreement dated 16-3-1998 been registered in the office of the
Sub-Registrar, Chincholi document number: 1053/1997-98 at Chincholi.
By virtue of the said agreement the VENDEE herein is entitled to

get sale deed from the VENDOR in respect of the schedule site. Now
VENDEE have applied the VENDOR to execute the sale deed.
NOW THIS CONDITIONAL DEED OF SALE WITNESSESS AS FOLLOWS:
That in pursuance of the aforesaid agreement and in consideration

of the said sum of Rs. 49,780/- (Forty nine thousand seven hundred
eighty only) the VENDOR hereby grant the schedule site the VENDEE,
subject to the following conditions;
1. The VENDEE shall not use the building for purposes other than
thee marketing in the notified agricultural produces notified in
the market area of APMC, Chincholi.
2. That the VENDEE shall obtain necessary licenses from the
market committee for each marketing year and carry on
marketing in the notified agricultural produces in the schedule
premises in accordance with the provisions of the K.A.P.M.
(regulation & Development) Act, Rules and the Bye-Laws and
the Standing Orders of the MARKET COMMITTEE CHINCHOLI.
3. The VENDEE under exceptional circumstances for valid
reasons, may transfer or sell the schedule property alongwith
the building constructed thereon only to another licenses of the
market committee after obtaining the prior permission from the
market committee and the Director of Agricultural Marketing
BANGALORE.
..3..
..3..
4. The VENDEE shall pay to the market committee a prescribed fee

along with representation seeking for permission to transfer of
to sell the site with building and materials if any put up thereon
to any other licenses of the market committee as mentional in
the preceding clauses.
5. That the VENDEE shall hereafter peacefully and equietly enjoy
the property in actual possession without any claim whatsoever
from the VENDOR or any persons claiming through or under
them subject to the conditions mentioned above.
6. That VENDEE in conferred only limited rights to enjoy the
schedule property as long as the VENDEE carries business in
the marketing of the notified agricultural produces after
obtaining necessary licenses from the VENDOR and any rights
conferred on the VENDEE in respect o the site and the building
shall come to an end as soon as he ceases to b as licensed
market functionary and as soon as he ceases to carry on the
marketing of notified agricultural produced subject to the
provisions specified in the Bye-Laws.
7. That the VENDEE shall not cause alter or change the structure
of the shop-cum-godown without the prior permission of the
market committee. The VENDEE may cause repairs of the
structure in his cost only after the prior permission of the
VENDOR.
8. That the VENDEE shall pay the electrical charges, water
charges, maintenance charges of infrastructure as may be
determined by APMC and all other taxes in respect of the shop-
cum-godown regularly.
9. That the VENDEE shall not encumber the property in any
manner whatsoever and if it is done, the same shall not be
binding on the VENDOR in any manner and not withstanding
anything contained in the above said clauses.
..4..
..4..
10. The VENDEE shall be bounded by the provisions of the K.A.P.M.

(Regulation and Development) Act. 1966, the rules, the Bye-
Laws and standing orders made there under by the market
committee as amended from time to time.
SCHEDULE:
The site bearing Plot No: 22 measuring 10 x 19 mtr. Situated
Market Chincholi Yard following boundaries;
East : Plot No: 23

West : Plot No: 24
North : Road
South : Open site
Full value of the site if Rs. 49,780/- (Rupees Forty nine thousand seven
hundred eighty only)
VENDOR
WITNESSES
VENDEE
1.
2.

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CONDITIONAL SALE DEED

THIS DEED OF SALE is made and executed on this . Day of

THE AGRICULTURAL PRODUCE MARKET COMMITTEE,

WHEREAS, THE VENDOR allotted the site No: 22 situated at

By virtue of the said agreement the VENDEE herein is entitled to

NOW THIS CONDITIONAL DEED OF SALE WITNESSESS AS FOLLOWS:

That in pursuance of the aforesaid agreement and in consideration

4. The VENDEE shall pay to the market committee a prescribed fee

10. The VENDEE shall be bounded by the provisions of the K.A.P.M.

East : Plot No: 23

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