Agsale Full and Final

Download as docx, pdf, or txt
Download as docx, pdf, or txt
You are on page 1of 3

AGREEMENT TO SELL

THIS AGREEMENT TO SELL is made at Delhi, on this _______ day of __________ 2022
BETWEEN * hereinafter called the FIRST PARTY.

AND

# hereinafter called the SECOND PARTY.

“The expression both the parties shall mean and include unless repugnant to the context, their
respective legal heirs, executors, administrators, legal representatives, nominees and assignees
respectively”.

WHEREAS the first party is the absolute owner and also in possession of $.

AND WHEREAS the first party has agreed to sell the above said property and the second party
has agreed to purchase the above said property, for a total consideration amount of Rs.___
(Rupees ___ only) and the total sale consideration amount has been received by the first party
from the second party, the receipt of which is hereby acknowledged by the first party.

NOW THIS AGREEMENT WITNESSETH AS UNDER:-

1. That in pursuance of the total sale consideration amount, as mentioned above which has
been received by the first party from the second party, the first party being fully
empowered and absolute owner of the said property hereby sell(s), grant(s), convey(s),
transfer(s), assign(s) the said property, together with all privileges, easements and
appurtenances thereto to the second party and the second party, being the owner of the
said property, is free TO HAVE AND TO HOLD the said property absolutely and
forever.

2. That the first party has delivered the actual, physical, vacant and peaceful possession of
the said property to the second party on the spot.

3. That the second party shall realize all the profit of the said property from the date of
execution of this agreement and the first party shall not demand any amount from the
second party.

4. That the first party has left no claim, title or interest of any kind whatsoever in the said
property, and the second party has become the sole and absolute owner of the above said
property and now the second party is fully entitled to use, to mortgage, to sell the above
said property as desire(s) by him/her, being the absolute owner thereof.

5. That the first party hereby assures the second party that the said property is free from all
encumbrances such as burden, sale, decree, mortgage, Will, Gift, loans, liens, charges,
surety, security, penalty, revision, writ, appeal, court injunction, stay order, equitable
mortgage, any litigation of any kind, or any other kind of transfer etc. and the first party
has got clear title and full power to sell and transfer the said property.

6. That the first party hereby further assures the second party that the title of the said
property is marketable and no other person, except the first party, has any right, title or
interest of any kind in the same, and in case it is subsequently found that the title of the
said property was not absolute and the said property was not free from encumbrances as
mentioned above or the first party was not competent to convey the same or any thing
else deposed by the first party was incorrect and because of that the second party either
suffers any loss or the whole/any part of loss or the whole/any part of the said property
goes out of the hands of the second party then the first party shall be fully liable and
responsible to indemnity the same to the second party and the first party shall also be
responsible and liable to make good all the losses of any kind, thus suffered by the
second party.

7. That the first party shall not create any charge on the said property after execution of this
agreement.

8. That whenever and wherever presentation of the first party will be required for the
completion of any act, deed and thing regarding the said property, the first party will
execute and present for the same.

9. That the first party agreed with second party at all times hereafter to do or execute all
such acts, deeds and things that may be necessary for further and more perfectly
conveying the said property unto the second party or his/her nominee or nominees
without any claim or interest.

10. That all the previous dues, demands, taxes i.e. house tax, electric bills, water bills etc.
relating to the above said property up to the date of execution of this agreement shall be
paid and borne by the first party, and thereafter shall be paid by the second party.

11. That the second party shall have the right to get the said property mutated in his/her own
name in the records of the concerned authorities on the basis of this agreement.

12. That the first party has handed over all the previous original documents in respect of the
said property to the second party.

13. That if the first party violates and infringes the terms and conditions of this agreement
than the second party shall be entitled to get the said transaction completed through the
court of law under the suit for specific performance at the cost and expenses of the first
party.

14. That this transaction has taken place at Delhi and as such Delhi Courts shall have
exclusive jurisdiction to entertain any dispute arising out or in any way touching or
concerning this agreement.
IN WITNESSES WHEREOF the first and second party has signed this agreement for sale on the
day, month and year first above written in the presence of the following witnesses:-

WITNESSES:

1.
FIRST PARTY

SECOND PARTY
2.

You might also like