SYMBIOSIS LAW SCHOOL, PUNE

‘DRAFTING OF SALE DEED’

2nd Internal Assessment

Property Law

Prof. Santosh Aghav

Submitted by:

Purswani Pratik Suresh

1st Year (3 Year LLB)

16010122017 | Batch 2016-19

AGREEMENT FOR SALE

THIS AGREEMENT FOR SALE IS MADE AND EXECUTED AT

RATNAGIRI ON THIS 15th DAY OF MARCH IN THE CHRISTIAN
YEAR TWO THOUSAND SIXTEEN

BETWEEN

MR. KISHORE KARANDE,

Age – 40 years, Occupation – Agriculturist,
Residing at – 751, Katraj,
Pune – 41035 (Maharashtra State, India)
Hereinafter called “THE SELLER” (which expression shall unless it be
repugnant to the context or meaning thereof be deemed to mean and include his
heirs, executors, administrators, representatives and assigns)
…PARTY OF THE FIRST PART;

AND
MR. YASH DAGA,
Age – 45 years, Occupation – Agriculturist,
Residing at – S. No. 18, Maruti Mandir,
Ratnagiri – 415612 (Maharashtra State, India)
Hereinafter called “THE PURCHASER” (Which expression shall unless it be
repugnant to the context or meaning thereof be deemed to mean and include his
heirs, executors, administrators, representatives and assigns)
…PARTY OF THE SECOND PART.

I. WHEREAS the SELLER is absolute owner and in possession of the Immovable

Property being land and bearing Gat No. 10/2 admeasuring 5 Hectares and 0 Ares
(Hereinafter referred as ‘the said immovable property) which is a piece and parcel of
property situated at Taluka Dapoli, District Ratnagiri and within the local limits of
Ratnagiri Municipality and within the registration limits of Sub – Registrar, Taluka –
Dapoli, District – Ratnagiri in the State of Maharashtra (more particularly described in
Schedule - I written hereunder) and the SELLER has full power, right and authority to
sell and transfer the same;
II. And WHEREAS, the PURCHASER has shown his interest to purchase the said
immovable property from the SELLER for a lawful consideration.

NOW THEREFORE THIS AGREEMENT WITNESSETH AS UNDER AND IT IS

HEREBY AGREED BY AND BETWEEN THE PARTIES HERETO AS
FOLLOWS:

It is agreed between the parties hereto that all the recitals of this Sale Deed shall form part
and parcel of operative part of this sale deed and shall be read accordingly

1. The SELLER hereby sells on ownership basis and conveys, transfers, and assigns, all his
rights, title and interest in the said immovable property to the PURCHASER for a total

consideration of Rs.40,00,000/- (Rupees Forty lakhs only) which has been received by
the SELLER as full and final sale consideration of the said immovable property in the
following manner:
Mode of Cheque/DD Drawn on
Amount Branch Dated
Payment No. Bank
Bank of
Cheque Rs.40,00,000/- “001234” Ratnagiri 15.03.2016
India

2. The payment and receipt whereof the SELLER hereby admit, acknowledge of and from
the same and every part thereof, the SELLER do hereby forever acquit, release and
discharge the PURCHASER for the amount received by them.
3. That the SELLER has handed over actual and physical possession of the said immovable
property to the PURCHASER on today, along with all the documents of the said
immovable property and the PURCHASER has received and accepted the peaceful and
vacant possession of the said immovable property and all the documents, along with the
right, title and interest thereto.
4. The SELLER hereby assure, warrant and confirm unto the PURCHASER that:
i. The SELLER has clear and marketable title to the said immovable property;
ii. The said Immovable Property is free from all encumbrances such as mortgage, lien,
lease, agreement or arrangement or charge, in respect of the said immovable property
or have not entered into any type of Agreement with any other persons, in respect of
the said immovable property, in any manner whatsoever, except herein above
mentioned.
iii. The said immovable property is not a subject matter of any dispute or any court order
and/or injunction, before any Judicial Authority against the SELLER, which restrict
the SELLER to sell the said Immovable Property, and there is no litigation of
whatsoever in nature pending in respect of the said Immovable Property. However, if
any defect is found therein, the SELLER agrees to remove the same at their own risks,
costs and consequences.
iv. The SELLER is competent to contract and has entered into this transaction and
executed the Agreement of Sale with his free consent and without any influence of
drug or any undue influence or coercion.

v. The SELLER hereby declare that they have full right and absolute authority to enter
into this Agreement of Sale and that they have not done or performed or caused or
suffered to be done or performed any act, deed, matter or thing whatsoever whereby
they may be prevented from entering into this Agreement of Sale, whereby the
PURCHASER may be obstructed, prevented or hindered in enjoying the rights to be
conferred or transferred in their favour and in the event of it being found, that the
SELLER were not entitled to enter into this Agreement of Sale, the SELLER shall be
liable to compensate, indemnify and / or reimburse the PURCHASER for the losses
or damages, which the PURCHASER may suffer or sustain in this behalf.
vi. The SELLER further declare that there is no Income Tax demand pending and no
amount is in arrears, in respect of the said immovable property and if any such
amount is found due, then the SELLER shall pay the same and clear all the dues.
vii. The PURCHASER shall be free to get its name mutated in the revenue records and
the SELLER shall render all the necessary help, which may be required for getting the
name of the PURCHASER mutated.
viii. It is agreed that the expenses and incidental charges i.e. Stamp Duty, Registration
charges, advocate fees and all other ancillary costs as required or that may be required
to complete the transaction and execute the conveyance, in respect of these presents
shall be borne by the PURCHASER alone

(SCHEDULE - I)
(Description of the said Immovable Property)

ALL THOSE pieces and parcels of land admeasuring 5 Hectares 0 Ares bearing Gat No.
10/2 situated at Ganpatipule, Dist. Ratnagiri in the State of Maharashtra and bounded as
follows:

On or towards East: Remaining portion of Gat No. 10/2

On or towards West: Main Road

On or towards South: Gat no 11/2

On or towards North: Gat No 9/2

IN WITNESS WHEREOF THIS AGREEMENT OF SALE HAS BEEN

EXECUTED AND SIGNED HEREUNDER BY THE PARTIES ON THE AFORESAID
DATE AT GANPATIPULE

NAME THUMB SIGNATURE

IMPRESSION
Mr. KISHOR KARANDE
(SELLER)

Mr. YASH DAGA

(PURCHASER)

Witness:
1. Name:
Address:
Signature:

2. Name:
Address:
Signature:

RECEIPT

Received a sum of Rs. 40,00,000/- (Rupees Forty Lakh only) vide Cheque No.
“001234” dated 15.03.2016 drawn on Bank of India, Ratnagiri Branch, towards full
and final consideration in respect of the sale of the following immovable property
from Shri Yash Daga, age 45 years residing at S.No.18, Maruti Mandir, Ratnagiri.

(Description of the said immovable property)

ALL THOSE pieces and parcels of land admeasuring 5 Hectares 0 Ares bearing Gat
No. 10/2 situated at Ganpatipule, Dist. Ratnagiri in the State of Maharashtra and
bounded as follows:

On or towards East: Remaining portion of Gat No, 10/2

On or towards West: Main Road

On or towards South: Gat no 11/2

On or towards North: Gat No 9/2

Date: - 15.03.2016

Place: - Ganpatipule

(SELLER)

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