AGREEMENT OF SALE

This Agreement of Sale is made at Delhi, on this _____ Day of __________ 2021, Between
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
hereinafter called the First Party/Seller.

AND

_____________________________________________________________________________
_____________________________________________________________________________
_____________________________________________________________________________
hereinafter called the Second Party/Purchaser.

“The expression both the parties shall mean and include, unless repugnant to the context, their
respective legal heirs, executors, Administrators, legal Representatives, nominees and Assigns”.

WHEREAS the first party is the owner and also in possession of _________________________

______________________________________________________________________________

______________________________________________________________________________

______________________________________________________________________________

AND WHEREAS the first party has agreed to sell and the second party has agreed to purchase
the above said Plot for a total sum of Rs. ___________/- (Rupees ________________________
_________________________) and the first party has also received a sum of Rs. ___________/-
(Rupees _________________________________________________) towards the earnest
money in advance the receipt of which is hereby acknowledged by the first party, and the
balance consideration amount of Rs. ___________/- (Rupees ____________________________
_________________________) shall be payable by the second party to the first party on or
before _____________ and the payment schedule is as under:-

Contd…3
 PAGE-3

NOW THIS AGREEMENT OF SALE WITNESSETH AS UNDER:

1. That the settled price neither shall be reduced nor shall be enhanced by either party.

2. That the first party shall be bound to execute the Sale Deed/proper Documents executed
& registered either in the name of the second party or his/her/their nominee or any other
person appointed by the Second party at the time of receiving the balance consideration
up to the last date fixed between the parties.

3. That all the expenses of the execution & registration of the Documents shall be payable
by the Second party.

4. That the Actual physical and vacant possession of the above said Plot and all original
documents related to above said Plot shall be delivered by the First party to the Second
party at the time of full & final payment.

5. That all the previous dues, demands, taxes such as House Tax, electricity bill, water bills,
if any, relating to the said Plot up to the date of delivering the possession shall be payable
by the first party but later on shall be payable by the second party.

6. That the first party hereby assures the second party that the said Plot under Sale is free
from all sorts of encumbrances burden, sale, decree, mortgage, Will, Gift, loans, liens,
charges, surety, security, Revision, Writ, Appeal, Court injunction Stay order, Equitable
mortgage, any litigation of any kind, or any other kind of transfer, if proved otherwise or
if the second party shall deprived from the said Plot or any part thereof, then the first
party shall be responsible for the same.

7. That in accordance with the above said terms and conditions, if the First party does not
execute the documents either in the name of the Second party or in the names of Second
party’s nominees or any other person appointed by second party, then the first party shall
be bound to pay the double of the advance amount paid by the Second party to the First
party or the second party shall be entitled to get the proper documents executed and
registered in his/her/their or in the name of his/her/their nominee’s favour through the
court of law, and if the Second party does not pay the balance consideration amount
within the fixed time then the advance paid by the Second party shall stand forfeited and
agreement shall stand cancelled and the defaulting party shall pay of the Commission
from both sides.

Contd…4
 PAGE-4

8. That if there is any dispute arises between the parties then both the parties can appoint the
Arbitrator either with mutual consent or by court of law and Arbitrator will decide
according to Arbitration Act and same will be binding on parties.

9. This deal has been done through ______________ ____________________, and shall be
entitled to take commission ____% on the total consideration amount, from each party.

IN WITNESSES WHEREOF the above said parties have put their respective signatures on the
date mentioned above.

WITNESSES:-

1.
FIRST PARTY/SELLER

2.
SECOND PARTY/PURCHASER