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_____ (Rupees ____ only) as booking amount being part payment towards the Total Price of the said Plot at the time of application the receipt of which the Promoter hereby acknowledges and the Allottee hereby agrees to pay the remaining price of the said Plot as prescribed in the Payment Plan and/or as per the demands ...
How do I write a Sales Agreement? Specify your location. ... Provide the buyer's and seller's information. ... Describe the goods and services. ... State the price and deposit details (if applicable) ... Outline payment details. ... Provide delivery terms. ... Include liability details. ... State if there's a warranty on the goods.
A draft contract is an agreement that's not finalized. During the process of a property transaction, for instance, the first agreement is called the draft contract. The precise terms and wording also have not been agreed to by all sides.
And Whereas the Vendor has agreed to sell and the Purchaser has agreed to purchase the Apartment No.................on the............. floor in the building No.................... hereinafter referred to as the said Apartment on the following terms and conditions.
In simple terms, a sale agreement is a promise for the future, which states that a specified property will be transferred to the buyer or the rightful owner at a later date. On the other hand, a sale deed is a document that is to be considered the actual transfer of property ownership between two or more parties.