What the sales contract creates is the buyer`s right to acquire the property in question in 1996, 1996. Similarly, the seller obtains the right to obtain the buyer`s consideration in accordance with his part of the terms and conditions. These documents should be accompanied by all other documents necessary for the sale agreement. This shows the willingness of both parties to sell and buy a property in question, and concludes with the creation of the actual sales statement. This cannot therefore be characterized as a deed of sale, as it does not create any rights to the property for the buyer. Under the Transfer of Ownership Act, a sales contract, with or without property, is not transportation. Section 54 of the Transfer of Ownership Act provides that the sale of a property can only be done by a registered instrument and that a sale agreement does not create interest or fees for its property. In the sale and agreement to sell the condition and guarantee, as defined in section 12 of the law, which also plays an important role. In paragraph 12, paragraph 2, the condition is defined as an essential provision to the main purpose of the treaty.

Whereas in section 12, paragraph 3, the guarantee is defined as a guarantee for the main purpose of the contract and a breach of contract may entitle you to damages, but not to the right to refuse the goods and to the final contract. On 31 October 2020, a 40-year-old man was arrested by Noida police for deceiving a bank of 2 Crores by forging debt and using loans. On the same day, the judge of the main meetings of Madurai, G Ilangovan, granted two sub-registries arrested by the Sanddigul Criminal Police Office, an early bail, on charges of recording documents without prior verification. According to the police, they registered the deed of sale without checking the certificate of charge, as well as the original documents, parental documents, death certificate, etc. In the future, a sale agreement is to be promised that the property will be transferred to the rightful owner, while the value of the sale is the actual transfer of the buyer`s property. Please let me know that if you have an agreement on the purchase/sale of its land/farmland, if GSS was applicable to the contract itself? Selling and buying are two activities that further stimulate the economy by ensuring the flow of money. It leads to development and growth by offering employment opportunities of a diverse, direct and indirect nature. Since the sale or purchase involves the transfer of property and personal property securities, these activities are well regulated by public authorities that adopt, implement and protect various resource security laws related to economic activities.