PGN Property Management in Bangalore

An  “Agreement To Sale”  is a contract between seller and buyer, where seller agrees to sell a property to buyer at future date, subject to terms and conditions mentioned in the agreement. It is an important document in the process of sell and purchase of a property. It contains terms & conditions agreed and signed between the parties to sell a property at future date. An Agreement To Sale is an important document for Home loan application. It is mandatory to frank the agreement. The franking cost is decided by your bank, generally, the franking cost ranges from Rs. 200 to 0.1% of selling price. Agreement To Sale is not a Sale deed and it doesn’t convey the ownership. it is just a preliminary agreement with agreed terms and conditions to execute a sale deed at future date. Step by step procedure to execute an “Agreement To Sale”: Step 1:  Below are the list of documents require from seller to prepare an “Agreement To Sale” Absolute Sale deed Khata certificate & ex...

  The fee is  zero  if you execute on your own + stamp duty It's very simple and easy to execute a property sale agreement without paying any processing fee. Just follow the below step-by-step procedure to execute your sale agreement. Step 1:  Prepare a draft agreement in word format. A draft looks like the below images Step 2:  Share the draft with seller, buyer, advocate, and your bank if you opting for home loan. The intention of sharing is to cross-verify corrections. Preferably share through email to record communication. Step 3:  If you are opting for home loan, it's important to frank a sale agreement. Your bank should able to say the franking cost. Generally, the franking cost is 0.1% of selling price. For example the selling price is Rs. 83,00,000/. The franking cost is Rs. 83,00,000X 0.1% = 8,300/- But for some cases, if you have good rapport with your bank, your bank may advise you to use only Rs. 200 e-stamp paper instead franking of 0.1% of sel...