What are the clauses one must check in a flat sale agreement in India?
Below are the few important clauses to check in a sale agreement Title: Generally, property sale agreements are executed under the following titles Agreement of sale Agreement for sale Agreement to Sell Sale cum construction Agreement: Choose the right title for your agreement Date & place: The 1st line of agreement must have date and place of the agreement execution. Parties (Seller & Buyer) Seller’s name, age, address, and pan number Buyer’s name, age, address, and pan number Property schedule Property schedule is the description of the property. Generally, a property schedule has three sub-schedule. They are schedule A, Schedule B, and Schedule C Schedule A: Land conversion details (from agricultural to residential). Land survey number and measurement of the land where this apartment is built Schedule B: Area of undivided land share Schedule C: Super buildup, build up, and carpet area of your flat Mother deed: Details of how seller acquired the property. Details include mo