If the seller does not sell or return the property to the buyer, the buyer is entitled to a special benefit in accordance with the provisions of the Specific Relief Act of 1963. A similar right is available to the seller as part of the agreement to require a certain benefit from the buyer. 2. An unregant sales contract is not valid in court. According to the above definition, it is clear that a sale agreement contains a commitment to transfer a property in question in the future under certain conditions. This agreement itself therefore does not create any rights or interests on the property for the proposed buyer. A purchase agreement is an agreement to sell a property in the future. This agreement sets out the conditions under which the property in question is transferred. The Supreme Court also reaffirmed the importance of the contract of sale between the owner and the purchaser, since it recently decided that the period of awarding a dwelling unit to a home buyer should be taken into account from the date of the owner-buyer agreement and not from the date of registration of the project under the Real Estate Act (regulation and development). , 2016. The court also ordered the rera authorities to order the payment of compensation by the contractor, in accordance with the sales contract whose unsealability was upheld by this decision. “A contract for the sale of real estate is a contract to sell the property under the terms set by the parties,” Section 54.

Section 54 adds: “It does not in itself create interest or royalty for such a property.” Remember here that both parties must respect the terms of the sale agreement. Any party that does not comply with any of the terms of the agreement could be brought to justice if the other party so wishes. All parties involved should also ensure that this document can be used as legal evidence before the court of law and that all those who have agreed to comply with the conditions are required to do so. This absolute rule is subject to the exception of Section 53A of the Transfer of Ownership Act. Section 53A provides that the seller has no right to disturb the purchaser`s possession if the purchaser has entered into possession of the property that is the subject of the transfer, while fully acquiring its portion of the contractual obligation. It should be noted that Section 53A provides the proposed purchaser with a shield against the seller and prevents the seller from disrupting the purchaser`s property, but it does not cured the buyer`s property. The property`s ownership remains in the hands of the seller. The Supreme Court of India in 2012, in the case of Suraj Lamp – Industries (P) Ltd (2) v.

Haryana State, while the treatment of the validity of the sale of real estate by proxy, held as under: 2) according to the information on the website telengana govt sales tax without property is 0.5% At least Rs 1000 maximum 20,000 Rs) According to the Indian Registration Act of 1908, any interest transfer agreement must be registered on property worth more than one hundred rupees. Therefore, if you purchased a property for sale as part of an agreement without a good state of sale, you will not receive any right or interest in the property that would be transferred under the sale contract.