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Property Sale Agreement
Property Sale Agreement
SELLER: Name: Mr. Rohit Gupta Address: 123 Main Street, Raj Nagar, Ghaziabad,
Uttar Pradesh, India
BUYER: Name: Ms. Priya Sharma Address: 456 Park Avenue, Vaishali, Ghaziabad,
Uttar Pradesh, India
WHEREAS, the Seller, Mr. Rohit Gupta, is the legal owner of the property located at
789 Elm Street, Crossing Republic, Ghaziabad, Uttar Pradesh, India, hereinafter
referred to as the "Property".
1. Sale of Property
The Seller, Mr. Rohit Gupta, agrees to sell, and the Buyer, Ms. Priya Sharma, agrees
to purchase, the Property described above.
2. Purchase Price
The Purchase Price for the Property shall be INR 50,00,000 (Indian Rupees Fifty
Lakhs), payable as follows:
INR 5,00,000 (Indian Rupees Five Lakhs) as the earnest money deposit, to be
paid by the Buyer, Ms. Priya Sharma, to the Seller, Mr. Rohit Gupta, upon
signing this Agreement.
3. Property Details
The closing of the sale shall take place on or before [Closing Date]. At the closing,
the Seller, Mr. Rohit Gupta, shall deliver possession of the Property to the Buyer,
Ms. Priya Sharma, and the Buyer shall pay the remaining balance of the Purchase
Price to the Seller.
6. Expenses
All expenses related to the sale of the Property, including but not limited to, stamp
duty, registration fees, and taxes, shall be borne by the Buyer, Ms. Priya Sharma.
Both Parties represent and warrant that they have the legal capacity and authority to
enter into this Agreement and to fulfill their respective obligations herein.
8. Governing Law
This Agreement shall be governed by and construed in accordance with the laws of
India.
9. Entire Agreement
This Agreement constitutes the entire understanding between the Parties with
respect to the subject matter hereof and supersedes all prior agreements,
negotiations, and understandings, whether written or oral, relating to such subject
matter.
IN WITNESS WHEREOF, the Parties have executed this Agreement as of the date
first above written.
SELLER:
Mr. Rohit Gupta (Signature)
BUYER:
Ms. Priya Sharma (Signature)
[Address]