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CERTIFICATE OF SALE OF IMMOVABLE PROPERTY BY BANKS UNDER SARFAESI ACT, 2002
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This is a precedent of Sale of immovable property by Banks under SARFAESI Act 2002
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CONVEYANCE OF IMMOVABLE PROPERTY SUBJECT TO EXISTING MORTGAGE
The property is already mortgaged. The Vendor is unable to redeem the mortgage. However, the Purchaser is willing to buy the property subject to existing mortgage. This is the precedent of Conveyance of an immovable property in favour of the Purchasers who is willing to buy subject to the existing mortgage.
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REPLY UNDER SECTION 13 (3A) OF SARFAESI, 2002 OF THE BORROWER/GUARANTORS TO STATUTORY NOTICE OF BANK/FINANCIAL INSTITUTION UNDER SECTION 13 (2) OF SARFAESIA, 2002
This is a precedent of reply under Section 13 (3A) of Sarfaesi, 2002 of the Borrower/Guarantors to statutory notice of Bank/Financial Institution under Section 13 (2) of Sarfaesi, 2002
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AN APPEAL BEFORE DRAT CHALLENGING THE INTERIM ORDER OF THE DRT
This is a precedent of an appeal before the Debt Recovery Appellate Tribunal Challenging the interim order of the Debt Recovery Tribunal under Section 20 of the Recovery of Debt due to Bank and Financial Institutions Act, 1993.
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DEED OF DECLARATION TO BE SUBMITTED BY OWNER/S AND THE PROMOTER/S AS PER SECTION 2 OF THE MAHARASHTRA APARTMENT OWNERSHIP ACT, 1970
This is a Deed of Declaration to be submitted by the Owners/the Promoters as per Section 2 of the Maharashtra Apartment Ownership Act, 1970 to effectively transfer the land and building in favour of Condominium/various Purchasers under the said Act. (FOR STATE OF MAHARASHTRA)
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CONVEYANCE OF AN IMMOVABLE PROPERTY IN FAVOUR OF THE MORTGAGEE
The property is already mortgaged to the Mortgagee. The Vendor/Mortgagor is unable to redeem the mortgage by paying mortgage debt to the Mortgagee. Hence, decides to sell the property to the Mortgagee. This is the precedent of Conveyance of an immovable property in favour of the Mortgagee.
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BILLS OF EXCHANGE
This is the precedent of Bills of Exchange payable on demand and payable on due date.
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DEED OF EXCHANGE IN RESPECT OF RESIDENTIAL FLATS
The Parties are the Owners of their respective residential flats. Both the parties desires to exchange their respective flats with each other. This is the precedent of Deed of Exchange in respect of Residential Flats. This precedent can be also used for properties other than residential flats with appropriate changes.
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AN APPLICATION BY BANKS/FINANCIAL INSTITUTIONS TO DEBT RECOVERY TRIBUNAL UNDER SECTION 19 OF THE RECOVERY OF DEBTS DUE TO BANKS AND FINANCIAL INSTITUTIONS ACT, 1993 TO RECOVER DEBT
This is a precedent of an Application by Banks/Financial Institutions under Section 19 of the Recovery of Debts due to Banks and Financial Institutions Act, 1993 to recover debt before Debt Recovery Tribunal. In this case systematic fraud is play upon the Applicant.
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DEED OF TRANSFER OF FLAT PURCHASER’S RIGHT UNDER THE AGREEMENT WITH THE DEVELOPERS TO PURCHASE THE FLAT IN AN UNDER CONSTRUCTION BUILDING
This is a precedent of a Deed of Transfer of Flat Purchaser’s right under an Agreement with the Developers in an under construction building wherein the Purchasers after verifying the title of the Vendors under the Agreement for Sale as mentioned therein are desirous of purchasing the Flat upon terms and conditions as detailed in the Deed.
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LOCK OUT AGREEMENT
The parties intend to sell and buy the property/flat etc. However, the negotiations and finalization may take some time. Pending the same, they want to bind each other for the specific time to enable them to finalise the terms and arrive to the proper contract. This is a precedent of lockout agreement for the above purpose.
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DEED OF TRANSFER OF A FLAT WHERE THE BODY OF THE FLAT PURCHASERS IS YET NOT FORMED
The Transferor has purchased the Flat in the Real Estate Project/Building from the Developer. The Transferor has not availed any housing loan from the Bank. The body of all the Flat Purchasers is yet not formed. The Transferor desires to sell the Flat. This is the precedent of Deed of Transfer for the same. This precedent can be used for commercial premises also with suitable changes.
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TRANSFER OF A FLAT ON OWNERSHIP BASIS BY THE VENDOR TO THE EXISTING TENANT
This is a precedent of Deed of Transfer wherein the Vendor has agreed to sell, transfer and convey his rights, title and interest in the property mentioned therein to the Tenant Purchaser upon terms and conditions as detailed in the Deed.
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