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CONVEYANCE OF IMMOVABLE PROPERTY SUBJECT TO EXISTING MORTGAGE
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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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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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SUIT FOR FORECLOSURE OF MORTGAGE
The Defendants have availed financial facility from the Plaintiff against the Mortgage of their property. The Defendants have failed to pay the mortgage debt to the Plaintiff. The Defendants have failed to redeem the Mortgage. The Plaintiff claims to be entitled to foreclosure the mortgage and become the Owner of the mortgaged property. This is the precedent of a suit for foreclosure of mortgage.
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DEED OF TRANSFER OF A FLAT IN A CO-OPERATIVE HOUSING SOCIETY
This is a precedent of a Deed of Transfer for purchase of a Flat and to record the agreement arrived at between the parties and to complete the transaction.
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CONVEYANCE OF AN IMMOVABLE PROPERTY SUBJECT TO VENDOR RESERVING A RIGHT OF WAY
This is a precedent of the Deed of Conveyance of an immovable property, whereby the Vendor, out of the larger property, is selling certain portion of the same reserving its right of right of way on the portion which is being sold. The Vendor is also keeping custody of all the title deeds of the property with the covenant to produce the same in future.
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CONVEYANCE OF IMMOVABLE PROPERTY BY A LEGAL GUARDIAN/MANAGER OF A LUNATIC
This is a precedent of Conveyance of Immovable Property (Land and the building) whereby the property of the Lunatic/person of unsound mind is being sold by the legal guardian and manager appointed by the Court and with the sanction of the court.
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DEED OF MORTGAGE BY CONDITIONAL SALE
This is a precedent of Deed of Mortgage by Conditional Sale where there occurs an ostensible sale, which is converted into absolute sale in the event that the Seller/Mortgagor is unable to repay the loan/Mortgage Debt to the Purchaser/Mortgagee.
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DEED OF RECONVEYANCE OF MORTGAGED PROPERTY
This is a precedent of a Deed of Re-conveyance of Mortgaged Property where the Mortgagor has repaid the mortgage debt to the Mortgagee and Mortgagee executes into the Deed of Re-conveyance of Mortgaged property.
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SUIT FOR REDEMPTION OF MORTGAGE
The property is mortgaged. The Mortgagor desires to redeem the mortgaged property through Court. This is a precedent of suit for Redemption of Mortgage.
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RELEASE OF MORTGAGE
This is a precedent of a Release of Mortgage where the Mortgagor has paid to the Mortgagee the mortgage debt under the Mortgage Deed and Mortgagee releases the mortgaged property from the charge of Mortgagee.
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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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CONVEYANCE OF IMMOVABLE PROPERTY BY A LEGAL GUARDIAN OF A MINOR
This is a precedent of Conveyance of Immovable Property (Land and the building) whereby the property of the minor is being sold by the legal guardian of the minor appointed by the Court.
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CONVEYANCE OF REVERSIONERY RIGHTS IN THE IMMOVABLE PROPERTY
The Vendor is the Owner of an immovable property and has already leased the same to the Lessee on long lease. The Purchaser desires to acquire Vendor’s reversionary right in the said immovable property. This is a precedent of Deed of Conveyance whereby the Vendor is transferring his reversionary rights in the property to the Purchasers.
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