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CONSTRUCTION CONTRACT
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Precedent of Construction Contract with the Building Contractor for constructing a building on the immovable property.
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PUBLIC NOTICE FOR INVESTIGATING THE TITLE OF THE PROPERTY
The Purchaser of an immovable property issues Public Notice in the newspapers inviting claims and objections. This is the precedent of Public Notice for investigating the title of the property.
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DEED OF TRANSFER OF AN IMMOVABLE PROPERTY FROM EXECUTOR TO LEGATEE
This is a precedent of Deed of Transfer of an immovable property by Executor to Legatee under the will. The deceased has died leaving a Will (which is probated) under which the particular property is to be transferred to the legatee.
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AN INSTRUMENT FOR PURCHASE OF A FLAT IN RESALE WHERE SOCIETY OR LIMITED COMPANY OR CONDOMINIUM IS YET TO BE FORMED
This is a precedent of an Instrument for Purchase of Flat in Re-sale wherein the Purchasers have agreed to purchase the Flat from the Vendor where the Society or Limited Company or Condominium is yet to be formed upon the terms and conditions as detailed in the Instrument.
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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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AGREEMENT TO FORM A PRIVATE LIMITED COMPANY FOR JOINT DEVELOPMENT OF AN IMMOVABLE PROPERTY
This is a precedent of an Agreement to form a Private Limited Company for joint development of an Immovable Property for the purposes of Shareholding, Directorship and Management of the Company upon terms and conditions as detailed in the Agreement.
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AGREEMENT FOR SALE OF IMMOVABLE PROPERTY
The Vendor is the Owner of an Immovable property, who has agreed to sale the same to the Purchaser. This is the precedent of an Agreement for sale.
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CONVEYANCE OF IMMOVABLE PROPERTY FROM EXECUTOR TO LEGATEES
This is a precedent of Deed of Conveyance whereby the Executor of the proved Will of the deceased is transferring the immovable property (Land & Building) in favour of the legatees/beneficiaries as provided under the Will.
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GENERAL TERMS AND CONDITIONS OF SALE OF THE IMMOVABLE PROPERTY BY THE COURT RECEIVER
This is a precedent of General Terms and Conditions of Sale of the immovable property by the Court Receiver.
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DEED OF TRANSFER OF A FLAT WHERE THE BODY OF THE FLAT PURCHASERS IS YET NOT FORMED AND THE HOUSING LOAN AVAILED BY THE TRANSFEROR IS ALSO TO BE DISCHARGED
The Transferor has purchased the Flat in the Real Estate Project/Building from the Developer. The Transferor has also availed housing loan from the Bank. The body of all the Flat Purchasers is yet not formed. The Transferor desires to sell the Flat and simultaneously desires to discharge the liability of the Bank. 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 BY THE VENDOR TO A THIRD PARTY ON OWNERSHIP BASIS SUBJECT TO THE RIGHTS OF AN EXISTING TENANT
This is a precedent of Deed of Transfer wherein the Transferor has agreed to sell, transfer and convey subject to the tenancy possession and other rights of the Tenant and 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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REQUISITIONS BY THE PURCHASER ON THE VENDOR’S TITLE TO THE PROPERTY
When an immovable property is being purchased, the Purchaser and/or his advocate raise requisitions on the Vendor’s title to the property. This is a standard precedent of requisition on the Vendor’s title to the property.
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