DEVELOPMENT AGREEMENT OF IMMOVABLE PROPERTY

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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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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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ACCOUNTABLE RECEIPT

Pending the Completion of Sale of an Immovable property, the Advocate for the Purchaser of the property receives the original title deeds for verification. This is the precedent of an Accountable receipt to be issued by the Advocate for the Purchaser.

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.

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.

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.

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.

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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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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PUBLIC NOTICE BY INTENDING PURCHASERS OF AN IMMOVABLE PROPERTY

The Purchaser of an immovable property to show his bonafide issues Public Notice in the newspapers making his intention to buy the property public and inviting claims and objections. This is the Public Notice by Intending Purchaser of an immovable property.

DEED OF TRANSFER OF A FLAT FROM EXECUTOR TO LEGATEE

This is a precedent of Deed of Transfer wherein the Executor of the Probated Will of the Deceased is formally transferring the property mentioned therein to the Beneficiary/Transferee upon terms and conditions as detailed in the Deed.