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MODEL AGREEMENT BETWEEN PROMOTERS AND FLAT PURCHASERS (UNDER THE PROVISIONS OF MOFA)
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This is a precedent of a Model Agreement between Promoters and Flat Purchasers under the provisions of MOFA for acquiring all rights, title and interest and possession of the property as per the terms of Agreement for Sale mentioned therein upon terms and conditions as detailed in the Agreement.
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MEMORANDUM OF UNDERSTANDING FOR SALE OF A FLAT
The Vendor is the Owner of a resident flat which he intends to sale to the Purchaser on the agreed terms. This is a precedent of Memorandum of Understanding (MOU) whereby the Vendor has agreed to sale the flat on agreed terms.
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AGREEMENT FOR SALE OF IMMOVABLE PROPERTY WITH AUTHORITY TO DEVELOP
The Vendor is the Owner of an Immovable property, who has agreed to sale the same to the Purchaser with authority to develop. This is the precedent of an Agreement for Sale of freehold property with authority to develop the same.
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DEED OF TRANSFER WHEREBY THE PARTNERSHIP FIRM IS TRANSFERRING THE UNIT IN THE SOCIETY TO THE RETIRING PARTNER
This is a precedent of Deed of Transfer wherein the Partnership Firm is transferring, conveying and assigning the Industrial Unit as mentioned therein to the Transferee being the Retiring Partner of the Partnership Firm upon terms and conditions as detailed in the Deed.
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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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PUBLIC NOTICE BY CO-OPERATIVE HOUSING SOCIETY FOR TRANSFER OF SHARES IN FAVOUR OF THE LEGAL HEIRS OF THE DECEASED
This is a precedent of Public Notice issued by Co-operative Housing Society inviting objections, if any, before proceeding to transfer the shares held by the deceased member of the society in favour of the legal heirs of the deceased.
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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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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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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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THE DECREE/ JUDGMENT PASSED IN APPEAL COURT SUBORDINATE TO HIGH COURT/APPELLATE TRIBUNAL UNDER RERAÂ CAN BE CHALLENGED BY WAY OF AÂ SECOND APPEALÂ BEFORE THE HIGH COURT (SECTION 100 OF CODE OF CIVIL PROCEDURE, 1908)
The Decree/Judgment passed by any Appellate Civil Court in the appeal which Court is sub ordinate to High Court can be challenged by way of a Second Appeal before the High Court. This is a precedent of Second Appeal to High Court under Section 100 of Code of Civil Procedure, 1908. This precedent will be also helpful for an Appeal to High Court under Section 58 of The Real Estate (Regulation and Development Act, 2016 (RERA).
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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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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 INDEMNITY FOR ISSUANCE OF DUPLICATE SHARE CERTIFICATE BY THE CO-OPERATIVE HOUSING SOCIETY
This is the precedent of a Deed of Indemnity wherein the obligor makes an Application to the society for issuance of duplicate share certificate on account of the loss of the original share certificate in respect of the premises as detailed therein.
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