What are the Documents Required to Make Sale Agreement?

Creating a sale agreement for a property involves several key documents to ensure the transaction is legally binding and transparent. Here are the essential documents required for agreement to sale:

• Title Deed: Proof of ownership of the property.

• Sale Deed: The main document that transfers ownership from the seller to the buyer.

• Agreement to Sell: Outlines the terms and conditions of the sale.

• Encumbrance Certificate: Confirms that the property is free from any legal dues.

• Property Tax Receipts: Proof that all property taxes have been paid.

• No Objection Certificate (NOC): From the relevant authorities, if required.

• Identity Proofs: Both buyer and seller need to provide valid ID proofs (e.g., Aadhaar card, PAN card).

• Address Proofs: Both parties need to provide valid address proofs.

• Bank Statements: To show the financial transactions related to the sale.

• Power of Attorney: If the transaction is being carried out by someone other than the owner.

I hope you get an idea of the documents required for sale agreement.

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To make the sale agreement successfully and legally, then you will need some essential documents. I’ve provided a list of documents required for sale agreement. You can go through the same. 

What are the Documents Required for Agreement to Sale?

• Identification Proof

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Both the seller and buyer should provide copies of their identification proofs, such as PAN card, Aadhar card, passport, or voter ID card.

• Address Proof

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Similarly, copies of address proofs, such as Aadhar card, passport, utility bills (electricity, water, gas), or rental agreement, should be provided by both parties.

• Property Documents

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The seller should provide copies of the property's ownership documents, such as the title deed, sale deed, and any previous sale agreements.

• Sale Agreement Form

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This document outlines the terms and conditions of the sale, including the sale price, payment terms, possession date, and any other relevant clauses. It should be drafted carefully to ensure all aspects of the sale are covered.

• Stamp Duty

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Depending on the state laws, stamp duty may be applicable to the sale agreement. This involves purchasing stamp papers of requisite value and getting the agreement printed on them.

• Witnesses

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Some states require witnesses to sign the sale agreement. These witnesses should provide their identification proofs as well.

• No Objection Certificate (NOC)

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In some cases, especially for properties under housing societies or other regulations, a NOC from the relevant authority may be required.

• Encumbrance Certificate

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This document certifies that the property is free from any legal dues or encumbrances. It may be required by the buyer as proof of clear title.

This is the complete list of

documents required for sale agreement

.

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Hi Buddy,

A sale agreement is a contract to sell a property in the future. The terms and conditions under which the property in question will be transferred are specified in this agreement.

According to my information, the documents required for the sale agreement are as follows;

• parties involved names (buyer and Seller)

• photographs of the buyers and sellers, as well as their PAN cards

• the individual who purchased the stamp's name

• stamp duty fees in total

• 2 witnesses' names and addresses

• conveyance Deed/Draft of Sale Deed/Title Deed

• extracts from the Khata Certificate

• the total worth of the agreement, as well as all financial details (including TDS payment) and a receipt for the registration fee paid

• 7/12 extract or Records of Rights and Tenancy Corps (RTC) or Power of Attorney if any

• a copy of all previously registered agreements (in case of resale property)

• the Statutory Authority has approved the building plan

• if the property has a loan on it (past or present) / Original Property Documents with the bank

• the GPA (joint development agreement) and the Sharing/Supplemental Agreement (supplementary agreement) between the landowner and the builder

• all of the landowner's title documents allotment NOC from the apartment association. Letter from the builder/co-operative Society/housing board/BDA (in case of resale property)

• agreement with the seller on the sale

I hope this helps:)

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