The meaning of a sale agreement with possession is easy. It is an agreement or instrument that requires payment of the applicable stamp duty on a deed of conveyance. In simpler terms, it is an agreement that combines the sale transaction and the transfer of possession into a single contract.
In a Sale Agreement with Possession, the seller agrees to sell the property or goods to the buyer, and the buyer agrees to purchase them. At the same time, the seller also agrees to transfer possession of the property or goods to the buyer upon the fulfilment of certain conditions, usually the payment of the purchase price.
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What is the meaning of Sale Agreement with Possession?
Srilakshmi
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1 Year
2023-06-27T09:00:14+00:00 2023-06-27T16:58:18+00:00Comment
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