Ved Legal comprises of a dedicated team of experts. We offer a multitude of services in the areas of Co-operative and Property law, but we are best known for our expertise in the Co-operative field i.e. Society Formation/Registration as well as Deemed Conveyance, Conveyance thereof. We have vast experience in representing our clients in matters of Society Formation, Deemed Conveyance, and Recovery. We also undertake different types of property matters including Conveyances, Agreements (Rent, Lease and Leave & Licenses), Partnership Firms & Its Registration, Wills, Probates, Succession, Contracts etc..

Transfer of Immovable Property by various Modes undertaken by Advocates of Ved Legal:-
Immovable Property has greater significance for an agreement to sell, mainly because such sales are complicated affairs requiring numerous documents and legal procedures. This necessitates detailed understanding and description of the entire procedure and roles of the parties. Thus, for a sale of immovable property, the first step is to draft an agreement to sell.

What Is An Agreement To Sell?
An Agreement to sell is by nature a memorandum of agreement wherein the terms and condition of a prospective contract of sale is enumerated along with the proposed consideration and details of payment. It is a document of major importance in a sale of immovable property. It is the document on which the Deed of Sale is based on. It enables the process of sale to happen smoothly by describing the steps in detail. This helps in creating a better understanding between the parties and their individual roles in the sale.

An Agreement to Sell includes matters like:

Proposal to purchase and agreement to sell
Detailed description of the property
Proviso requirement of good marketable titles and no encumbrances
Payment details including earnest money
Delivery of original documents on payment
Drafting of sale deed and registration of the same if titles found good
Method of delivery of property
Refund of earnest money in case of improper titles
Remedies for non-completion of sale on part of vendor including specific performance and bearing of expense of proceedings
Forfeiture of earnest money, if purchaser fails to complete the sale
Action if the property is affected by notice from government authorities.
Production of tax related certificates
Schedule description of the property
Memo of consideration for earnest money received
All other matters incidental to the proposed Sale
An Agreement to Sell thus shows the willingness of the parties to sell/buy a property in question and culminates in creation of the actual sale deed. It cannot be called a Sale Deed because it does not create any rights on the property for the buyer.

What Is A Sale Deed?
A deed of sale is a document that actually transfers the rights associated with a property from one party to another. It is usually drafted as a continuation of the agreement to sell. All the terms and conditions mentioned in the former would be fulfilled and observed in a deed of sale. Following are some of the points that are mentioned in a Sale Deed.

Description of the ownership and property,Clear titles verified by the purchaser,Reference to the Agreement to Sell and the price details, Release/discharge of the property with description of facilities measurements, privileges, easements and other rights, Transfer of all rights, interests, claim, demand whatsoever of the property, Facilitating peaceful enjoyment of the property without hindrance, Indemnifying the purchaser against losses arising out of negligence/actions of seller or heirs
Full authority of vendor to sell.
In short, a Sale deed mentions more of the transfer of property and rights which forms the crux of it. All other terms and conditions are mentioned in the agreement to sell. Therefore, the Sale Deed can be drafted briefly.

Key Differences Between Sale And Agreement To Sell
A sale implies immediate transfer of property. It is accomplished through a Sale Deed, while an agreement to sell implies future transfer.
Risks are transferred immediately in Sale, whereas they remain with the seller in case of Agreement to Sell.
A Sale is an executed contract, while an Agreement to Sell is an executory contract.
Breach of Sale can result in a suit for price as well as damages, while any breach of terms of an Agreement to Sell can result only in suit for damages.
A Sale Deed is a compulsorily registrable instrument whereas an Agreement to Sell is subject to laws of the particular state.