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Example: 'X' agrees to sell 10 bags of Rice to 'Y' for Rs. 5,000 after getting the stock. The seller can sue the buyer in case of breach of contract. The seller can sue the buyer only for damages but not for the price.

A strong purchase agreement will include: Buyer and seller names and contact information. Description of goods, services, or property being purchased. Payment amount, dates, and method. Liability of each party in the case of loss, damage, or delivery failure.

Elements of a sales agreement Buyer and seller names and contact information. Description of goods, services, or property being purchased. Payment amount, dates, and method. Liability of each party in the case of loss, damage, or delivery failure.

Just before the final deed and registration an amount agreeable to both the parties or minimum 10% of the Total amount need to be paid to the owner.

The general rule is that an estate has to be probated within 3 years of when the decedent died. However, this deadline doesn't apply to: A voluntary administration. Determining heirs.

If the person died without a will, you can still proceed with informal probate if there is no dispute regarding the identity of the heirs. Formal probate means that the estate must be opened by filing a petition for a hearing before the probate court and can mean continued involvement of the court.