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In a sale agreement, the buyer is responsible for paying the stamp duty which is calculated at 0.1% of the market value of the property. In Karnataka, the minimum amount of stamp duty that a buyer has to pay is ?500.

_________/- (Rupees ____________________________), will be received by the FIRST PARTY from the SECOND PARTY, at the time of registration of the Sale Deed, the FIRST PARTY doth hereby agree to grant, convey, sell, transfer and assign all his rights, titles and interests in the said portion of the said property, fully ...

Definition: in case where the seller agrees with the buyer to transfer the title of ownership on a future date upon satisfying certain condition is called as 'Agreement to Sale'. Example: 'X' sold 10 bags of Wheat to 'Y' against payment of Rs. 3,000. Example: 'X' agrees to sell 10 bags of wheat to 'Y' for Rs.

A sales and purchase agreement (SPA) is a binding legal contract that obligates a buyer to buy and a seller to sell a product or service. SPAs are often used in real estate deals or when two parties are transacting a large item or a large number of items.

An agreement to sell is a promise in future that the property will be transferred to the rightful owner, while the sale deed is the actual transfer of property ownership to the buyer.

At its most basic, a purchase agreement should include the following: Name and contact information for buyer and seller. The address of the property being sold. The price to be paid for the property. The date of transfer. Disclosures. Contingencies. Signatures.