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The difference between an agreement to sell and bayana lies in their nature and purpose. Agreement to sell refers to the contractual arrangements for transferring ownership in the future. Bayana refers to the advance payment made by the buyer as a amount to purchase the property.

Similar to other agreements, the Bayana agreement is a document that acts as a blueprint for the sale of the property in the future. The document mentions the amount of money paid by the buyer to the seller. Once signed and the amount is paid, it prohibits the seller from looking for other buyers.

Each Buyer and Seller should have a fully signed copy of the contract. The original signed contract should be filed (or ?recorded?) in the official county land records.

West Virginia bill of sale forms are legal documents that record the sale of property. A bill of sale should identify the buyer and seller, describe the property changing hands, and outline the terms of the sale. The forms should be retained for tax purposes, and are often required as part of the registration process.

Bayana is the Hindi term for money. However, there are two types of money or Bayana that a buyer pays to the seller during the property purchase.

The Bayana agreement is a legal document that can be acknowledged as legal proof in a court of law in the event of any dispute between the contracting parties because it is controlled by the Indian Contract Act, of 1872.