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The advance sum paid by the buyer to join into a sale agreement with the seller is known as bayana or money.

Agreement to sell or Deed of Agreement is registered for sale of leasehold property or when there is a promise to transfer in future. As the name specifies, Agreement to sell is registered when the seller is not the absolute owner of the property & agrees to sell the property as the title vests with the government.

The bayana agreement must be countersigned by the parties, and there should be one witness from both sides of the parties before whom the entire procedure takes place. Before paying the money, make sure that the property is registered in the name of the seller to whom the bayana is paid.

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.

The Agreement to Sell includes all the terms and conditions agreed upon by both parties. Generally, in India, sale agreements are made before registering the sale deed so that all conditions can be negotiated and finalized between the parties before making it legally binding.

On 50 rs stamp paper of bayana agreement, there is one option of property purchased by . In this column seller gives his name and one more column stamp duty paid by in this also seller gives his name.