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That on or before _____________, the FIRST PARTY will execute and get the Sale Deed of the said portion of the said property registered, in favour of the SECOND PARTY or his nominee/s, on receipt of the full and final balance amount, failing which either party shall be entitled to get the Sale Deed registered through ...

Essentials of an agreement to sell Presence of two parties: There must be two parties in an agreement to sell, one is the seller and the other is the buyer. Competency of parties: It is essential that both the parties must be of sound mind and shall make the agreement without any coercion and undue influence.

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.

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.

Bayana is a formal agreement written on stamp paper with related conditions set by both the buyer and the seller. It is usually paid one week after the money. Terms include the time frame for the property transfer and the payment of the remaining amount, which is often between 10 to 30 days but can be more.

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.