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SAMSON (LAW GRADUATE)     24 June 2013

Advance agreement for sale of property

What are the important points an Advance agreement should contain when receiving advance from a purchaser of my site in Bangalore


 2 Replies

2BHelpfull (Other)     25 June 2013

terms AND condition on which advance money was received regarding which property.

terms and condition on which advance money, if there is breach, will be return to purchaser and @what interest.

terms and condition on which advance money can be forfeited.

time limit within which sale agreement will be executed. etc . etc. etc. 


please appoint a good lawyer. as he may be able to guide u depending on ur case.

Manpreet Singh Sood (Managing Partner)     25 June 2013

You should not go for an advance agreement but and MOU instead.

Advance word is very starnge qualification of agreement.

Agreement is agreement how can it be advanced?

Tell us we will draft MOU for u.


manpreet1961@gmail.com, 09417245693

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