Difference between "agreement to sell" and "sale agreement"


What is the legal difference between "Agreement to Sell"   and   "Sale Agreement" with respect to land purchase agreement?

 
Reply   
 
Advocate/Attorney

Not much difference.For immovable properties it is mentioned as Agreement of sale. For movables it is mentioned as Sale Agreement.

 
Reply   
 



Thank you Ravinder ji.

Also request if you can advice on that once the "Sale Agreement" is signed by both the parties, how many days the law permits to get it registered in Karnataka... Thanks

 
Reply   
 
Advocate/Attorney

For movable property registration is not cumpulsory, it is optional. Whereas, for movable properties registration is cumpulsory.  Agreement cannot be registered.  Only sale deed can be registered.  For agreement registration is not necessary. 

 
Reply   
 
Advocate

The deed for agreement to sell an immovable property is to be registered compulsorily otherwise it will be held invalid and cannot be enforced in law as per the latest supreme court ruling. The registration is to be done immediately.

 
Reply   
 

Dear Friend, It is not a hard rule that needs explanation." Agreement to Sell" meaning Selling Agreement,where there is no  sale complete, or the sale is not yet complete. An Agreement is made to sell the property. It is a Pre-Sale Agreement. Whereas the Sale Agreement means agreement which shows sale as being completed,ready to be registered. The English words "to sell" shows incomplete sale, and Sale and Agreement are two nouns,each is complete in itself. If any more clarification is required please go ahead and read such articles in my blog: http://youradvocateonline.blogspot.com  or contact me on 9677005212 / 9444587777 / drrslouie@gmail.com

Adv. Dr.R. Stephen Louie 

 
Reply   
 
advocate

the difference is like left side and left hand side thats it 

 
Reply   
 

LEAVE A REPLY


    

Your are not logged in . Please login to post replies

Click here to Login / Register  



 

  Search Forum








×

Menu

Post a Suggestion for LCI Team
Post a Legal Query
CrPC MASTERCLASS!     |    x