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kamalesh annamalai sivanandan   30 November 2022

Sale agreement doubt

Hi Experts,

We have booked an apartment for buying, recently. We have paid 40% of the amount.
The apartment authorities has given us the sale agreement and construction agreement. In both of these agreements, the signing authority have provided his full signature only in first page and last page. But in the middle pages, he has provided only his initials. (His initials in middle page and his full signature does not even coincide. They look totally different.) All the pages have the apartment seal. Does these agreements valid legally ?


Learning

 4 Replies

Shashi Dhara   30 November 2022

Register it in sub registrar office to legalise it.

1 Like

kamalesh annamalai sivanandan   30 November 2022

Hi Shashi Dhara,

we have done only the part payment (40%). This agreement will be only for that part payment. so there will be another agreement when we have the full payment. Authorities said that the full payment agreement will be registered. My doubt is like , since there is a difference in signature, is it valid ?

kavksatyanarayana (subregistrar/supdt.(retired))     30 November 2022

The part payment of consideration is not a question to do registration but it shall be clearly mentioned in the agreement that the remaining amount will be paid in six months or a year.  Then it will be registered.  First, take all the link documents and plan etc, for all purposes.

1 Like

Dr J C Vashista (Advocate)     01 December 2022

Well analysed and advised by experts, I concur.


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