Sale Deed Of Land With Buildings Legal Draft Template

This Deed of Sale is

made at ............ this .................. day of......................,

2000, between Shri ...............................son of

............................................. residing at

............................... hereinafter referred to as 'Vendor No. 1'

(which expression shall unless the context or meaning be otherwise repugnant

mean and include his heirs, legal representatives, executors, administrators,

assigns) of the FIRST PART and Smt. A, wife of Shri

...................................... residing at

.............................. hereinafter referred to as "Vendor No. 2"

(which expression shall unless the context or meaning be otherwise repugnant

mean and include her heirs, legal representatives, executors, administrators,

assigns) of the SECOND PART and M/s. , a firm registered under the

Indian Partnership Act, 1932 and carrying out its business at

.................................... represented by the two partners.i.

Shri

M residing at ...................................ii.

Shri

N residing at, ................................................ hereinafter

referred to as "Vendor No. 3" (which expression shall unless the

context or meaning thereof be otherwise repugnant mean and include the heirs,

legal representatives, executors, administrators, assigns) of the deceased

partners and the partners and the partners for the time being of the THIRD PART

in favour of the . a company incorporated under the Companies Act, 1956

and having its registered office at ............................ hereinafter

referred to as "the Purchaser" (which expression shall unless the context

or meaning thereof be otherwise repugnant mean and include its successors and

assigns).Whereas the Vendor

Nos. 1 and 2 are absolutely seized and possessed of or otherwise well and

sufficiently entitled to the piece and portion of land in plot

No................. admeasuring .................. sq. metres

(.................. sq. fts) or thereabout comprising plot area of

................ sq. mts. ( .................. sq. fts.) and the area under

approach road admeasuring ........... sq. mts. (....................... sq.

fts.) in the layout bearing .................... dated ...............

sanctioned -by the .................... Municipal Corporation and comprised in

Survey No .................... at ............... .................... more

particularly described in the First Schedule hereunder written and delineated

on the plan hereto annexed and thereon shown surrounded by a red coloured

boundary line (which piece of land is hereinafter referred to as the said

land).And Whereas the

Vendor Nos. 1 and 2 party as the owners of the said land made an application to

the Government of ........................................ under section 21 of

the Urban land (Ceiling and Regulation) Act, 1976 (hereinafter referred to as

"the Said Act") for the exemption of plots of land admeasuring

...................... sq. mts. from the provisions of Chapter Ill of the said

Act and granting permission for its sale.and Whereas an order

No. ULC ................ dated ......................... was passed by the

Government of .................. under section 21 of the Urban Land (Ceiling

and Regulation) Act, 1976 and modified vide letter No ......................

dated ................ exempting the land described in the Recital B from the

provisions of Chapter Ill of UL (C&R) Act, 1976 and permitting the Vendor

Nos. 1 and 2 to sell the said land with buildings to the ... Ltd. the

purchaser herein subject to the conditions mentioned therein.And Whereas by an

Agreement for sale dated .................. made between the purchaser and the

Vendor No. 3 . and confirmed by the Vendor Nos. 1 and 2 (hereinafter

referred to as "The said Agreement") and Vendor No. 3 has agreed to

procure for construction the said land and to construct ................

residential buildings consisting of ..................... flats/tenements as

per plan approved by the .................. Municipal Corporation and as per

designs and specifications required by the purchaser at the rate and on the

terms and conditions contained in the said Agreement.And Whereas the

Additional Collector, .................... has granted permission for

non-agricultural use of the land for construction of residential buildings on

the said land by order No. ............... dated ..................And Whereas pursuant

to the said agreement the Vendor No. 3 called upon the Vendor Nos. 1 and 2 to

execute the conveyance of the said land together with the buildings constructed

thereon in favour of the purchaser and the Vendor Nos. 1 and 2 have agreed to

do so on the vendor No. 3 joining in the execution of this present as the

Vendor No. 3.And Whereas the

Vendors are desirous and have agreed to sell unto the purchaser the said land

with three buildings containing ....................... tenements

................ sq. fts. of built-up area which includes over and above the

sanctioned rate of Rs . ................ per sq. ft. an extra rate of Rs .

............... per sq. ft. for providing extra amenities, superior

specifications and additional developments and the purchaser has agreed to

purchase them for the total price of Rs . .............. of which Rs .

................... and Rs . ................. are payable to the Vendor No. 1

and Vendor No. 2 respectively.Now this Deed of Sale

Witnesseth as Follows:That in pursuance of

the said agreement and in consideration of the sum of Rs . ...................

(Rupees .......................... only) paid on or before the execution of

these presents, by the Vendor No. 3 to the Vendor Nos. 1 and 2 in further

consideration of the sum of Rs. .................... (Rupees

......................... only) paid on or before the execution of these

presents, by the Purchaser to the Vendor No. 3 (the receipt and payment of

which the vendors do hereby acknowledge, and admit and of and from the same and

every part thereof, do hereby acquit and release and forever discharge the

purchaser), the vendors do hereby GRANT, CONVEY, SELL, TRANSFER AND ASSURE unto

the purchaser, its successors, assigns and administrators-in-interest ALL THE

SAID land more particularly described in the First Schedule hereunder written

together with the three buildings consisting of ....... flats and all ways,

paths, passages, easements, privileges, trees, appurtenances, whatsoever to the

said plot or in any way appertaining to the same and/or any part thereof now or

at any time heretofore usually held, used, occupied or enjoyed therewith or

reputed to be so held, used, occupied or enjoyed and all the estate, right,

title, interest, claim and demands whatsoever both at law or in equity of the

vendors into or out of the said plot, hereby granted, conveyed, sold,

transferred and assured or otherwise expressed and intended so to be UNTO AND

TO THE use of the purchaser absolutely forever and absolutely free from all

encumbrances, claims, SUBJECT HOWEVER to the payment of all rates, taxes,

assessments, dues and duties chargeable upon the said plot and payable to the

Government or the Municipal Corporation of the City of .................... or

any other authority in respect thereof and the vendors do hereby covenant with

the purchaser that notwithstanding any act, deed or thing by the vendors done

or executed or knowingly suffered to the contrary, the vendors now have in

themselves good right, full power and absolute authority to grant, convey,

sell, transfer and assure the said land with the buildings hereby conveyed and

assured or expressed and intended so to be unto and to the use of the purchaser

in the manner aforesaid and that the purchaser shall and may at all times

hereafter peacefully and quietly possess and enjoy the same and receive the

rents and profits thereof without any lawful eviction, interruption, claim and

demands whatsoever from or by the vendors or by any other person or persons

lawfully or equitably claiming by, from, under or in trust for the vendors and

that free and clear and freely and clearly and absolutely acquitted,

exonerated, released and forever discharged or otherwise by the vendors well

and sufficiently saved, defended or kept harmless and indemnified, or from and

against all estates, claims, charges, encumbrances whatsoever heretofore made,

executed, occasioned or suffered by the vendors or by any person or persons

lawfully claiming or to claim by, from, under or in trust for them and the

vendors and all other persons claiming by from / or under the vendors shall and

will from time to time and at all times hereinafter at the request of the

purchaser execute, make or perfect or cause to be executed, made or perfected

all such acts, deeds, things and assurances whatsoever for further and more

perfectly assuring the said land and building constructed thereon and every

part thereof UNTO AND TO THE USE of the Purchaser as shall or may be reasonably

required.AND THIS INDENTURE

FURTHER WITNESSETH that in pursuance of the said Agreement and in consideration

of the premises the vendors with intent to bind so far as they can, call upon

all persons into whose custody the deeds and writing comprised in the Second

Schedule hereunder written shall come DO FURTHER COVENANT with the purchaser,

its successors and assigns that the vendors shall and will unless prevented by

fire or some other inevitable accident from time to time and at all times

hereafter upon every reasonable request and at the cost of the purchaser or any

person or persons having or lawfully or equitably claiming through the

purchaser, its successors and or assigns any estate or interest in the said

land described in the First Schedule hereunder written or any part thereof

produce or cause to be produced to the purchaser and other person or persons as

aforesaid or its/their solicitors, advocates or agent or the person or persons

so requiring production of the said deeds and writings comprised in the Second

Schedule hereunder written at any trial, hearing, commission or examination or

in the course of any judicial or other proceedings or otherwise as occasion

shall require all or any of the said deeds and writings comprised in the Second

Schedule hereunder written which relate as well as to the said land as also to other

land belonging to the vendors and the possession of which is retained by the

vendors for the proof, defence and support, of the title of the purchaser, its

successors and assigns or any other person or persons as aforesaid to the said

land described in Schedule 1 hereunder written or any part thereof and will

permit the same to be examined, inspected or given in evidence and will also at

the like request and cost of the purchaser, its successors or assigns or any

other person or persons as aforesaid made and furnish or cause to be made and

furnished to it/or them such true attested or other copies or abstracts of or

extracts from the same deeds and writings respectively or any of them as it or

they may require and shall and will in the meantime unless prevented as

aforesaid keep the same deeds and writings safe, whole, uninjured,

unobliterated and uncancelled. Provided always and it is hereby declared that

in case the vendors or their successors and assigns shall deliver the said

deeds and writings or any of them to any further purchaser or purchasers of any

of the land hereditaments and premises to which the same may relate or to any

other person or persons for the time being entitled to the custody of the said

deeds and writings and shall thereupon at their own costs and charges procure

for such purchaser herein, its successors and assigns similar in all respect of

the covenant hereinbefore contained then and in such case and immediately

thereupon the said mentioned covenant shall cease and be null and void so far

as regards the deeds and writings to which the said substituted covenant shall

relate.The Vendor No. 3

hereby confirms the sale between the vendors and the purchaser of the said land

and has executed this Deed as Vendor No. 3.IN WITNESS WHEREOF,

the vendors hereto have hereunto set their respective hands on the day, month

and year first hereinabove written.First Schedule above

referred to(Description of the

said Land)Second ScheduleList of Documents

retained and covenanted to be producedSigned and delivered

by the within named vendorNos. 1 and 2 by their

duly constituted AttorneyShri

................................Signed and delivered

by the VendorNo. 3 ,by Shri M and Shri N,

partnersWITNESSES;Received the day and

year first hereinabove written a sum of Rs . .................... (Rupees

............................ only) being the full consideration money as within

mentioned payable to the vendor No. 1.I say received(Vendor No. 1)Received the day and

year first hereinabove written a sum of Rs. .................. (Rupees

........................................... ) being the full consideration

money as within mentioned payable to the vendor No. 2.I say received(Vendor No. 2)Received the day and

year first hereinabove written a sum of Rs. ....................... (Rupees

....................................... ) being the full consideration money as

within mentioned payable to the vendor No. 3.We say receivedfor ..WITNESSES 1 . 1.2.