Skip to content

Notice By Vendor To A Pre Emptor 1399 Legal Draft Template

Category Notices
Format Rich Text
File name Notice by Vendor to a Pre-emptor-1399.rtf

This is a sample legal draft for reference. Review and adapt it for your facts, and consult a qualified advocate before filing or execution.

Draft Preview

Notice by Vendor to a Pre-emptor
To
AB Date……
Re: Premises………
Please note that I intend to sell my one-third share in the property described in the Schedule hereto to CD of etc. for the price of Rs….. As you have a prior right to purchase the same under Act……of……or by virtue of the provisions of the Deed of Partition (or Agreement or Lease dated…..made between you and me) or under the prevailing customs in the locality, you are requested to signify your acceptance thereof at the aforesaid price within……..days. In case I do not hear from you about your acceptance of the offer within the time aforesaid I shall complete the sale with the said CD without reference to or regard for such right which shall be deemed as extinguished for ever.
Schedule of the Property
Yours faithfully

Another Form
Re: Premises No……..
Notice is hereby given pursuant to clause…….of the deed of partition dated……..executed between you and others of the one part and the undersigned of the other part, whereby each allottee covenanted not to sell his divided share to any outsider without first offering the same to the others. The undersigned is desirous of selling his share in the above property for which he has already received an offer for Rs…….
Please take notice that pursuant to the said pre-emption clause you are given the first choice to complete the sale of the said share of the said property at the aforesaid price within a fortnight of the receipt of this. On your failure to do so within the aforesaid period the undersigned shall close the sale with the party offering the said price of Rs…….. Dated the……day of 2005.
Yours faithfully CD
Save Judgments · Add Notes · Store Search Results · Organize Client Files Start your Free Trial