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WHEREAS the Vendor abovenamed on the date of these presents is seized, possessed of and is otherwise well and sufficiently entitled to all that __________________________________________________________________________________________________

__________________________________________________________________________________________________________

__________________________________________________________________________________________________________

hereinafter referred to as the ‘SAID PROPERTY”.

WHEREAS the Vendor has agreed to sell/transfer and the Vendee has agreed to purchase the said property for a lumpsum sale price of Rs ._________________________________________________ free from all claims, liens, charges and encumbrances whatsoever.

NOW THEREFORE THIS AGREEMENT WITNESSETH AS UNDER:-

1. That the Vendor has received from the Vendee a sum of Rs. ______________________________________________________ being the full and final settlement of sale consideration of the said property, receipt of which the Vendor doth hereby fully admit and acknowledge.

2. That the Vendor at the date of these presents has handed over the vacant and peaceful physical possession of the said property alongwith all original relevant documents of the said property to the Vendee at the date of these presents.

3. That the Vendor shall be liable to pay all dues, debts and taxes, due, in respect of the said property upto the date of these presents and thereafter the same shall be borne by the Vendee.

4. That the Vendor covenants with the Vendee that the said property is his/her own, separate, exclusive, individual and absolute property which is free from all sorts of claims, liens, demands, charges and encumbrances whatsoever and the Vendor he/she has good right, full power and lawful authority to sell the same to the Vendee.

5. That in case at any later stage it is found that the title and rights of the Vendor were legally defective and there were found any impediments in the transfer in favour of the Vendee, the Vendor hereby undertake and agree to fully secure and indemnify the Vendee against all accruing losses, claims, demands, dues, litigations, objections, suffered or paid by the Vendee owing to in accuracy of the matters relating to the sale of the said property.

6. That the Vendee has the option that he may get transferred the said property in his own name or in favour of any other nominee or nominees and that the Vendor hereby undertakes and agrees to sign the relevant transfer documents accordingly.

7. .That this agreement shall be binding on the parties hereto as well as there representatives, successors, legal heirs and representatives and shall be irrevocable as far as the Vendor.

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VENDOR’S SIGNATURE

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VENDEE’S SIGNATURE

Contd…p/3