The Real Estate Legal Toolkit: Essential Contracts for Land Acquisition, Conveyance, and Development

Document NameCategoryCore Purpose & Scope
STATEMENT OF TRANSFER OF IMMOVABLE PROPERTY FOR OBTAINING NO OBJECTION CERTIFICATE FROM APPROPRIATE AUTHORITY, INCOME TAX DEPARTMENTStatutory FormForm No. 37-I under Rule 48L / Sec 269UC of Income-tax Act, 1961 to furnish property transfer details for NOC from Appropriate Authority.
SALE OF PROPERTY TO VARIOUS PURCHASERS IN DIFFERENT PORTIONSSale DeedConveys specific separate portions of a single property to multiple individual purchasers.
SALE OF PROPERTY TO VARIOUS PURCHASERS AS TENANTS INCOMMONSale DeedTransfers property to multiple buyers jointly as tenants-in-common in equal undivided shares.
FORM OF DECLARATION BY THE SOLE OWNER OR OWNERS OF THE LAND FOR SUBMITTING THE LAND AND BUILDINGS UNDER MAHARASHTRA APARTMENT OWNERSHIP ACT, 1970Statutory DeclarationSubmits land and constructed buildings to the condominium framework under the Maharashtra Apartment Ownership Act, 1970.
DEVELOPMENT AGREEMENT BY THE LANDLORDS IN FAVOUR OF A BUILDERDevelopment AgreementAppoints a developer/builder to construct buildings on landlord property, handle ULCR NOCs, and manage flat allotments.
DEED OF APARTMENTConveyance DeedGrants proprietary rights to an individual apartment along with an undivided share in common areas under Sec 12 of the Maharashtra Apartment Ownership Act, 1970.
AGREEMENT FOR SALE OF FLAT BY A FLAT PURCHASER, WHEN CO OPERATIVE SOCIETY HAS NOT BEEN FORMED AND FLAT IS NOT READYTripartite AssignmentAssigns flat buyer’s purchasing rights under an uncompleted building project to a new transferee with builder confirmation.
SALE DEED OF A HOUSEConveyance DeedAbsolute transfer of residential house and freehold land parcel to the purchaser free from encumbrances.
SALE DEED IN RESPECT OF LEASEHOLD LANDLeasehold AssignmentTransfers remaining leasehold rights in sub-divided plots and structures with ULC permission.
AGREEMENT FOR TRANSFER OF DEVELOPMENT RIGHTSTDR / Sub-DevelopmentGrants construction rights for specific buildings within a larger complex/layout to a developer.
SALE BY OFFICIAL LIQUIDATOR OF THE COMPANYCourt / Liquidator SaleConveyance of company property sold via court-sanctioned public auction by an official liquidator.
PACKAGE DEAL AGREEMENT FOR SALE OF FLATS IN BULK TO A PURCHASERBulk Sale AgreementContract to construct and sell multiple buildings/flats in bulk to a corporate buyer for executive/staff housing.
SALE BY THE MANAGER OF THE ESTATE OF A LUNATICFiduciary Sale DeedCourt-permitted sale of a property by an appointed manager on behalf of an insolvent or incapacitated individual.
SALE DEED BY LIQUIDATOR IN THE VOLUNTARY WINDING UP OF THE COMPANYLiquidator ConveyanceTransfers company real estate during voluntary winding up by a liquidator pursuant to member resolutions.
AGREEMENT FOR SALE OF AN APARTMENTAgreement for SaleContract for sale of an apartment under construction, setting installment payments, completion terms, and statutory compliance.
SALE DEED BY LIQUIDATOR IN THE VOLUNTARY WINDING UPLiquidator ConveyanceDeed executing sale of company properties in voluntary liquidation following public advertisement and agreement.
SALE OF A HOUSE BY AN EXECUTOR APPOINTED UNDER A WILLExecutor Sale DeedConveys residential property by a probated Will executor to pay estate legacies and debts.
AGREEMENT FOR SALE FOR PURCHASE OF A PLOT FOR CONSTRUCTING FLATSLand Sale AgreementVendor agreement to sell a freehold plot of land to a developer company for constructing residential flats.
AGREEMENT FOR SALE OF A HOUSEProperty Sale AgreementContract outlining standard terms, earnest money, title inspection, and breach conditions for purchasing a house.

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SALE OF PROPERTY TO VARIOUS PURCHASERS AS TENANTS‑INCOMMON

HIS Deed of Sale made at ………..this ………..day of……………….20………..between A, son of ………..resident of ……….. (hereinafter referred to as the Vendor) of………..the ONE PART and (i) B, son of ………..resident of…………………………    (ii) C, son of             resident of ………………………….           (iii)D, son of ………..resident of ..……………………………(hereinafter collectively referred to as the Purchasers) of the OTHER PART.

THIS DEED WITNESSETH AS FOLLOWS

In consideration of Rs . ………..paid to the  Vendor by the urchaser in equal shares (the receipt whereof the Vendor hereby             acknowledges), the Vendor hereby grants, conveys, transfers and sellsto the Purchasers all that property described in the Schedule hereto, to  have and to hold the same unto the Purchasers as absolute owners in equal shares free from encumbrance or charge.

 AND THE VENDOR COVENANTS with the Purchasers that they, the Purchasers may at all times hereafter possess the said property and enjoy the said property hereby conveyed, transferred and sold to them without any obstruction, interference or hindrance by or on behalf of the Vendor or any person or persons claiming under or through him.

AND THE VENDOR at any time hereafter at the request and cost of the Purchasers do and execute all such acts, things and deeds as may be reasonably required more effectively to transfer and assure the property hereby sold, transferred and conveyed to the Purchasers.

IN WITNESS WHEREOF the parties have hereto set and subscribed their respective hands on the day and year first abovementioned.

:The Schedule above referred to

WITNESSES

1 .        Vendor

2.         Purchaser

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