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 A HOUSE BY AN EXECUTOR APPOINTED UNDER A WILL

THIS Deed of Sale made at ………..this………..day of…………………..20………..by A, son of B, resident of  ………..appointed as executor under the will dated ………..executed by Shri………..(hereinafter called the Vendor) In favour of Shri C, son of ………..resident of………..(hereinafter called the Purchaser).

WHEREAS

(1) C was absolutely seized and possessed of or well and  sufficiently entitled to the house bearing Municipal No . ……………….situated on………..Road .………..City, more particularly described in the Schedule hereto.

(2) The said C executed his last will and testament on ……………..wherein the Vendor herein has been appointed as an executor.

 (3) The said Vendor obtained the probate of the said will on………………  from the Court of ………..at ………..

 (4) In terms of the said Will, the legacies denoted in the said Will             and testament have to be paid, which is not possible to pay without selling a part of the estate left by the deceased.

(5) As the house mentioned in the Schedule herein was being used by the deceased alone and after his death, the house is lying vacant and the sons and daughters of the deceased are well settled outside and therefore the Vendor desired the said house to be sold to pay the legacies described in the will.

(6) The Vendor has agreed to sell and the Purchaser has agreed to purchase the said house for a price of Rs . ………..vide            agreement dated

NOW THIS SALE DEED WITNESSETH THAT in pursuance of the said agreement and in consideration of the sum of Rs . …………………. out of which a sum of Rs . ………..has been paid by the Purchaser on as earnest money (the receipt whereof the Vendor hereby acknowledges) and the payment of balance amount of Rs . ………..made by the Purchaser before the Sub­ Registrar at the time of registration of these presents (the receipt whereof the Vendor hereby acknowledges), the Vendor hereby sells, conveys and transfers to the Purchaser All that residential house bearing Municipal No . ………..situated on Road . ………..City, more particularly described in the Schedule hereto together with all lands, structures, and other buildings attached thereto, and all rights, privileges easements, and appurtenances held or enjoyed with or appurtenant to the same or reputed or known so to be to have and to hold the same unto the Purchaser as absolute owner  thereof free from encumbrances.

(2) The Vendor has delivered the possession of the house and title deeds in respect of the said house to the Purchaser before the presentation of this deed for registration.

 IN WITNESS WHEREOF the parties hereunto set and subscribed  their respective hands on the day and year first above mentioned

WITNESSES

1 .        Vendor …..

2.         Purchaser

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