AMBIGUITY AND MISUNDERSTANDING OF THE LAW IN RELATION TO AGREEMENT TO SELL AND SALE DEED
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Abstract
A sale deed is not identical to an agreement to sell of an immovable property. This paper will look from the legal position at the contrast that the sellers and buyers should be apprised of.
While buying an immovable property, people enter into an agreement with another person, i.e. the seller. The agreement may be a sale deed or an agreement to sell. In most cases, people don’t compass the difference between the two documents and tend to treat them as same. However, the situation is not so.
This paper shall look at the prior and post developments of the laws in relation to conveyance of immovable property and the rights, duties of the sellers and buyers. It will also look the present scenario in relation to the construction developers and the proposed purchasers who give their money to the developers still find it hard to get the ownership of the property.
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