4. You cannot sign the deed of sale and not register it. An unreged sales document is waste paper. While this is the issue of limitation, the Statute of Limitations provides that the buyer has the right to file the remedy for performance of certain contracts within three years from the date of appearance of the plea. Thank you for your opinion, Mr Vishal, sir. Although I mentioned in another thread about the deadline and non-compliance by the buyer, some of your colleagues have just explained here that the buyer has the right /the possibility to impose the sale within 3 years. It didn`t make sense to me, neither general nor legal, and so this new thread. Again, thank you for answering my question, Sir. 4) Registration may take place within 4 months of the execution of the deed of sale. If the seller is ready, a certificate of sale can be executed What the contract of sale creates is a right for the buyer to buy the property in question under certain conditions.
Likewise, the seller obtains the right to obtain the consideration of the buyer if his part of the general conditions of sale is respected. Remember here that both parties must comply with the conditions set out in the sales contract. Any party that fails to comply with any of the conditions set out in the agreement may be brought before the courts if the other party so wishes. All parties concerned should also ensure that this document can be invoked as legal evidence before the courts of the law and that all those who have agreed to comply with the conditions are legally bound by it. Even if the signing of the sales contract does not mean that the sale is over, it is a decisive step in this direction. For this reason, buyers need to know precisely the conditions set out in the agreement. (1) The parties may decide by mutual agreement to extend the period within which the sale is to be concluded. No need to register a new agreement 2. Convince the seller that the payment of money by bank loans takes much longer than 45 days and therefore the sales contract revalidates and ask the seller not to resort to the clause of violation of the contract of sale. This absolute rule is subject to the exception provided for in Section 53A of the Transfer of Ownership Act. Section 53A provides that the seller has no right to disturb the ownership thus granted to the buyer, which is the subject of the transfer, while fully aerating to its part of the obligation of the contract.
It should be noted that Article 53A offers the proposed buyer protection against the contemptuous and pours out the contemptuous of the buyer`s troublesome property, but it does not heal the buyer`s ownership of the property. Ownership of the property remains in the hands of the seller. “A contract for the sale of immovable property is a contract that acquires that property under the terms agreed between the parties” – Section 54. . . .