RECEIPT /AGREEMENT
I__________________________- S/D/W of __________________________ R/o___________________ receive with the thanks a sum of Rs-________________(Rupees_________________________________ only) as a advance money from Shri________________S/D/W of ___________________________ R/o_____________________________ against the sales of Plot/Flat/House No._____________Block No._______________, Sector____________ measuring Area__________SqM/SqFt Allotted by ____________________________ against the total Amount settled in Rs- ________________(Rupees____________________________ only.) The Balance Amount of Rs._____________________(Rupees_______________________ only) will be paid within __________days.(Dt.__________________to Dt._______________).
The Transfer & Registration expenses along with any GST charges will be born by the intending purchaser i.e.( Registrar Fee, GPA, Affidavits, Undertaking & Others, etc)
The Interest of premium/penalties /Dues-Water, electricity, etc if any levied by GNIDA( Farmer compensation /Constructions/Lease Deed) along with any GST charges shall be paid by seller till the date of maturing the deal.1% TDS will be deducted from Seller & deposited under Form 26BQ by Buyer if the Total Cheque Transaction above 50 Lacs. ( As per Income Tax)
If the purchaser does not purchase the above-said property the above money will be forfeited & his offer will be treated as canceled. If the seller fails/refuses to sell the above-said property the seller will be return double of advance and the seller will pay 4% commission to the Broker.
% commission will be charged from Buyer/Seller separately on the Total Deal.
The Seller understands and agrees to the fact that the purchaser is buying the said Plot for Self-use or further resale and the seller has no objection to transfer the papers in the name of any third party. The seller will come to the Greater Noida Industrial Development Authority, Greater Noida office on the above date at his own expense for executing the final documents.
The property is free of any mortgages, encumbrances etc.OR Get NOC clearance & Original papers from the Mortgaged Bank where this property is mortgaged. The Seller has not taken any advance against the said property from any other party.
(PURCHASER) (WITNESS) (SELLER)
