1. That the 2nd party paid a sum of nur_____ as a serious payment on the total sales of cash/Cheque/D.D. The date of _____to of the first part, the receipt of the first part is confirmed and the balance of the agreement is received by the first part of the second part at the time of the execution and registration of the sale of the property/plot. AND the First Part has agreed to sell the portion to the second part and the Second Party has agreed to acquire the same for a total sale consideration of `nur_____` on the following terms and conditions: 6. The sellers accept and declare that the land in question is not affected by an urban planning or other plan and that no notification has yet been notified to the government or the municipal corporation or any other local or public authority or agency or authority for the acquisition, requirement, re-affair or other information regarding the requirement or acquisition of that property or part of it. When it is established, before the closing of the sale, that the land in question, or part of it, is affected by a plan to improve the town planning or that it is affected in some way by a system planned or published by the municipal body or by any other public body or government, or is reserved for public purposes, the purchaser has the right to withdraw from this contract and, in this case, each party bears and bears its own costs, provided that, if the seller or one of them has received or concealed a notification mentioned above, the buyer is entitled to all costs, costs and charges incurred. 13. Sellers receive the required tax certificate pursuant to section 230A of the Income Tax Act or any other authorization from the government or other authority necessary to conclude the sale. A sales contract (SPA) is a contract between the buyer and seller of a property that requires a buyer to buy and a seller to sell a product or service. SPAs are most often found in real estate transactions in order to conclude the interests of both parties before the agreement is concluded. The sales contract generally applies to real estate such as the contract for the sale of property or rental properties, the sale of housing contracts, the sale of apartments, land, resale housing, etc.
Both parties draft a contract for the sale of a property.