Sample Letter of Agreement to Sell Property in India

Before selling a property in India, it is necessary to draft a letter of agreement between the buyer and the seller. The agreement should outline the terms and conditions of the sale, including the price, payment terms, and any other pertinent details. A well-drafted agreement can prevent future disputes and ensure a smooth transaction for both parties.

Here is a sample letter of agreement to sell property in India:


[Buyer`s Name and Address]

Dear [Buyer`s Name],

I, [Seller`s Name], am the owner of [Property Address] and have agreed to sell the property to you for the purchase price of [Purchase Price]. The details of the sale are as follows:

1. Purchase Price: The purchase price of the property is [Purchase Price].

2. Payment Terms: You shall make the payment of [Purchase Price] to me in the following manner:

a. Advance Payment: You shall make an advance payment of [Advance Payment] on the signing of this agreement.

b. Balance Payment: The balance payment of [Balance Payment] shall be made within [Time Frame] from the date of the advance payment.

3. Property Description: The property is described as [Property Description].

4. Title and Ownership: I am the legal owner of the property and have the full authority and right to sell the property. The property is free from any legal disputes, charges, and encumbrances.

5. Possession: The possession of the property shall be transferred to you on the date of the final payment.

6. Taxes and Expenses: You shall be responsible for paying taxes, registration fees, stamp duty, and any other expenses related to the sale.

7. Representations and Warranties: I hereby represent and warrant that:

a. I am the sole owner of the property and have the right to sell the property.

b. The property is free from any liens, encumbrances, or other restrictions.

c. All taxes, fees, and other charges related to the property have been paid.

d. There are no legal disputes pending against the property.

8. Governing Law: This agreement shall be governed by and construed in accordance with the laws of India.

This agreement constitutes the entire understanding between the parties and supersedes all prior communications, representations, or agreements, whether oral or written.

Please sign and return a copy of this agreement to indicate your acceptance of the terms and conditions.


[Your Name and Address]

[Buyer`s Signature]