Law chamber
PAVANANJAYA
19 Years Exp
Sale Agreement/Deed Review (Show More)
Dakshina Kannada , Kodiyalbail
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Overview
An agreement of sale is a contractual agreement between the seller and the buyer before the actual sale takes place. It usually contains details about the terms and conditions of sale of a property. This document also includes the amount at which the property is to be sold, often known as sale consideration, and the future date of full payment.
Both the seller and the buyer must understand the terms and conditions listed in the agreement of sale and comply with them throughout the sale process. This enables the process of sale to go through without any obstacles. The agreement of sale is signed before the sale deed is executed and the sale deed is drafted based on the agreement of sale.
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Name : PAVANANJAYA
Law Firm Name : Law chamber
Country : India
City : Dakshina Kannada
State : KARNATAKA
Practicing Since: 2006
About Your Firm : I am practicing since 2006 as a civil Advocate in Mangalore I am handling civil Matters M.C Cases , Consumer cases Registration work Revenue work, Legal Opinion etc
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Legal Opinion/Title Certification ( Residential Layout )
Power of Attorneys ( Drafting General Power of Attorney )
Legal Opinion/Title Certification ( Villa Project )
Forming Owners Associations/Societies ( Apartments )
Legal Opinion/Title Certification ( Commercial complex )
Land Sourcing ( Apartment/Builder Floor )
Agreements/Deeds(Bulk) ( Memorandum of Understanding )
Land Sourcing ( Residential Layout )
Agreements/Deeds(Bulk) ( Joint Development Agreement )
Land Sourcing ( Villa Project )
Agreements/Deeds(Bulk) ( Agreement of Sale )
Land Sourcing ( Commercial complex )
Packages ( Apartment/Builder Floor )
Agreements/Deeds(Bulk) ( Agreement of Sale with GPA & Possession )
Packages ( Residential Layout )
Project Approvals ( Conversion of Land )
Packages ( Villa Project )
Procure Specific Property Document(s) ( Encumbrance Certificate )
Packages ( Commercial complex )
Procure Specific Property Document(s) ( Khata / Khata Extract )
Legal Opinion/Title Certification ( Apartment/Builder Floor )
Procure Specific Property Document(s) ( Khata Certificate/Transfer )
Legal & Drafting
Affidavits ( Gas Affidavits )
Procure Revenue Documents ( Khata Extract )
Agreements/Deeds ( Sale Agreement/Deed Review )
Registration Assistance ( Villas )
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Lease/Rental Agreements ( Room Rental Agreement )
Legal Opinion (Written) ( Apartment )
Wills ( Make A Codicil )
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Procure Revenue Documents ( Khata Certificate )
Agreements/Deeds ( Construction Agreement Review )
Registration Assistance ( Independent House )
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Lease/Rental Agreements ( Car Parking Agreement )
Legal Opinion (Written) ( Villas )
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Agreements/Deeds ( Rectification Deed )
Registration Assistance ( Agriculture Land )
Power of Attorneys ( General Power of Attorney )
Lease/Rental Agreements ( Settlement Of Rental Agreement )
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e-stamp paper ( Get E-stamp paper )
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Agreements/Deeds ( Mortgage Deed )
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Agreements/Deeds ( Agreement of Sale )
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Packages ( Sale Agreement to Registration (Plot/Site) )
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Packages ( Sale Agreement to Registration (Apartment) )
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Consultation on Property ( Property Selling )
Agreements/Deeds ( Sale deed )
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Subject : Registration of property
Question : Hello, I want advice on property registration. I have flat of 900 super built up area in Patna which I want to sell for Rs 27 lakhs. A buyer has agreed and an agreement has been made accordingly. However as per valuation the value of a property of 900 sq feet in my area is Rs 36 lakhs. Now the buyer wants to register the sale deed at Rs 36 lakhs. As payments will be made to my bank account, what will be the legal aspects and tax problems as payment amount will be Rs 27 lakhs,and I shall have to pay income tax accordingly. Please advice on the course of action to be taken. Thank you
Answer by Law chamber : Yes you have to pay income tax on 36 lakhs you shoud avaid that you can do sale deed 27 lakhs ok
Subject : Registration of property
Question : Hello, I want advice on property registration. I have flat of 900 super built up area in Patna which I want to sell for Rs 27 lakhs. A buyer has agreed and an agreement has been made accordingly. However as per valuation the value of a property of 900 sq feet in my area is Rs 36 lakhs. Now the buyer wants to register the sale deed at Rs 36 lakhs. As payments will be made to my bank account, what will be the legal aspects and tax problems as payment amount will be Rs 27 lakhs,and I shall have to pay income tax accordingly. Please advice on the course of action to be taken. Thank you
Answer by Law chamber : Yes you have to pay income tax on 36 lakhs you shoud avaid that you can do sale deed 27 lakhs ok
Subject : Registration of property
Question : Hello, I want advice on property registration. I have flat of 900 super built up area in Patna which I want to sell for Rs 27 lakhs. A buyer has agreed and an agreement has been made accordingly. However as per valuation the value of a property of 900 sq feet in my area is Rs 36 lakhs. Now the buyer wants to register the sale deed at Rs 36 lakhs. As payments will be made to my bank account, what will be the legal aspects and tax problems as payment amount will be Rs 27 lakhs,and I shall have to pay income tax accordingly. Please advice on the course of action to be taken. Thank you
Answer by Law chamber : Yes you have to pay income tax on 36 lakhs you shoud avaid that you can do sale deed 27 lakhs ok
