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What Is The Difference Between Sale Deed And Sale Agreement

The purchase contract may or may not lead to an actual sale of the property in question. Some of the stamp duty laws, such as the Stamp Act of Maharashtra, provide for an agreement to sell a property as an appropriate deed of transfer and are therefore subject to the same stamp duty applicable to the appropriate deed of transfer or sale of a property. Because of these provisions that require the payment of stamp duty on a contract of sale, people mistakenly perceive a contract of sale as an appropriate deed of sale. The Supreme Court of India in 2012, in the case of Suraj Lamp & Industries (P) Ltd (2) v. the State of Haryana, while dealing with the validity of sales of real estate made by proxy, has the following: A deed of sale is the document that follows the contract of sale and is the main legal document justifying the sale, Assignment or transfer of ownership of a property to a buyer.



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