you should sign registered sale agreement and simultaneously make payment .
E stamp validity against payment made
I have received e stamp from the management of a mall. I did buy a unit and the contract paper along with the e stamp has been received by me. I checked and e stamp is correct (present in the govt database). However I have made some payment as per the contract mentioned. I have the payment receipt but I have not signed the contract myself as I am residing abroad. Should I get the agreement signed before making any future payment? The e stamp mentions my name correct and contract does mention my Aadhar and Pan number correctly but I am not sure if I should pay the 90% of the total booking amount before I come back and sign the documents myself.
Asked 2 years ago in Property Law
Religion: Hindu
First answer received in 30 minutes.
Lawyers are available now to answer your questions.
5 Answers
Initially you can pay only 10% amount and at the time of final registration you can pay 90% DD or Master Cheque against Sale Deed Registration in the SRO office.
It is important and pertinent that you enter into a registered sale agreement with all the conditions properly incorporated in it before you pay the advance amount.
You can pay the advance amount after the sale agreement is executed by making a mention in the sale agreement about the amount you have paid towards advance amount pertaining to the sale consideration amount
you may have to make sure that no such agreements are made without your consent even though your particulars are entered in the sale agreement or the so called estamp paper
You can sign and then proceed
E stamp does show terms of the contract.
Execute agreement to sell or register sale deed.
