The sale Agreement is done at the initial stage of property dealing management by both the seller and the buyer. There are many stages involved when people buy a property. The buyer and the seller need to formulate the processes in every stage of such property-related dealings.
We can say that the Sale Agreement is a commitment between the seller and the buyer. The seller is committed in selling the property to the buyer in near future and in the same way the buyer is also dedicated to buying the same from the seller.
A sale agreement is a guarantee of future exchange of property possession.
The sale agreement determines the rules and regulations under which the property will be transferred.
The sale agreement awards the right for the buyer to buy the property being referred to on the fulfillment of specific conditions.
The sale agreement goes before the deal deed. It is signed and executed by the seller and purchaser on a non-judicial stamp paper.
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