INDIA

Buy and sell real estate properties in India with this Agreement for Sale of Property.

• Mortgage. If the purchase money is being obtained through a mortgage, the purchaser will execute a mortgage in favour of the vendor for the outstanding balance.
• Default by Purchaser. If the purchaser defaults in payment, the vendor has the right to re-sell the property and recover any deficiency from the purchaser.
• Default by Vendor. If the vendor defaults in performing his obligations, the purchaser is entitled to specific performance and has the right to claim costs, expenses and losses from the vendor.
• Fees and Costs. Stamp duty, registration costs and expenses will be paid by the purchaser.
• Dispute Resolution. The parties agree to mediate any disputes before resorting to arbitration or litigation.

Sign over possession of a real estate property in India from a seller to a purchaser with this Deed of Possession.

• The seller acknowledges payment in full for the property, and agrees that he has no further interest in or claim over the property.
• The purchaser acknowledges having received vacant possession of the property.

Transfer ownership of a real estate property in India from a seller to a purchaser with this Deed of Transfer for Flat.

• The property is a flat in a co-operative housing society building. The seller is transferring both the property and the seller's shares and membership in the society.
• The seller will pay all taxes and outgoings up to the date of the transfer, and the purchaser will pay everything thereafter.

Give over real estate property located in India to a loved one with this Gift Deed for Property form.

Prepare a contract for development of certain lands in India with this template Land Development Agreement.

• Nature of Land. The land is vacant and is under reservation under a sanctioned development plan.
• Right to Develop. The land owners grant the developer the exclusive right to develop the property on an as is, where is basis.
• Power of Attorney. The owners agree to give the developer power of attorney on their behalf to deal with public authorities and obtain sanction of the plans for the development.
• Security. The developer will be entitled to secure the property against unauthorised trespassers or squatters on the land, and will have the authority under the power of attorney to act on behalf of the owners in this regard.
• Construction. After obtaining the required consents and sanctions, and upon paying the owners the full amount of consideration, the developer will be entitled to commence construction.
• Taxes and Levies. The owners will pay all taxes, assessments and outgoings on the land up to the date that the developer takes possession. Thereafter the developer will be responsible for paying the same.
• Expenses. All expenses and costs involved in the transaction, including stamp duty and registration but not including advocates' professional fees, will be paid by the developer.

Appoint an attorney to sign documents in a real estate sale on your behalf during your absence with this Special Power of Attorney form for Indian residents and expatriates.

Appoint an agent as your attorney to handle the purchase of real estate in India for you during your absence with this Special Power of Attorney to Buy Property.

• This Special Power of Attorney form gives your attorney the power to:
  • execute and file necessary transfer and mortgage documents to complete the purchase,
  • pay out money in your name,
  • arrange for utility accounts and insurance,
  • pay taxes, charges and legal fees with respect to the transaction,
  • and to do all other things necessary to complete the purchase and take possession of the property on your behalf.
• The form is available as a fully editable MS Word template and is easy to download and use.
• Instructions are included for proper execution and notarization, for both Indian residents and expatriates.

Appoint an agent to handle the sale of property in India for you during your absence with this Special Power of Attorney to Sell Real Estate Property.

This Special Power of Attorney form gives your attorney the power to:

• execute and file necessary documents for the sale,
• receive and pay out money in your name,
• hand over possession of the property,
• pay taxes, charges and legal fees with respect to the sale of the property.

This Indian Special Power of Attorney to Sell Real Estate Property is provided in MS Word format, and contains instructions for completing and validating the form, for Indian residents and ex-patriates.