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Q.

What is the next step after the Sale Agreement has been signed?

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0 2022-03-24T18:48:24+00:00

Hi,

When the seller and the buyer agree to enter into a property transaction, a contract is drawn out that specifies the terms and conditions under which the transaction will take place. An agreement to sell or a sale agreement is the name given to this document.

The transferor transfers his rights to the transferee after signing the selling agreement. After that, the transferee or purchaser becomes the sole owner of the property. A sale deed is executed following the signing of the agreement to sell and the fulfilment of the numerous terms and conditions outlined in the agreement to sell as agreed upon by the buyer and seller.

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