Agreement To Sell With Possession

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The above-mentioned declaration entered into force with effect from 26 September 1990. The declaration therefore creates a legal fiction. The sales contract is considered a transfer and a stamp duty is levied on a device that has been transferred. Consequently, the sales agreement in question is a transfer within the meaning of Article 2(10) of the Law and must be duly affixed. Article 35 of the law makes inadmissible acts not duly labeled as evidence, the part of which is as follows: Remember here that both parties must comply with the conditions set out in the contract of sale. Any party that fails to comply with any of the conditions set out in the agreement may be brought before the courts if the other party so wishes. All parties concerned should also ensure that this document can be invoked as legal evidence before the courts of the law and that all those who have agreed to comply with the conditions are legally bound by it. This absolute rule is subject to the exception provided for in Section 53A of the Transfer of Ownership Act. Section 53A provides that the seller has no right to disturb the ownership thus granted to the buyer, which is the subject of the transfer, while fully aerating to its part of the obligation of the contract. It should be noted that Article 53A offers the proposed buyer protection against the contemptuous and pours out the contemptuous of the buyer`s troublesome property, but it does not heal the buyer`s ownership of the property. Ownership of the property remains in the hands of the seller. `35.

instruments which are not properly labelled as evidence, etc. No taxable act may be admitted, recorded or certified as evidence by a person authorized by law or with the agreement of the parties to obtain evidence, or admitted, recorded or certified as evidence by such a person or official, unless such document is duly stamped: (b) buyers who wish to invest undisclosed property or income in real estate without the transactions being documented publicly…

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