14. That Contracting Party No. 1 admit that this sale agreement remains irrevocable and that Part 1 will not revoke or cancel it in any future. Applying the provisions of Section 88 of the RERA Act 2016, we can verify, in the analysis of the provisions of both provisions, that section 17, paragraph 2(v) of the Registration Act 1908 denies the RERA Act 2016. Therefore, under section 89 of the RERA Act 2016, the provisions of the Registration Act 1908 are not taken into account when registering the sales contract. . This absolute rule is subject to the exception of Section 53A of the Transfer of Ownership Act. Section 53A provides that the seller has no right to disturb the purchaser`s possession if the purchaser has entered into possession of the property that is the subject of the transfer, while fully acquiring its portion of the contractual obligation. It should be noted that Section 53A provides the proposed purchaser with a shield against the seller and prevents the seller from disrupting the purchaser`s property, but it does not cured the buyer`s property. The property`s ownership remains in the hands of the seller. AND Part 1 recognizes that the amount mentioned by Rs.—————— if the full and final payment in relation to the property in question.
The No. 1 party has argued to the Party 2 that the mentioned housing is itself acquired if its successor heirs, family members or others do not have the right, title, interest or concern of any kind and as such party No. 1 is fully competent to conclude this agreement and transfer all its rights in favor of party No. 2 under the terms agreed between the parties and are mentioned below and are mentioned below :- The clauses of a sales contract are important because they open the page of everything that will make it a successful transaction that is completely legally flawless. The contract will tell you whether the payment should be made in cash, in part or a payment agreement has been partially agreed in the future. To understand the conflict between RERA and Registration Act, it is important to understand the difference between the sale agreement and a deed of sale. In India, the Property Sale Agreement is covered by the Indian Contract Act 1872, the Registration Act, 1908 and the Transfer of Property Act.