Step-by-Step Process for Registration of Agreement to Sell

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STEP-BY-STEP PROCESS FOR REGISTRATION OF
AGREEMENT TO SELL
www.indiafornri.com
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AGENDA
TABLE OF CONTENT
01
What is an Agreement to Sell?
02
Step-by-Step Process for Registration of
Agreement to Sell
03
Key Considerations for NRI Sale Agreements
04
How India for NRI Helps NRIs?
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WHAT IS AN AGREEMENT TO SELL?
An Agreement to Sell is a legal document between
a buyer and seller that outlines the terms and
conditions of a future sale. It defines the
obligations of both parties and serves as a
safeguard before executing the final sale deed.
Unlike a sale deed, an agreement to sell does not
transfer ownership but confirms the intent to
transfer ownership at a later stage.
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STEP-BY-STEP PROCESS FOR
REGISTRATION OF AGREEMENT TO SELL
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STEP-BY-STEP PROCESS FOR Registration of
Agreement to SEll
Drafting the Agreement
Stamp Duty Payment
Signatures of Both Parties

• The agreement must be drafted by a legal expert,
  ensuring that all essential clauses are included.
• Key components include details of the property,
  payment terms, possession date, penalty clauses.

• The agreement requires stamp duty payment as per
  state laws.
• Stamp duty varies based on the property's value
  and location.

• The seller and buyer must sign the agreement in
  the presence of two witnesses.
• If the sale agreement with NRI is being executed,
  the NRI can sign it via a Power of Attorney (POA)
  holder in India.

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STEP-BY-STEP PROCESS FOR Registration of
Agreement to SEll
Sub-Registrar Office
Required Documents
Verification and Registration

• Original Agreement to Sell
• Property Documents
• Identity Proofs
• Address Proof
• Photographs of Both Parties
• Stamp Duty and Registration Fee Receipt
• Power of Attorney (if applicable)

• Both parties must visit the local Sub-Registrar
  Office where the property is located.
• The required documents must be submitted for
  verification.

• The Sub-Registrar verifies the documents and
  ensures compliance with legal requirements.
• If everything is in order, the agreement is
  registered, and an official record is maintained.

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KEY CONSIDERATIONS FOR NRI SALE AGREEMENTS

• Power of Attorney (POA) If the NRI cannot be
  physically present, a POA holder can sign on
  their behalf.
• Taxation Aspects NRIs selling property in India
  are subject to TDS (Tax Deducted at Source) under
  Indian tax laws.
• Repatriation of Funds Sale proceeds must comply
  with RBI guidelines for repatriation to foreign
  bank accounts.
• Legal Due Diligence It is advisable for NRIs to
  seek legal assistance to ensure compliance with
  Indian property laws.

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HOW INDIA FOR NRI HELPS NRIS?
India for NRI provides expert assistance in
property documentation, agreement registration,
and legal compliance for NRIs. Our team ensures
seamless execution of property transactions,
saving time and effort for NRIs managing real
estate in India.
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Contact US
91-9560020722
info_at_indiafornri.com
www.indiafornri.com
901, ITL Twin Tower, Netaji Shubhash Place, Pitam
Pura, Delhi
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THANK YOU
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