Agreement To Sale Under Rera

The Tribunal, which issued its decision of 12.3.2018, also found that the RERA legislation was welfare legislation and that the provisions were applicable accordingly. The court, in section 18 (1) of the act, went to the phrase “as the case may be” and found that the rate was even broad enough to cover the letter of attribution. It does not make sense, therefore, to limit section 18, paragraph 1, to the term “sales agreement.” There is no savings/deeming system under the law that takes into account the fate of unregistered ATS exported before May 1, 2017. In order to decide the fate of these TAs, the law could have been considered to have been registered under the law before May 1, 2017 (subject to payment of a tax to the negotiator) or provided that: even the ATS that were executed before May 1, 2017 should now be registered within a specified period, provided that the Authority can, in the interest of all projects developed beyond the planning area, but, with the necessary permission of the local authority, order the promoter to register with the Authority by order, and that the provisions of that law or the rules and rules contained in it apply to these projects from this registration stage. 4) The Allottee is entitled to demand reimbursement of the amount paid, as well as the prescribed interest, as well as compensation in the manner provided by this Act, to the proponent of the project if the developer does not take possession or does not own the dwelling, the land or the building, according to the terms of the contract of sale or because of the termination of his activity as a promoter because of the suspension or revocation of his registration in accordance with the provisions of this Act or the rules provided for in it. Compulsory registration of the sales contract also has drawbacks for the buyer. This is an additional outfover of funds on the part of the buyer, who now has to pay twice stamp duty, once for the registration of the sales contract and then for the registration of the sales activity. In addition, it puts additional pressure on the buyer to pay a lump sum 10% of the costs of the property on the day he executes and registers the agreement with the owner, as opposed to more convenient payments in smaller tranches.