An Agreement to Sale, also known as an Agreement for Sale, is a crucial legal document in the real estate industry. It outlines the terms and conditions under which the sale of a property will be executed in the future. This agreement precedes the Sale Deed and ensures that both the buyer and seller are committed to the transaction, provided certain conditions are met.

Key Features of an Agreement to Sale:

• Conditional Contract: It sets out the conditions that must be fulfilled before the sale can be completed, such as obtaining financing, completing due diligence, or getting necessary approvals.
• Mutual Commitment: Both parties express their intention to enter into a sale transaction in the future.
• Mutual Commitment:Detailed Terms and Conditions: Includes detailed terms regarding the purchase price, payment schedule, possession date, responsibilities of both parties, and penalties for breach of contract.
• Non-Transfer of Ownership: Unlike a Sale Deed, an Agreement to Sale does not transfer ownership of the property. The actual transfer happens upon the execution of the Sale Deed.