An agreement made between two parties to pay consideration in future and in execution of sale deed is knownas______a) Sale b) Agreement to sellc) Hire purchase d) None
Answers
Answered by
0
it's answer is hire purchase
Answered by
0
The correct answer is option (b) Agreement to sell.
An agreement to sell is the set of terms and conditions related to selling of a property by the seller to a buyer and this includes the amount of the property is sold and the date of full payment.
It is the sale agreement, based of which the sale deed is prepared.
A document is called a Sale deed , if it is prepared upon full payment by the buyer, and at this time only, the actual transfer of property takes place.
Similar questions