Although there is no law that requires the removal of asbestos, the cost of removing asbestos is generally high and must be taken into account when considering the value of the property. It is possible to include a particular condition in the sale of the land, which requires that asbestos-containing materials be removed prior to the transfer at the seller`s expense. The GPA/SA/WILL these are all part of the transaction of the sale, but these do not give the property to the buyer. What I found from above was that the concept of these documents was originally intended to assist buyers who were not able to give the full consideration at once, to their advantage, the GPA and SA had to be executed. There is another important document that is usually attached to the SA Receipt, it is what shows that the buyer has paid a certain amount regarding the property. Now, these documents will only create their right to a certain extent when there is a buyer committed a fraud can claim the amount he paid for the property. Remember here that both parties must respect the terms of the sale agreement. Any party that does not comply with any of the terms of the agreement could be brought to justice if the other party so wishes. All parties involved should also ensure that this document can be used as legal evidence before the court of law and that all those who have agreed to comply with the conditions are required to do so.
The word property means a material or immaterial thing on which one has property rights. It can be owned by an individual or a group of people. It is the exclusive right of a person or person to a thing. Ownership has various economic, social and legal implications that flow from it. It consists of all the animated and inanimate people that a person possesses. It also includes all legal rights arising from a person`s property. Therefore, the concept of ownership is a broad concept, governed by different laws. A property owner has the right to transfer the property in any way he or she wishes. «Locked-in property can only be transferred by a transport permit (deed of sale), duly stamped and registered legally.
We therefore assert that goods can only be transferred/transported legally and legally through a registered transport obligation. Under the Indian Registration Act of 1908, any interest transfer agreement must be registered on property worth more than 100 rupees. Therefore, if you purchased a property for sale as part of an agreement without a good state of sale, you will not receive any right or interest in the property that would be transferred under the sale contract. Continued observation by Delhi High Court in Asha M.