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Agreement Drafting Process, Drafting Process, In Conveyancing there are two types Drafting & Registration, Drafting of Client Document, If Agreement is of Land then required Documents latest Seven Twelve Extract, Mutation Entry, Zone Certificate, If Court Order that too, If Agreement is of Unit(s) then required Documents such as Index 2, N.A. Order, Commencement Certificate, RERA Certificate, If Project Completed then its Compilation or Occupancy Certificate, Floor Plan, Light Bill, Tax Receipt, Share Certificate, Foreclosure Letter, Mortgage Deed, Release of Mortgage Deed, Bank NO Due certificate, Society NOC for the Transaction of Unit(s), KYC Photo Copy, such as Pancard, Adharcard clear photo copy as a Annexure as a corroborated documents, Parties Details Such as Full Name, Age, Occupation, Pan Number Adharcard No, Full Postal Address, If Firm then which type of Firm, Its Office Address, Pan No, Its Authorised Person Name, Age, Occupation, at Residential Address, Property Description If Land then In which District, Taluka, Village, It’s Survey or Gat No, Total Area of Land out of how much Land the Transaction is going to be, Its boundaries such as who’s land or Property on East, West, North & south side, If Its Unit then in which District, Taluka, Village or City, It’s Survey or Gat No, Project Name, Phase, Wing, Floor, Flat or units, Unit area details such as its Carpet area, Enclosed Balcony, terrace area, If Parking then which type of Parking such as Open, Covered, Podium, Mechanical, Parking Number, On Electricity Bill its Meter Number, Consumer Number, If Tax Receipt then its Property Number, On Share Certificate Share No from how much to How much numbers, all details shall be mentioned in Agreement, About Consideration How much amount has been decided , How much Token paid, How much to pay at what terms & on what activity is performed then payment shall be given, If Payment is done in cash form then how much is paid & on what date, If Paid in Cheque or D.D. i.e. Demand Draft then drawn from which Bank, its Branch, Cheque or D.D. Number, If paid Online then from which Bank. Amount details on which date its Transaction ID Number or U.T.R. Number.
Various Types of Terms & Conditions Every Agreement of Different Heading has their own terms & conditions, while inserting that concern terms do ask the clients any more additional terms & conditions to insert in that?, do explain them each terms effect in affirmative & negative sense too, Then only insert that Terms & conditions, In each Agreement each party has their own responsibility, act & time Limits to perform their side as per contract shall be mentioned in detailing base. After drafting the Agreement the said Draft shall be forwarded to clients to verify the terms & get it signed from the parties along with two witness, important instruction with bias intension of any party may change the pages between the party hence to avoid that the party shall always sign on each page of the Agreement.
As per Decided in Contract Agreement if any party doesn’t perform his responsibility then another party shall take action against him as per Indian Contract Act, Specific Relief & other allied Laws & Acts, The Token amount paid by shall not be reverted back if the further payment gets stuck or the Cheques provided has been bounced, And against the Bounced cheque the aggrieved party may take action against Section 138 of Negotiable Instrument Act & said Transaction will be get cancelled such allied Points shall me inserted in the Agreement.
After getting Agreement Drafted then the related document which has been received from the clients shall be annexed as an Annexure to the Agreement.
While Drafting a simple Font shall be used, which can be easily readable, Alignment of pages shall be in proper way, Heading & Sub Heading shall be in Capital & Bold, Whole paragraph shall be presented in proper sense on continuing page, KYC Photo ID shall be scanned and get printed & not to stick ID pages on Legal Ledger Paper which damage the pages, To Present the draft in good sense you shall insert Border to the pages, & on above each page keep some space to impress stamp of the Registration office of Document Number & Paging.