Is Agreement Valid If Not Registered

Thus, after sending the cancellation notice to the invalid contract holder, you can log out of the agreement and look for a new buyer for your property. Article 49 of the Registration Act is new and provides for the first time a legislative sanction for the just doctrine of partial provision. This section of the law is widely accepted, as a legal action may be based on an unregistered sales contract for a given performance and may be admissible as evidence. The reservation in Article 49, which was an unregreg registered document, could be obtained as evidence of a contract in an appeal for a given performance[3]. Hon`ble Judge Badar Durrez Ahmed and Hon`ble Judge Siddharth Mridul approved the conclusion of Section 49 of the Registration Act, held by the Single Scholarly Judge, where the unregistered sales agreement could be obtained as evidence in the case of Vinod Kumar & Anr. against Ajit Singh.[4] In the absence of a legal provision to the contrary, an ATS has not been registered in accordance with the practice of the sector, with regard to real estate realized both between individuals and between developers and allottes. As the law does not require registration, ATSs was also not confronted with the consequences imposed by Article 49 of the Registration Act. As a result, the courts, and in particular consumers, have made these unregistered ATS effective. 3. Return the advance you received if the agreement does not contain a wholesale consumption clause. The Transfer Of Property Act, 1882, which extends to the whole of India, states in Section 53A that where a buyer has paid the portion of the consideration and has taken possession of the property in accordance with the terms of the contract and if such an act of transfer or transfer is not registered, the purchaser is prevented from asserting his rights in that property against the buyer.

This applies even if the document is not registered, but it comes with its provisions such as 1. As the interested party has not kept his promise to pay the balance within the agreed period of 4 months, you can terminate the contract by sending a lawyer`s notice. (6) The act of cancellation must be performed by both parties in respect of the registered contract. 2) If, in accordance with the sales agreement, 4 months were given to pay and the buyer did not make the balance of Rs 19 Lakhs, you should have terminated the contract after the expiry of the 4-month period. In addition, the execution of an agreement on a stamp document is, whenever such agreements are to be executed, is understandably cumbersome and therefore impractical. . (1889) I.L.R. 121 505 It was decided that a simple agreement did not require registration and was authorised for the purpose of obtaining a given service.

In. of another document, but if it has itself created a right to immovable property, and if it has not, it does not require registration. See Rajangam Aiyar v. Rajangam Aiyar. if it is not covered by the Law on transfer of ownership and does not have to be registered, even if it is one. 2. I advise you to terminate the contract and sell it to another person. Enjoy your own country first. The Indian Registration Act provides for the registration of documents, which records the contents of the document….