Before entering into agreement of sale parties may if they so desire and record their understanding in the following format.

A I D E M E M O I R E

OWNER/S : (Name/s)

PROPERTY : (Details of Property)

PURCHASER/S : (Name/s)

SALE PRICE : Rs.

ADVANCE AGREED : Rs.

BALANCE BY : (Date)

TITLE : Owners to give good title and

furnish documents of title before registration

EXPENSES : Registration & Stamp Duty by

Purchaser

RIGHTS : Specific Performance if breach

committed

ASSURANCE : (a) The Owner/s has/ve assured the

Purchaser/s that the Property hereby agreed to be sold is free from any encumbrances, attachments, mortgages, charges or liens;

(b) The Owner/s has/ have further assured the Purchaser/s that he has not entered into any other agreement/arrangement for the sale/ transfer of the Property;

DATED :

WE, the above mentioned Owner/s do hereby acknowledge receipt of the amounts from the purchaser in confirmation of the above sale to the Purchaser/s

WITNESSESS

1)

OWNER/S

2)

PURCHASER/S

[Note: Format only to be modified to suit the transaction]