Legal Format | Delhi Cooperative Society Flat
Agreement to Sell a Society Flat in Delhi
A modern draft agreement for the proposed purchase and sale of a cooperative group housing society flat in Delhi, with clauses for consideration, title verification, society dues, registration, possession, tax compliance, default and indemnity.
Before Using This Agreement Format
This template should be adapted to the exact title and status of the flat. A cooperative society flat may involve the seller's membership/share rights, allotment or conveyance documents, society records, leasehold or freehold conditions, and requirements of the Registrar Cooperative Societies, Delhi Development Authority or another lessor/authority depending on the property.
Before paying substantial consideration, the purchaser should independently verify the chain of title, allotment/conveyance documents, original share certificate, society membership, sanctioned use, mortgages or charges, court disputes, property tax, electricity/water dues, maintenance dues and any transfer restrictions or approvals applicable to the flat.
AGREEMENT TO SELL AND PURCHASE
Cooperative Group Housing Society Flat - Delhi
This Agreement to Sell and Purchase ("Agreement") is made at , Delhi, on this day of , 20, between:
Shri/Smt./Ms. , son/daughter/wife of , residing at , PAN , hereinafter referred to as the "Seller/First Party" (which expression shall, unless repugnant to the context, include his/her legal heirs, representatives, executors, administrators and permitted assigns);
AND
Shri/Smt./Ms. , son/daughter/wife of , residing at , PAN , hereinafter referred to as the "Purchaser/Second Party" (which expression shall, unless repugnant to the context, include his/her legal heirs, representatives, executors, administrators and permitted assigns).
Recitals
A. The Seller represents that he/she is lawfully entitled to transfer Flat No. , Floor , in Cooperative Group Housing Society Ltd., situated at , Delhi, together with the appurtenant rights and the Seller's relevant share/membership interest, bearing Membership No. and Share Certificate No. (collectively, the "Property").
B. The Seller has agreed to sell and the Purchaser has agreed to purchase the Property for a total sale consideration of Rs. (Rupees only), subject to verification of title and the terms below.
Terms and Conditions
Schedule A - Description of Property
Flat No.:
Floor/Block/Tower:
Society: Cooperative Group Housing Society Ltd.
Address:
Membership No.:
Share Certificate No.:
Covered/Super Area (as per title/allotment documents):
Parking, if legally appurtenant/allotted:
Leasehold/Freehold status:
Schedule B - Disclosures / Special Conditions
IN WITNESS WHEREOF, the parties have signed this Agreement on the date and place first stated above in the presence of the witnesses named below.
Name: ______________________________
Name: ______________________________
Name & address: __________________
Name & address: __________________
Legal Notes for a Delhi Society Flat Transaction
Agreement versus transfer of ownership: Section 54 of the Transfer of Property Act, 1882 defines a sale and states that a contract for sale does not, by itself, create an interest in or charge on the property. The final conveyance must therefore follow the form and registration requirements applicable to the property.
Registration: Delhi's Revenue Department administers property-document registration under the Registration Act, 1908. Applicable stamp duty, transfer duty, registration fee, circle-rate valuation and document requirements should be checked from the official Delhi Revenue portal immediately before execution.
Cooperative society membership: For Delhi cooperative housing societies, the Delhi Cooperative Societies Act, 2003, the Delhi Cooperative Societies Rules, 2007, the society's registered bye-laws and current directions of the Registrar Cooperative Societies should be checked. The RCS publishes a dedicated transfer-of-membership page and forms.
Official Legal and Registration Resources
Official rates, forms, procedures and notifications can change. Verify the current position on the relevant government portal before signing, stamping or registering documents.
Frequently Asked Questions
Does an agreement to sell itself transfer ownership of a flat?
No. A contract for sale records the terms of a proposed sale but does not itself create an interest in or charge on the immovable property. Ownership should be transferred through the registered instrument required by law.
What should a buyer verify before purchasing a society flat?
Verify the seller's title and authority, allotment/conveyance documents, membership and share certificate, encumbrances, society and utility dues, property tax, litigation, leasehold/freehold status, possession and any authority or society requirements affecting transfer.
Who pays stamp duty and registration expenses?
The parties may allocate transaction expenses in their agreement, subject to applicable law. The actual stamp duty, transfer duty, registration fee and valuation rules in force on the date of execution/registration should be verified from Delhi's official Revenue Department resources.