NON DISCLOSURE AGREEMENT (NDA)
WHAT IS A NDA?
A Non-Disclosure Agreement, is an agreement wherein the parties comply with sharing the confidential information/data which is mentioned under the ‘Confidentiality Clause’ of the Non-Disclosure Agreement. The parties to the Non-Disclosure Agreement also agree
to not disclose such information to the third party.
ALL SERVICES
NON DISCLOSURE AGREEMENT (NDA)
WHAT IS A NDA?
A Non-Disclosure Agreement, is an agreement wherein the parties comply with sharing the confidential information/data which is mentioned under the ‘Confidentiality Clause’ of the Non-Disclosure Agreement. The parties to the Non-Disclosure Agreement also agree
to not disclose such information to the third party.
NON DISCLOSURE AGREEMENT (NDA)
WHAT IS A NDA?
A Non-Disclosure Agreement, is an agreement wherein the parties comply with sharing the confidential information/data which is mentioned under the ‘Confidentiality Clause’ of the Non-Disclosure Agreement. The parties to the Non-Disclosure Agreement also agree
to not disclose such information to the third party.
NON DISCLOSURE AGREEMENT (NDA)
COPYRIGHT
COPYRIGHT
COPYRIGHT
WHAT IS A NDA?
A Non-Disclosure Agreement, is an agreement wherein the parties comply with sharing the confidential information/data which is mentioned under the ‘Confidentiality Clause’ of the Non-Disclosure Agreement. The parties to the Non-Disclosure Agreement also agree
to not disclose such information to the third party.
AGREEMENT TO SELL
WHAT IS AGREEMENT TO SELL?
Agreement to sell is governed by The Indian Contract Act 1872 that is a legal document required for property transactions. Under such agreement the seller agrees to give property to the buyer that is free from all encumbrances and in return the buyer agrees to pay price to seller as promised between them and certain terms and conditions are mentioned on which both the parties must agree and give their consent. It is a contractual property agreement to sell a particular property between seller and buyer at a decided price and terms between them at a particular future date.
Agreement to sell is binding upon both the parties and is a road map on how property transaction will be completed. In contrary, buyer is given 2 or 3 months time period to arrange the funds and to fulfill any other formalities as required before the actual sale. Both the parties agrees to mention certain clause in the contract that will be penalty for not respecting the contract, failure of dues by the buyer etc. An agreement clearly states the property description as well that how much will be
the floor area, carpet area, its direction, property is free hold or lease hold or mortgaged etc. and in case of mortgaged or lease hold property the terms and conditions are mentioned accordingly. An agreement to sell is signed by both the parties in the presence of two witness.
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Let us draft Agreement to Sell for you, personalized and customized according to your specific needs.
ESSENTIALS OF AGREEMENT TO SELL
Certain essentials are required for agreement to sell which are as follow:
Presence of Two Parties
There must be two parties in agreement to sell, one is seller and the other is buyer. Both seller and buyer must be a different person.
Proper consideration
Consideration includes price (in terms of money) which
a buyer has to pay to seller as promised or decided between them.
Transfer of ownership from seller to buyer
Competency of parties
Both the parties’ i.e. seller and buyer must be of sound mind and shall make an agreement without any coercion, undue influence. Parties must note that while making agreement they are not suffering from any kind of illness and also they are not under intoxication.
Conditions
Conditions include the day and time on which the delivery of particular goods will happen and in
return the buyer will accept the delivery by paying the price to seller as promised between them.
A seller must transfer the ownership of property in
goods in the name of buyer.
DIFFERENCE BETWEEN SALE & AGREEMENT TO SELL
Section 4(1) of The Sales Of Goods Act, 1930 states that a contract of sales of good is a contract under which seller transfer or agrees to transfer particular property in good to the buyer at a decided price between them.
A contract is an agreement which is enforceable by law. Every contract must have an agreement but every agreement is not a contract.
Section 4(3) of The Sales Of Goods Act,1930 properly defines Agreement to Sell that means where the property in goods need to be transferred in future prior to which some conditions has to be fulfilled, such contract is called an agreement to Sell. According to section 4(4) of the act, an agreement to sell becomes sale when time elapses or the conditions are fulfilled subject to which the property in the goods is to be transferred. So, it is clearly observed that a contract for the sales of good may be a sale or an agreement to sell depending upon the conditions.