ASSIGNMENT OF BOOKING RIGHTS
Assignment date: __________
- EXISTING BOOKING
Transferor __________, of __________, holds booking/allotment rights in __________ under __________ for __________, being __________: __________.
Promoter: __________, __________. Original booking price: __________. Paid to promoter: __________. Balance to promoter: __________.
- ASSIGNMENT
The Transferor assigns to __________, of __________, with effect as stated in clause 3, the following: __________.
Inter-party assignment consideration: __________. Advance paid: __________. Balance: __________. Balance trigger: __________.
Where the law requires the Transferee to deduct tax at source from the assignment consideration, the Transferee deducts it, deposits it within the time allowed and gives the Transferor the certificate; tax properly deducted and deposited counts as payment of that much of the consideration.
- PROMOTER APPROVAL
Promoter-facing effectiveness: __________.
Transfer charges: __________.
Future instalments: __________.
- FAILURE OF TRANSFER
If required promoter approval is refused, the agreed treatment is: __________.
- REPRESENTATIONS AND POSSESSION
Booking-right representation: __________.
Pre-completion possession/access: __________.
This assignment transfers only the contractual/allotment rights that are legally and contractually capable of transfer. It does not itself operate as the final conveyance of the completed immovable property.
- EXECUTION
Transferor: __________
Transferee: __________
PERSONAL DATA NOTICE
This notice is given under the Digital Personal Data Protection Act, 2023.
Personal data in this document is collected only to document and administer the proposed assignment of booking or allotment rights, communicate about that purpose, verify expressly supplied transaction information, and retain an evidentiary record.
The record will be held by __________ and may be shown only to the allottee, incoming transferee, promoter/developer, authorised broker, lender, advocate, accountant, statutory authority or registration/tax authority directly involved in the stated transfer.
If the proposed transfer does not proceed, the personal data will be retained for 90 days from that decision and then erased. If it proceeds, the record will be retained for the transaction plus 12 months, except for a record that a statute requires to be kept for a longer named period.
A person named in this document may withdraw consent for future consent-based processing, request correction or erasure when the stated purpose has ended, or raise a grievance by writing to __________. The record-holder should acknowledge and respond within 30 days.
Data minimisation: this document deliberately does not require a full Aadhaar number, Aadhaar-card copy, passwords or bank credentials. Identity, PAN and lender information should be collected only where the stated transfer, tax or KYC purpose actually requires it.
Personal-data instruction: __________.
Record-holder: __________