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Escrow Agreement for the Sale Consideration

At a glance

Price
₹399 · GST included
Stamp duty
Chargeable under Art.5, Sch.I-A (Punjab/Chandigarh) as its own agreement — not a re-stamp of the principal.
Registration
Earnest money alone isn't registrable; a s.53A (TPA) transfer contract is, compulsorily, under s.17(1A) Registration Act.
Witnesses
Two witnesses help evidence execution, not replace registration.

₹399

GST included

Launch period: downloads are free for now. The prices shown apply once payments open.

Guided questions, full draft on screen, download in Word.

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Also called

  • property sale escrow agreement
  • sale consideration escrow
  • stakeholder agreement for property sale

Whether you can fill this in here

You can fill this in here

You can fill this one in on this site, and read the whole draft on screen before you decide anything about it. It is a carefully drafted template; it is not advice about your own facts.

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Why you need it

When you need it

For holding sale consideration with a neutral stakeholder until completion events occur, when the buyer won't release funds before registration and the seller won't complete without funding confidence. State who deposits, release conditions, the long-stop date, refund trigger, and fees. The agent doesn't judge title or breach — funds stay blocked until the agreed process is satisfied.

See stamp duty, registration and witnesses

What follows is written for Punjab and Chandigarh. It states the position there rather than describing how it varies, so the amounts below are the ones that apply — worth confirming at the sub-registrar’s office, because rates change. If the property is anywhere else in India, none of this is yours.

Stamp duty

Chargeable under Art.5, Sch.I-A (Punjab/Chandigarh) as its own agreement — not a re-stamp of the principal. A Chandigarh Item-22 earnest-money rise may draw extra duty; handing over possession lets the Collector charge the conveyance rate. Stamp before signing (s.17); unstamped is inadmissible until duty+penalty paid (s.35).

Registration

Earnest money alone isn't registrable; a s.53A (TPA) transfer contract is, compulsorily, under s.17(1A) Registration Act. RERA: also s.13.

Notarisation

No substitute for compulsory registration; creates no enforceability alone.

Witnesses

Two witnesses help evidence execution, not replace registration.

Talk to a lawyer about this document₹3,539 including GST (₹2,999 + 18% GST), per documentRequest Stamp Paper

Sample preview — placeholder answers, not your data

ESCROW AGREEMENT FOR THE SALE CONSIDERATION

  1. TRANSACTION AND ESCROW

On 1 April 2026, Harpreet Singh, Aarav Sharma and escrow agent ABC Escrow Services LLP, of Sector 17, Chandigarh, establish escrow for House 52, Sector 8, Chandigarh under Agreement to Sell dated 01 August 2026.

Escrow amount: ₹2,25,00,000 (Rupees Two Crore Twenty Five Lakh only). Funding source: Buyer deposits own funds. Funding schedule: ₹75,00,000 buyer funds by 10 Sep; ₹1,50,00,000 lender funds at registration..

  1. RELEASE CONDITIONS

Release trigger: Registered conveyance plus delivery of listed originals. Conditions/documents: Signed sale deed, registration receipt, bank mortgage release, possession memo and original title chain..

Partial release: Funds remain blocked until full release conditions are met.

  1. REFUND AND LONG-STOP

Refund trigger: Transaction cancelled under written mutual/court/contractual instruction satisfying escrow terms. Long-stop date: 2 April 2026. Dispute hold: Escrow agent holds funds until joint written instruction or binding legal order.

  1. INTEREST, FEES AND COMPLIANCE

Interest: No interest entitlement is promised unless the escrow account actually credits interest. Escrow fee: ₹50,000 (Rupees Fifty Thousand only); allocation: Buyer bears escrow fee.

Compliance: Parties will satisfy escrow-agent KYC/banking requirements separately. Escrow agent email: escrow@abcservices.in.

  1. ESCROW AGENT LIMIT

The escrow agent acts as stakeholder according to these written release/refund conditions. It does not certify title, guarantee registration, decide the merits of a buyer-seller dispute, or release disputed funds merely because one party demands them.

Section 54 of the Transfer of Property Act, 1882 treats a contract for sale as an agreement that a sale will take place on settled terms; the contract does not by itself create an interest in or charge on the property. The final transfer of ownership must occur through the legally required conveyance/registered instrument.

Questions about this document

Does the Escrow Agreement for the Sale Consideration need stamp paper or stamp duty in Punjab and Chandigarh?

Chargeable under Art.5, Sch.I-A (Punjab/Chandigarh) as its own agreement — not a re-stamp of the principal. A Chandigarh Item-22 earnest-money rise may draw extra duty; handing over possession lets the Collector charge the conveyance rate. Stamp before signing (s.17); unstamped is inadmissible until duty+penalty paid (s.35).

Does the Escrow Agreement for the Sale Consideration need registration in Punjab and Chandigarh?

Earnest money alone isn't registrable; a s.53A (TPA) transfer contract is, compulsorily, under s.17(1A) Registration Act. RERA: also s.13.

What does the Escrow Agreement for the Sale Consideration cost on Kaagazaat?

₹399, GST included.

Launch period: downloads are free for now. The prices shown apply once payments open.

Does the Escrow Agreement for the Sale Consideration need witnesses?

Two witnesses help evidence execution, not replace registration.

Often needed with this document

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