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Notice of Forfeiture of Earnest Money

At a glance

Price
₹99 · GST included
Stamp duty
No stamp duty — states a claim; forfeiture arises under the agreement/Contract Act, not this paper.
Registration
Registration is not required for the notice.
Witnesses
Witnesses are not required; proof of service is more important.

₹99

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

  • earnest money forfeiture notice
  • token forfeiture notice
  • buyer default forfeiture notice

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 when the buyer allegedly breached the sale agreement after paying earnest money, and the seller wants to formally state a forfeiture position — without assuming 'earnest money' alone makes the sum confiscable. S.74 caps compensation at a reasonable amount. State the precise breach, due date, the seller's readiness, any prior cure notice, and the amount retained — an asserted right, not an adjudicated one.

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

No stamp duty — states a claim; forfeiture arises under the agreement/Contract Act, not this paper. No Sch.I-A article taxes a notice like this. Print on plain paper/letterhead, keep proof of service.

Registration

Registration is not required for the notice.

Notarisation

Notarisation is not required.

Witnesses

Witnesses are not required; proof of service is more important.

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

NOTICE OF FORFEITURE OF EARNEST MONEY

Notice date: 2 April 2026

From Harpreet Singh, Sector 35, Chandigarh, to Aarav Sharma, Sector 21, Panchkula.

Property: Plot 118, Sector 35-A, Chandigarh (Plot/land), Residential plot measuring 500 square yards.. Agreement: Agreement to Sell dated 01 August 2026. Earnest money paid: ₹5,00,000 (Rupees Five Lakh only).

  1. ALLEGED DEFAULT

Default: Failure to pay agreed balance by due date. Details: Balance due 10 September 2026 remained unpaid after completion notice.. Performance due: 1 April 2026.

  1. SELLER READINESS

Seller position: Seller was ready and willing to complete according to the agreement.

  1. OPPORTUNITY TO CURE

Notice position: Prior written completion/cure notice was given.

  1. FORFEITURE POSITION

Legal/contractual position asserted: Seller claims contractual forfeiture subject to applicable law and reasonable-compensation limits. Amount presently proposed for retention: ₹2,50,000 (Rupees Two Lakh Fifty Thousand only).

Questions about this document

Does the Notice of Forfeiture of Earnest Money need stamp paper or stamp duty in Punjab and Chandigarh?

No stamp duty — states a claim; forfeiture arises under the agreement/Contract Act, not this paper. No Sch.I-A article taxes a notice like this. Print on plain paper/letterhead, keep proof of service.

Does the Notice of Forfeiture of Earnest Money need registration in Punjab and Chandigarh?

Registration is not required for the notice.

What does the Notice of Forfeiture of Earnest Money cost on Kaagazaat?

₹99, GST included.

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

Does the Notice of Forfeiture of Earnest Money need witnesses?

Witnesses are not required; proof of service is more important.

Often needed with this document

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