INDEMNITY FOR DELAYED REGISTRATION
Indemnity date: __________
Seller: __________, __________. Buyer: __________, __________. Property: __________ (__________), __________.
Underlying instrument: __________. Execution date: __________. Expected registration: __________.
Delay reason: __________. Details: __________.
Consideration already paid: __________. Possession: __________.
Risk allocation: __________.
Registration commitment: __________.
The parties acknowledge that this indemnity does not replace compulsory registration or extend statutory presentation periods by contract.
EXECUTION
Indemnifier: __________
Beneficiary or acknowledging party: __________
PERSONAL DATA NOTICE
This notice is given under the Digital Personal Data Protection Act, 2023.
Personal data in this document is collected only to record the temporary registration delay, cooperation commitment and agreed indemnity allocation, communicate about that purpose, verify expressly supplied information, complete the property transaction or filing, and retain an evidentiary record.
The record will be held by __________ and may be shown only to the buyer, seller, authorised broker, advocate, bank, registering authority, revenue authority, society/developer, tax authority or other person directly involved in the stated transaction.
If the transaction 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 does not require a full Aadhaar number, Aadhaar-card copy, passwords or bank credentials unless a separate lawful verification or payment process specifically requires them.
Personal-data instruction: __________.
Record-holder: __________