कागज़ात

Agreement to Sell – Tenanted Commercial Property

एक नज़र में

कीमत: ₹1,499 · GST शामिल
स्टाम्प ड्यूटी: This is an agreement to sell, not a lease deed and not a conveyance, so it is charged the same way any other agreement to sell is charged in Punjab and in Chandigarh — the tenancy riding along with the property does not change the instrument's class.
रजिस्ट्री: An agreement to sell is not among the documents Section 17(1) of the Registration Act, 1908 makes compulsorily registrable, because under Section 54 of the Transfer of Property Act, 1882 it does not, of itself, create an interest in the Property.
गवाह: Not required by law for an agreement to sell as such, but both offices expect two witnesses in practice, and this agreement asks for two by name because a dispute over a tenanted sale is, even more than an ordinary sale, a dispute about who signed what and when.

₹1,499

GST शामिल

लॉन्च अवधि: अभी डाउनलोड मुफ़्त हैं। दिखाई गई कीमतें भुगतान शुरू होने पर लागू होंगी।

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सभी कीमतें देखें

इन नामों से भी

Sale of Tenanted Commercial Property
Agreement to Sell Subject to Existing Tenancy
ATS with Sitting Tenant
Sale of Let-Out Shop or SCO
Sale of Leased Commercial Premises
Pre-Leased Property Sale Agreement
Reversionary Sale Agreement
Landlord's Reversion Sale Agreement

दस्तावेज़ ख़ुद अंग्रेज़ी में है। भारत में इस तरह के काग़ज़ आमतौर पर अंग्रेज़ी में ही बनते हैं, और रजिस्ट्रार, बैंक या अदालत में वही शब्द पढ़े जाते हैं जो लिखे गए हैं — इसलिए यह मंच उनका अनुवाद नहीं करता। पन्ने की भाषा हिन्दी है; दस्तावेज़ की भाषा अंग्रेज़ी।

क्या यह यहीं भरा जा सकता है

यह यहीं भरा जा सकता है

यह दस्तावेज़ आप इसी साइट पर भर सकते हैं, और कुछ भी तय करने से पहले पूरा मसौदा स्क्रीन पर पढ़ सकते हैं। यह ध्यान से तैयार किया गया प्रारूप है; आपके अपने हालात पर दी गई सलाह नहीं।

इसे भरना शुरू कीजिए

क्यों ज़रूरत पड़ती है

कब ज़रूरत पड़ती है

Use this when a commercial property in Punjab or in the Union Territory of Chandigarh — a shop, an SCO, a showroom, an office floor, a warehouse or an industrial unit — already has a tenant in occupation under a live lease, and the owner is selling it to a buyer who will take the property WITH that tenant rather than empty. The Buyer does not get vacant possession at completion: the Tenant stays exactly where it is, the rent keeps being paid, and what changes hands is the landlord's reversion — the right to receive the rent, hold the security deposit and enforce the lease going forward. Section 109 of the Transfer of Property Act, 1882 is what carries the Buyer into the landlord's position automatically on completion; this agreement fixes the price, the payment schedule and the Seller's title promises, and it also fixes the specific things that have to happen to the tenancy itself before and at completion, which an ordinary agreement to sell says nothing about. This is not the same document as a sale with vacant possession. If the property is empty, or the Seller is going to get the tenant out before handover, this is the wrong template — use the platform's Agreement to Sell or its Agreement to Sell With Possession instead. Use this one only where the parties intend the tenancy to continue after the sale. It is written to work alongside four other documents rather than repeat them: a Tenant Estoppel Certificate (the Tenant's own written confirmation of the lease facts, so the Buyer is not surprised later by a side letter or an oral variation nobody mentioned), a Tenant Attornment Letter (the Tenant's acknowledgment that the Buyer is now its landlord and that rent is now payable to the Buyer), a Rent Assignment Letter to New Buyer (the mechanics of redirecting rent and apportioning the month of completion) and a Security Deposit Transfer Letter (how the deposit the Tenant already paid moves across so the Tenant is not left chasing a Seller who no longer owns the property). This agreement creates the Seller's obligation to procure and facilitate those four papers by completion. It does not draft their contents — each is its own document on this platform, and naming them here is a cross-reference, not a substitute. Punjab and Chandigarh behave differently once a tenant is in the picture, and a Buyer who is about to become a landlord needs to know which rules it is inheriting. In Chandigarh the tenancy is rent-controlled whatever the rent is, under the East Punjab Urban Rent Restriction Act, 1949 as extended to Chandigarh — the Supreme Court's decision in Vasu Dev Singh v Union of India removed an earlier rent-based exemption from that Act, so a high-rent commercial tenancy is caught along with every other one — and a Buyer cannot simply give notice and expect the Tenant to leave; eviction still needs a ground recognised by that Act, argued before the Rent Controller. In Punjab, a non-residential letting made on or after 30 November 2013 is instead governed by Section 3(2) of the Punjab Rent Act, 1995, under which the terms the parties actually wrote into the Lease generally govern and litigation under the general rent law is barred — so what the Buyer inherits in Punjab depends heavily on reading the Lease itself, which is exactly the document Clause 5 of this agreement makes the Seller particularise before the Buyer commits. WHEN NOT TO USE THIS. Not for a residential tenancy — this is a commercial-premises document only. Not where the property is vacant or will be vacated before handover. Not where the occupant is really a licensee with no exclusive possession — a coworking seat, a bare hoarding licence or a kiosk arrangement needs none of this machinery, and the platform's other commercial documents cover those directly. Not where the Lease is itself about to expire before completion is due — this template assumes the tenancy will still be running when the sale completes. And not as a substitute for the Sale Deed: like every agreement to sell, this document fixes the bargain in writing, but Section 54 of the Transfer of Property Act, 1882 means it does not, of itself, transfer anything — only a registered Sale Deed does that, and this agreement says so in Clause 4.

स्टाम्प ड्यूटी, रजिस्ट्री और गवाह देखें

नीचे जो लिखा है वह पंजाब और चंडीगढ़ के लिए है। इसमें वहीं की स्थिति दी गई है, यह नहीं कि यह कहाँ-कहाँ कैसे बदलती है — यानी नीचे की रकमें वही हैं जो लागू होती हैं। दरें बदलती रहती हैं, इसलिए सब-रजिस्ट्रार दफ़्तर से पक्का कर लेना ठीक रहता है। अगर प्रॉपर्टी भारत में कहीं और है, तो इनमें से कुछ भी आपके लिए नहीं है।

स्टाम्प ड्यूटी

This is an agreement to sell, not a lease deed and not a conveyance, so it is charged the same way any other agreement to sell is charged in Punjab and in Chandigarh — the tenancy riding along with the property does not change the instrument's class. CHANDIGARH. Item 22 of the Chandigarh Administration's published stamp duty table prices an Agreement to Sell at 5% of the token or earnest money actually stated in it — not of the full price — with a registration fee of 1% of that token money, capped at Rs 10,000, plus a pasting fee of Rs 20. A number of property websites quote 6% instead of 5% for a Chandigarh conveyance-class instrument, and no notification resolving the two figures could be confirmed; budget for 6% and confirm the figure actually charged at the Sub-Registrar, UT Chandigarh, 30 Bays Building, Sector 17 before buying the stamp. PUNJAB. The Revenue Department's published fee table carries no row for an agreement to sell at all, which means the instrument is charged under Article 5 of Schedule I-A to the Indian Stamp Act, 1899 as it applies in Punjab — the general article for an agreement or a memorandum of an agreement. Take the draft to the Sub-Registrar or Joint Sub-Registrar of the tehsil in which the Property lies and confirm the Article 5 figure before buying the stamp; do not assume the Chandigarh percentage applies across that boundary. WHY THIS STAYS A PLAIN AGREEMENT TO SELL FOR STAMPING, WHICH IS NOT TRUE OF EVERY SALE OF A TENANTED PROPERTY. Where an agreement to sell hands the buyer possession before the Sale Deed, both offices may treat the instrument as, in substance, a conveyance and charge the higher Sale-or-Gift rate instead. That risk does not arise here. Clause 5 of this agreement is deliberate that no possession passes to the Buyer at any point before the Sale Deed — the Tenant's occupation continues without a break, under the Tenant, throughout. On that footing this agreement remains a plain agreement to sell for stamping in both places, and Clause 12 says so. The Lease itself was separately stamped when it was created, and if its own term or rent required it, separately registered then. This agreement does not require the Lease to be re-stamped, and does not itself attract duty on the rent the Lease carries — only on the earnest money stated in Clause 7.

रजिस्ट्री

An agreement to sell is not among the documents Section 17(1) of the Registration Act, 1908 makes compulsorily registrable, because under Section 54 of the Transfer of Property Act, 1882 it does not, of itself, create an interest in the Property. The one thing that displaces that general rule is Section 17(1A) — where a written contract is relied on to protect possession delivered to the buyer under Section 53A of the Transfer of Property Act, registration becomes compulsory. That provision has nothing to work with here: no possession passes to the Buyer under this agreement at all, so Section 17(1A) is not engaged, and registering this instrument remains the parties' choice rather than the law's requirement — though registering it is still worth doing, because a registered agreement sits on the Sub-Registrar's index where a later buyer's search will find it, and an unregistered one is invisible to everyone but the two parties. CHANDIGARH. If the parties do choose to register, present the document at the Sub-Registrar, UT Chandigarh, 30 Bays Building, Sector 17: documents are received between 12.00 noon and 1.00 pm, registration is carried out between 3.00 pm and 5.00 pm, and documents are returned about a week later between 9.00 and 11.00 am. PUNJAB. Present it, if registering, before the Sub-Registrar or Joint Sub-Registrar of the tehsil in which the Property lies; registration of this class of document is a one-day service under the Punjab Transparency and Accountability in Delivery of Public Services Act, 2018. THE LEASE'S OWN REGISTRATION IS A SEPARATE QUESTION FROM THIS AGREEMENT'S. A commercial lease for a term exceeding one year, or at a yearly rent, is itself compulsorily registrable under Section 107 of the Transfer of Property Act, 1882 read with Section 17(1)(d) of the Registration Act, 1908, and an unregistered lease of that kind cannot prove the tenancy under Section 49 of that Act. Clause 5 makes the Seller disclose whether the Lease was registered; that disclosure is about the Lease, and this Agreement to Sell being unregistered does not cure a defect in the Lease, just as the Lease being properly registered does not make this Agreement to Sell compulsorily registrable.

नोटरी

Not required by law. This agreement is valid once signed on properly stamped paper, and no statute requires a notary for it in Punjab or in Chandigarh. Notarisation is still worth the small cost where the agreement is not going for registration, because the notary's own register independently records who appeared and when, which is useful if a signature or a date is later disputed. In practice, notarisation is used more on the tenancy side of this transaction than on this agreement itself. The Tenant Estoppel Certificate and the Tenant Attornment Letter referred to in Clause 6 are commonly notarised, because they are signed by the Tenant — a person outside this agreement — and a notarial record of that signature is the cheapest independent evidence that the Tenant actually signed what it is later said to have signed.

गवाह

Not required by law for an agreement to sell as such, but both offices expect two witnesses in practice, and this agreement asks for two by name because a dispute over a tenanted sale is, even more than an ordinary sale, a dispute about who signed what and when. CHANDIGARH imposes a real qualification on the first witness where the document goes for registration: under paragraph 127 of the Punjab Registration Manual, the first witness must be known to the Sub-Registrar — in practice a councillor, a gazetted officer or an advocate for a sector property — and both witnesses must be known to each other. Choose that person before booking the appointment, not on the morning of it. PUNJAB follows the same Manual in substance: two identifying witnesses, adults, not parties to the agreement, each able to produce their own photo identification.

इस दस्तावेज़ पर वकील से बात करें₹3,539 GST सहित (₹2,999 + 18% GST), प्रति दस्तावेज़स्टाम्प पेपर का अनुरोध करें

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AGREEMENT TO SELL — TENANTED COMMERCIAL PROPERTY

Made at Ludhiana on 1 April 2026

1. The parties

The Seller

Name: Sethi Estates Private Limited
Address: House No. 1204, Sector 33-C, Chandigarh 160020
PAN: AABCS1234K
Selling as: Sole and absolute owner
Income-tax residence: Resident in India for income-tax purposes

Signing for the Seller: Harpreet Kaur Sethi, Director, authorised by board resolution dated 4 March 2026

The Second Seller

Name: Rajesh Sethi
Address and PAN: House No. 1204, Sector 33-C, Chandigarh 160020, PAN AABCS5678L

The Buyer

Name: Meridian Retail Holdings LLP
Address: Plot No. 8, Phase 8-B, Industrial Area, S.A.S. Nagar (Mohali) 160055
PAN: AAECM5678L
Constitution: an individual

Signing for the Buyer: Rohit Nair, Designated Partner, authorised by resolution dated 6 March 2026

The Tenant, for identification only and not as a party to this agreement:

Name: Northline Analytics Private Limited
Business at the Property: Retail showroom for consumer electronics and home appliances

1.1 "the Seller" means every person named above as seller; where there is more than one, their promises under this agreement are joint and several. "the Buyer" means every person or entity named above as buyer. The Seller and the Buyer are together "the parties". The Tenant is not a party and is not bound by this agreement; the Tenant's rights and obligations come from the Lease referred to in Clause 5.

1.2 The Seller confirms that the persons named above as Seller are all of the owners of the Property and that no other person holds any share, right or interest in it. If any other person turns out to have an interest, the Seller will obtain that person's signature on this agreement and on the Sale Deed at the Seller's own cost, failing which the Seller is in default under Clause 11.

2. The Property

2.1 The Seller agrees to sell, and the Buyer agrees to buy, the property described in Schedule 1 ("the Property"), subject to the tenancy described in Schedule 2. Both Schedules are part of this agreement.

2.2 The Property is a Shop, SCO, SCF or booth, admeasuring 500 square feet covered area, situated in Punjab, and is presently let out to the Tenant — it is not vacant and is not being sold as vacant.

2.3 The Sale Deed will be presented for registration at: Sub-Registrar, Ludhiana (East), Tehsil Complex, Ludhiana.

2.4 The Seller warrants that the Chandigarh tenure position, where the Property is in Chandigarh, is exactly as stated in Schedule 1. Where the Property is in Chandigarh and Schedule 1 records no Estate Office leasehold particulars, that silence is itself the Seller's warranty that the Property is freehold under a conveyance deed, that no Estate Office No Objection Certificate or unearned increase is payable on this sale, and that no lock-in period restricts it. A Punjab property answers the revenue record particulars in Schedule 1 instead, and the two are not both completed for the same sale.

3. Title

3.1 The Seller derives title as follows:

By Sale Deed dated 2 February 2019 executed by Prakash Retail Developers Private Limited in favour of the Seller, registered on 8 February 2019 as document no. 1140 in Book No. 1, Volume 890, in the office of the Sub-Registrar, Ludhiana (East)

3.2 The Seller has given the Buyer copies of the documents referred to above and will produce the originals for inspection whenever the Buyer asks, as Section 55(1)(b) of the Transfer of Property Act, 1882 requires. The Buyer has made, or will make, its own enquiry into title before completion, in the same way a buyer would on any purchase of Punjab or Chandigarh property — a search of the jamabandi and mutation record for a Punjab property, or of the Estate Office or conveyance record for a Chandigarh property.

4. What this agreement is, and what it is not

4.1 This is an agreement to sell. It is a contract that a sale of the Property, subject to the Tenancy, shall take place on the terms written here. It does not transfer ownership of the Property to the Buyer. Section 54 of the Transfer of Property Act, 1882 provides that a contract for the sale of immovable property does not, of itself, create any interest in or charge on that property. Ownership passes only when the Sale Deed is executed and registered. Until then the Seller remains the owner and the landlord, and what the Buyer holds is a contractual right to have this agreement performed.

4.2 This agreement is not a power of attorney, not a will and not a possession letter, and is not to be used with any of them as a substitute for a registered Sale Deed. In Suraj Lamp and Industries Pvt Ltd v State of Haryana (2012) 1 SCC 656 the Supreme Court held that a transfer by way of an agreement to sell coupled with a general power of attorney and a will does not convey title. Only a registered Sale Deed does.

5. The existing tenancy — this sale is subject to it

5.1 The Lease. A Lease Deed dated 4 April 2022 executed between the Seller, as Lessor, and the Tenant, as Lessee, for a term of nine years, dated 2 April 2026. Its term: Nine years, commencing 1 April 2022 and expiring 31 March 2031, with no renewal option.

5.2 Rent and deposit. The current monthly rent is ₹1,85,000 (Rupees One Lakh Eighty Five Thousand only), Payable in advance, on or before the 7th of every English calendar month, by bank transfer. The Seller presently holds a security deposit of ₹11,10,000 (Rupees Eleven Lakh Ten Thousand only) from the Tenant.

5.3 Registration of the Lease. The lease is registered, as particularised below Registered on 11 April 2022 as document no. 3312 in Book No. 1, Volume 1420, in the office of the Sub-Registrar, Ludhiana (East)

5.4 The Seller's representation on the tenancy. The lease is valid, subsisting and in full force; rent has been paid up to date and the Tenant is not in default under any of its terms This representation must still be true on the date fixed for completion in Clause 10; if it stops being true before then, Clause 8.6 applies.

5.5 This sale is expressly subject to the Tenancy, and the Buyer cannot claim vacant possession. The Buyer has inspected the Lease, or a copy of it, before signing this agreement, buys with full notice of the Tenant's occupation, and shall not be entitled to claim, demand or sue for vacant possession of the Property from the Seller, either at completion or at any time after it. The Seller's obligation at completion is to convey title subject to the Tenancy, not to deliver vacant physical possession, and nothing in this agreement or in the Sale Deed that follows it is to be read as a promise of vacant possession.

5.6 No possession passes to the Buyer under this agreement, and that is deliberate. Unlike a sale of vacant property, the Tenant's physical occupation of the Property continues without interruption throughout — before this agreement, on the date it is signed, and after completion, under the Buyer instead of the Seller. Because the Buyer never takes possession under this agreement, Section 17(1A) of the Registration Act, 1908 and Section 53A of the Transfer of Property Act, 1882 are not engaged by it, and Clause 12 explains what that means for stamping and registration.

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