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Validity Period of an Agreement for Sale

meetmeat4@gmail.com - Member Since: Feb 2010
Subject - Validity Period of an Agreement for Sale
Dear Friends,

My clients want to execute an Agreement for Sale for the purchase of an Agricultural Land. However the conditions for the purchase of the said land is that the Vendor should convert the said land into Non Agricultural land (NA) and also make a pukka road upto the said land.

Hence initially they want to execute an Agreement for Sale, pay full stamp duty on the agreed consideration and register the document.

On fulfillment of the conditions of the NA and the road, the sale deed between the parties shall be executed.

As we do not know the exact time period required for the fulfillment of the above conditions, how long can the Agreement for Sale be registered and kept (what is the validity) till the final execution of the sale deed.

Regards,

Sachin


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