A purchase agreement is an agreement to sell a property in the future. This agreement sets out the conditions under which the property in question is transferred. The Transfer of Ownership Act of 1882, which governs matters relating to the purchase and transfer of real estate, defines the sale contract or sale agreement as under: The sales contract is essentially a transaction by which both parties fulfill their parties and undertake to honour their remaining commitments within an agreed future time frame. Or the parties to a sell agreement agree to complete their entire game on the same future day. In the event of an immediate sale, all rights related to the goods to the seller are tacitly receptive to the buyer, whereas this is not the case in the sales contract. In some cases, the sale is also made in accordance with the descriptions, which is why it applies to both the sale and the sale pursuant to Section 15 of the Property Sale Act, 1930. The goods are delivered on site for sale. While in accordance with the sale, the goods must be delivered in the agreed time to come. A deed of sale is usually a document that transfers the rights of a party with a property of another property. It is designed in the first place as the continuation of the sales agreement. All the conditions mentioned in the sales agreement are met and met in the sales agreement. Literally, the sale means „an act or process of selling something“ is called sale. The sales contract is for sale when time runs out or if the conditions under which ownership of the goods must be transferred are met.
All conditions stored for understanding the sale must be carried out jointly by both parties and respected throughout the deal process until the date of the sale agreement. Therefore, a sale agreement is a basic document on which the deed of sale is written. In other words, the sale agreement can be characterized as confirmation of the future event, which may take place depending on the compliance with the conditions set out in the present. „The sale is a contract by which the seller transfers or entrusts the goods to the buyer at a price.“ In the case of a sale, when the goods are destroyed, the loss falls on the buyer, even if he does not have effective possession of the goods. „Any sales contract that is not a registered promotion (nature of sale) would fall short of the provisions of section 54 and 55 of the Transfer of Ownership Act and would not confer ownership and would not transfer any right to purchase property (except for the limited right granted under Section 53A of the Transfer of Ownership Act).“ In this case, however, it was found that there was a breach of the implied condition of the security on which the sale and the sale agreement was based. Therefore, the buyer has the right to recover the entire purchase price, even though he had been using the vehicle for four months.