Absolute Sale Deed

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ABSOLUTE SALE DEED.

This DEED OF ABSOLUTE SALE is made and executed on


th
this 5 Day of July 2006 By and Between.

Sri. P.V. Hanumappa.


S/o. late Veerappa.
Aged about 65 years.
Residing at House No. 550,
Pantharapalya, Mysore Road,
Bangalore-560 039.

Here in after called and referred to as VENDOR of the one part, and

Sri Atmaram.
S/o. Laluram
Aged about 33 years,
At No. 243, 3rd Main,
3rd Cross, Chamarajpet,
Bangalore-560 018.

Here in after called and referred to as PURCHASER, of the


other part.

The term vendor and purchaser shall mean and includes their legal
heirs, representatives, administrators, assignees etc., when ever the
contest so permits.
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Whereas the vendor is the absolute owner of Site No 21, Khata No.
290/1, [old No. 57] situated at Halagi Vadarahalli, Kengeri Hobli,
Bangalore South Taluk and is detailed in the schedule given hereunder
and referred to as schedule property here in after.

Hence the vendor is the absolute owner and is in possession and


enjoyment of the schedule property, having absolute right, title and
interest over the same and he is been paying tax to the Rajarajeshwari
City Municipal Council Office in reference to the schedule property.

That the vendor who is in need of funds for his family needs and
necessities, has decided and has agreed for absolute SALE of the
schedule property to the purchaser and the purchaser have agreed to
PURCHASE the schedule property from the vendor for total sale
consideration of Rs. 5,00,000-00 [ Rupees five lakh only].

NOW THIS DEED OF SALE WITNESSED AS FOLLOWS;

1. That the purchaser has paid to the vendor the sum of Rs. 5,00,000-
00 (Rupees five lakh only] that is [a] a sum of Rs. 2,00,000-00[Rupees
two lakh only] by cheque No. 276644 dated 24-04-2006 drawn on
Corporation Bank, Chamarajpet Branch, Bangalore, [b] to-day in
presence of the witness a sum of Rs. 3,00,000-00 [Rupees three lakh
only] by D.D. No. dated 4-7-2006 drawn on Corporation
Bank, Chamarajapet Branch, Bangalore, towards the full and final sale
consideration of schedule property and the vendor having received the
total sum of Rs. 5,00,000-00 [ Rupees five lakh only] as detailed above
from the purchaser, do hereby acknowledges the receipt of total sum of
Rs. 5,00,000-00 [ Rupees five lakh only], towards the full and final sale
consideration of the schedule property and the VENDOR in pursuance of
receipt of full and final consideration of schedule property do here by
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convey and transfer by way of ABSOLUTE SALE all the SCHEDULE


PROPERTY and also all the right, title and interest in and over the
schedule property to the PURCHASER together with all the right of way,
easements, all liberties, privileges, appurtenances, advantages what so
ever pertaining to and belonging to or reputed to belong to the schedule
property usually held, enjoyed together with all the estate right, title and
interest and property claims and demands of the vendor and all the other
corporeal and incorporeal rights, privileges and amenities belonging
there, to HAVE AND HOLD the schedule property absolutely for ever
from generation to generation.

2. The vendor who is in possession and enjoyment of the schedule


property, today here by delivers the vacant possession of the schedule
property to the purchaser.

3. The vendor do here by covenant with the purchaser that he is the


sole and absolute owners of the schedule property and that he has got
subsisting right to grant, assigns and convey to the purchaser in the
manner foresaid and that apart from the vendor no one else has/have any
manner of right, title and interest in and over the schedule property and
this sale is and will be binding on all his legal heirs, representatives,
successors in the interest and all person/s claiming under him.

4. The vendor do here by declare and confirm that he shall not in


future have or claim any right, title and interest in and over the schedule
property and here in after the purchaser shall have the absolute right, title
and interest in and over the schedule property and purchaser is at full
liberty to change the katha, and other entries in the revenue records and
register his names in reference to the schedule property.

5. That the vendor do here by assure and covenant with the


purchaser, that the purchaser may at any time and all times here in after
peacefully own, possess and enjoy the schedule property and the yield
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thereof paying all the taxes, with out any let objections, obstructions,
hindrance or disturbance what so ever from the vendor or from persons
claiming under him or through whom the vendor has derived the title or
other wise indemnify against all encumbrances, claims, damages, costs,
expenses created occasioned or made by the vendor or his predecessors-
in- title.

6. That the vendor shall from time to time and at all times here in
after execute, register or cause to be registered after this deed of sale at
the cost of the purchaser all such deed/s deeds of further assurances,
confirmation of rights, rectification deed and things what so ever for
future and more fully and perfectly assuring peaceable ownership,
possession and enjoyment of the schedule property as may be reasonably
required by the purchaser.

7. The vendor do here by assure and covenant with the purchaser that
the schedule property is all free from all the encumbrances, settlements,
wills, charges, liens, mortgages, attachments, proposed orders or decrees
pending or threatened legal proceedings or any other security or claims
touching the schedule property that may in any manner derogate from
the full and absolute ownership of the schedule property here by
conveyed and the vendor here by specifically agree to defend all such
proceedings at his cost.

8. That the vendor further agrees that he will indemnify and keep
the purchaser indemnified against;

a. All such actions, proceedings and other claims which the


purchaser may suffer or incur by the reason of breach of the covenants
here by or defect in the covenants here by or defect in the vendor and/or
his predecessors-in-title to the schedule property.
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b. The non-payment of the taxes and all other public charges


payable in respect of the schedule property till the date of sale.

c. All other costs and expenses that the purchaser may suffer or
incur due to the defects in the title of the vendor or his predecessors-in-
title in relation to the schedule property.

S C H E D U L E.

ALL the Part and Parcel of Immoveable Property i.e., Vacant Site
Bearing No. 21, Katha No. 290/1 [old No. 57], situated at Halagi
Vadarahalli, Kengri Hobli, Bangalore South Taluk, the site measuring
East to West: 30.0 feet and North to South: 55.00 feet, and is situated
with in the limits of Rajarajeshwara City Municipal Council, Wars No.
23 and bounded on:

East by: Site No. 22.

West by: Site No. 20.

North by: Sy. No. 52- Hosakeri halli Village,

South by: Road.

The market value of the schedule prop[erty is sum of Rs.


9,90,000-00 [Rupees nine lakh ninety thousand only].
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IN WITNESS WHEREOF, the vendor and the purchaser have


signed this Deed of Absolute Sale on the date, month and the year first
above mentioned.

Witnesses.

1.

Vendor.
[P.V.Hanumappa.]

2.

Purchaser.
[Atmaram]

Drafted by:

DAYA SHANKAR.
Advocate.
Bangalore.

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