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Assignment of an Agreement to Sell

At a glance

Price
Free
Stamp duty
Duty depends on the rights assigned and true legal effect — not a full conveyance unless warranted.
Registration
Register if it concerns registered rights, or is itself compulsorily registrable.
Witnesses
Both sign; two witnesses help, promoter process permitting.

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Also called

  • agreement to sell assignment
  • assignment of agreement for sale
  • buyer rights assignment

When you need it

For substituting a new buyer into an existing agreement to sell before conveyance — more than assigning a bare booking, since it carries defined rights/obligations. Identify the source agreement, why assignment is permitted, which rights move, pre/post liability, seller/promoter recognition, and handover of originals/payment records.

Read more

Per s.54 TPA, the original created no property interest — this assigns contractual rights, not title.

Whether you can fill this in here

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You can fill this one in on this site, and read the whole draft on screen before you decide anything about it. It is a carefully drafted template; it is not advice about your own facts.

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See stamp duty, registration and witnesses

What follows is written for Punjab and Chandigarh. It states the position there rather than describing how it varies, so the amounts below are the ones that apply — worth confirming at the sub-registrar’s office, because rates change. If the property is anywhere else in India, none of this is yours.

Stamp duty

Duty depends on the rights assigned and true legal effect — not a full conveyance unless warranted. Stamp before signing (s.17); if unclear which article applies, get it adjudicated by the Collector first (s.31). Unstamped: inadmissible until duty+penalty paid (s.35).

Registration

Register if it concerns registered rights, or is itself compulsorily registrable.

Notarisation

Not required here; it doesn't replace needed registration.

Witnesses

Both sign; two witnesses help, promoter process permitting.

Request Stamp Paper

Sample preview — placeholder answers, not your data

ASSIGNMENT OF AN AGREEMENT TO SELL

Assignment date: 1 April 2026

Assignor: Harpreet Singh, Sector 35, Chandigarh. Assignee: Aarav Sharma, Sector 21, Panchkula. Original seller/promoter: ABC Developers Pvt Ltd, Airport Road, SAS Nagar, Punjab.

Project: ABC Heights. RERA no.: PBRERA-SAS79-PR0123. Unit: Tower B, Apartment 804, Apartment/flat - 3 BHK apartment, 1,850 sq ft super area, one basement parking right..

Source agreement: Agreement to Sell dated 10 February 2025. Original price: ₹1,20,00,000 (Rupees One Crore Twenty Lakh only). Paid: ₹60,00,000 (Rupees Sixty Lakh only). Balance: ₹60,00,000 (Rupees Sixty Lakh only).

  1. 1. ASSIGNABILITY

Basis: Agreement expressly permits assignment subject to stated consent.

  1. 2. RIGHTS AND CONSIDERATION

The Assignor assigns to the Assignee, with effect from the date in clause 3, the Assignor's rights under the source agreement, as follows. Assigned rights: All transferable buyer/allottee rights and corresponding obligations under the identified agreement.

Assignment consideration: ₹25,00,000 (Rupees Twenty Five Lakh only). Advance: ₹5,00,000 (Rupees Five Lakh only). Balance: ₹20,00,000 (Rupees Twenty Lakh only).

Where the law requires the Assignee to deduct tax at source from the assignment consideration, the Assignee deducts it, deposits it within the time allowed and gives the Assignor the certificate; tax properly deducted and deposited counts as payment of that much of the consideration.

  1. 3. EFFECTIVE DATE AND RECOGNITION

Effective between parties: 2 April 2026. Recognition route: On written consent/endorsement.

  1. 4. LIABILITIES

Pre-effective liabilities: Assignor remains responsible for its pre-effective breaches and unpaid obligations.

Post-effective liabilities: Assignee assumes future payment and performance obligations capable of assignment.

  1. 5. DOCUMENTS AND FAILURE

Document delivery: On effective assignment and receipt of balance.

Recognition failure: Assignment unwinds and refundable inter-party payments are returned within stated days. Refund period: 7 days.

This assignment transfers the contractual position described above and does not itself convey completed title to the immovable property.

  1. 6. EXECUTION

 
 
______________________________
Signature
Assignor: Harpreet Singh
Place: ____________________
Date: 1 April 2026

 
 
______________________________
Signature
Assignee: Aarav Sharma
Place: ____________________
Date: 1 April 2026

PERSONAL DATA NOTICE

This notice is given under the Digital Personal Data Protection Act, 2023.

Personal data in this document is collected only to document and administer assignment of rights and obligations under the identified agreement to sell, communicate about that purpose, verify expressly supplied transaction information, and retain an evidentiary record.

Questions about this document

Does the Assignment of an Agreement to Sell need stamp paper or stamp duty in Punjab and Chandigarh?

Duty depends on the rights assigned and true legal effect — not a full conveyance unless warranted.

See the full position on stamp duty, registration and witnesses
Does the Assignment of an Agreement to Sell need registration in Punjab and Chandigarh?

Register if it concerns registered rights, or is itself compulsorily registrable.

See the full position on stamp duty, registration and witnesses
What does the Assignment of an Agreement to Sell cost on Kagaznama?

Free.

Documents are free. Only kits are paid.

Does the Assignment of an Agreement to Sell need witnesses?

Both sign; two witnesses help, promoter process permitting.

See the full position on stamp duty, registration and witnesses

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