ASSIGNMENT OF AN AGREEMENT TO SELL
Assignment date: __________
Project: __________. Unit: __________, __________ - __________.
- 1. ASSIGNABILITY
- 2. RIGHTS AND CONSIDERATION
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.
- 3. EFFECTIVE DATE AND RECOGNITION
- 4. LIABILITIES
- 5. DOCUMENTS AND FAILURE
This assignment transfers the contractual position described above and does not itself convey completed title to the immovable property.
- 6. EXECUTION
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.
If the proposed transfer does not proceed, the personal data will be retained for 90 days from that decision and then erased. If it proceeds, the record will be retained for the transaction plus 12 months, except for a record that a statute requires to be kept for a longer named period.
Data minimisation: this document deliberately does not require a full Aadhaar number, Aadhaar-card copy, passwords or bank credentials. Identity, PAN and lender information should be collected only where the stated transfer, tax or KYC purpose actually requires it.