RECEIPT FOR THE BALANCE SALE CONSIDERATION
Seller __________, __________, acknowledges payment from Buyer __________, __________, for __________ (__________): __________.
This receipt acknowledges money actually received and does not itself transfer title.
PERSONAL DATA NOTICE
This notice is given under the Digital Personal Data Protection Act, 2023.
Personal data in this document is collected only to record and evidence receipt of the balance sale consideration, communicate about that purpose, verify expressly supplied information, complete the property transaction or filing, and retain an evidentiary record.
The record will be held by __________ and may be shown only to the buyer, seller, authorised broker, advocate, bank, registering authority, revenue authority, society/developer, tax authority or other person directly involved in the stated transaction.
If the transaction 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 does not require a full Aadhaar number, Aadhaar-card copy, passwords or bank credentials unless a separate lawful verification or payment process specifically requires them.
Record-holder: __________
SIGNATURE