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Saturday, 28 September 2019

House Sale Agreement sample



HIS AGREEMENT is made this____________ day of_________________ 20..  BETWEEN  ..........................., a limited liability company established under the provisions of the Companies Act, Cap 212 of the Laws of the United Republic of Tanzania, of P.O. Box ........................... (herein after called”the Seller”) of the part .................................of P.O. Box .........(hereinafter called “the Purchaser”) of the other part

HOUSE SALE AGREEMENT

THIS AGREEMENT is made this____________ day of_________________ 20..

BETWEEN

..........................., a limited liability company established under the provisions of the Companies Act, Cap 212 of the Laws of the United Republic of Tanzania, of P.O. Box ........................... (hereinafter called” the Seller”) of the part .................................of P.O. Box .........(hereinafter called “the Purchaser”) of the other part 

read also transfer your property for natural love and affection via a deed of gift

WHEREAS: The Seller is the owner of a residential house situated on Plot No ......................, in .............District/Municipality/City comprised under Certificate of Title No ........ (Hereinafter called “the property”)

AND WHEREAS: The Seller is desirous of selling to the Purchaser and the Purchaser is desirous of purchasing from the Seller the said property for a consideration of TSH/USD......... (Hereinafter called “the purchase price”).



NOW THEREFORE IT IS HEREBY AGREED AS FOLLOWS:

1. In consideration of the purchase price hereinabove referred, the Seller has agreed to sell and the Purchaser has agreed to purchase the property. 
2. The Seller warrants that it owns the property free from encumbrance and that it has the right, authority and capacity to sell the property to the Purchaser. 
3. The Seller shall be responsible for all debts, outgoings, and liabilities of the property up to the date hereof and covenants to indemnify the Purchaser from and against all actions, proceedings, costs and claims in respect thereof. 
4. The Purchaser shall assume and become responsible for all outgoings and liabilities in relation to the property from the date hereof. 
5. The Seller shall be responsible for all costs associated with the transfer of the property into her name. 
6. The Seller shall deliver vacant possession to the Purchaser immediately upon receipt of full payment of the purchase price. 
7. This Agreement shall be governed by and be constructed in accordance with the laws of [insert country]


IN WITNESS WHEREOF the parties hereto have executed this Agreement the day and year first above written.   
SEALED with the COMMON SEAL of the said seller
and DELIVERED in the presence of us                                                                ____________
this ______ day of _______________ 20..                                                             Seller 
Full Name: _____________________________________  
Signature: ____________________________________  
Postal Address:   __________________________________  
                            __________________________________  
Qualification:     ___________________________________   

SIGNED and DELIVERED by the said ........................                                  ________________
 who is known    to me personally/identified to me by                                      purchaser
 PURCHASER   the latter being known to me
personally in my presence this _______ day of _______20…   

Full Name: _____________________________________        
Postal Address:   __________________________________  
                            __________________________________  
Qualification:     ___________________________________     

Drawn by:
............................, P.O. Box .....................  


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