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Token Amount Agreement Format

(d) Timeline/ Validity: Assuming you sign an agreement, please mention the validity of it. Also mention the payment schedule and other terms and conditions (if necessary) of the agreement. In the case of my clients, who is a seller, the buyer does not register the property even after 3 years of signing the sales contract. The reason is that there is no such timetable in the sales contract to conclude the agreement. (h) Death of a buyer/seller: If God forbids and something happens to the buyer or seller before the real estate agreement is concluded. In this case, the legal heirs of the buyer and seller should have the same rights as those of a buyer or seller. Either the money from the tokens is repaid or the agreement is made by legal heirs. This clause is insufficient if the interval between the signing of the agreement and the sale agreement is more than one month. (e) Mention the dener and sale/subsequent execution contract: If you issue a payment receipt or execute a contract, mention that you currently pay only one symbolic money.

An agreement will be signed later and they will mention the timing of the sale/sale contract execution, as I mentioned in the previous point. 3 As a general rule, there is no illegality when the seller loses some of the money from the token, if the contract provides for it. 1. The symbolic amount is nothing more than a guarantee to the seller or contractor, depending on the case, that the potential buyer is serious about the commitment of the agreement. It should be noted here that the amount of tokens is only part of your deposit and that the two terms cannot be used interchangeably. The down payment is the amount you pay in advance to buy a property. The amount of chips is only part of it. 2) If there was no forfeiture clause of the amount paid by you 1) What is the main role of the amount of the tokens? Should it be treated as a confirmation of the sale? Determine the seller`s credibility before paying the token`s money, and avoid cash payments. If you pay the money from the token through the banking channels, the seller would not be able to prove anything else. The amount of the token is the amount of the advance or part of the sale commission granted by the buyer to the buyer as insurance of the transaction. This can be stipulated in the sales agreement.

The symbolic money is paid when the buyer and seller obtain a verbal agreement to conclude the agreement.

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