In accordance with the Indian Registration Act of 1908, any agreement relating to the transfer of shares in immovable property with a value of more than one hundred rupees must be registered. Therefore, if you have purchased real estate as part of a purchase agreement without a correct deed of sale following, you will not get any right or interest in the property that would be transferred as part of the purchase agreement. A Memorandum of Understanding (MoU) is a type of agreement between two or more (bilateral) agreements. DeedTemplatesNews › English › Agr. NOW, THIS AGREEMENT. Your browser does not currently detect any of the available video formats. Even if the signing of the sales contract does not mean that the sale is over, it is a decisive step in this direction. For this reason, buyers need to know precisely the conditions set out in the agreement. Likewise, the seller obtains the right to obtain the consideration of the buyer if his part of the general conditions of sale is respected. „Fixed assets may only be transferred/transferred by a deed of transmission (deed of sale) duly stamped and registered in accordance with the law.