Difference between Sale and Agreement to Sell
Oct 09, 2024Home Ally

What's The Difference Between Sale and Agreement to Sell?

by Godrej Properties Limited

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Frequently Asked Questions

1. What is the difference between an Agreement to Sell and Sales?

Ans: In an Agreement to Sell, ownership is transferred at a future date or when conditions are met, while in a Sale, ownership is transferred immediately.

2. What is the difference between a Sale and a Hire Purchase Agreement?

Ans: In a Sale, ownership passes immediately upon payment, while in a Hire Purchase Agreement, the buyer gets possession but ownership is transferred only after all installments are paid.

3. What is the difference between an Agreement and a Contract?

Ans: An Agreement is a mutual understanding between parties, while a Contract is a legally binding agreement enforceable by law.

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