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Agreement to sell does not transfer ownership or confer any title, says SC
New Delhi: The Supreme Court has said that entering into an agreement to sell does not transfer ownership rights or confer any title in favour of the proposed buyer. “The Agreement to Sell is not a conveyance; it does not transfer ownership rights or confer any title,” observed a bench of Justices Vikram Nath and Rajesh Bindal as it decided a special leave petition filed against an order of the Karnataka High Court. In 1990, the parties had executed an agreement to sell after the entire sale consideration was paid and possession was handed over to the appellant-proposed buyer. Under this agreement, it was also stipulated that the sale deed would be executed once restriction under the Karnat

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