INDEMNITY BOND

(On Stamp Paper of Rs.100/-)

 

I, Shri/Smt. _______________________________________ Indian inhabitant residing at flat No. __________ Bombay do hereby solemnly affirm and declare as follows:-

1. I say that I have been allotted a flat No.________ on the _______ floor of the building belonging to ______________ Co-op. Housing Society Ltd., and situated at _____________________________________ (hereinafter referred to as the "said flat") free from all encumbrances together with permanent hereditary and absolute right of use and occupation of the said flat.

2. I say that the said society has allotted 5 number of shares of Rs.50/- each (Rs. Fifty each only) hereinafter referred to as the "said shares") to me.

3 I say that by virtue of the above mentioned facts, I am absolutely seized and possessed of and well and sufficiently entitled to the said flat in the said society.

4. I say that by an agreement dated ___________________ I have agreed to sell and transfer to Shri/Smt ______________________ the said shares and thereto all the incidental rights and interest of the said flat free from all encumbrances and absolute right of use and occupation of the said flat at the price of Rs. ____________________ (Rupees _______________________________________)

5. I say that I have not created any charge or any encumbrances over or upon the said shares or in the said flat. Nor I have created or entered into any agreement for transfer assignment of the said, shares as also have not entered into agreement with any other person or persons. I have also not entered into any agreement for inducting any person or persons in the said flat.

6. I say that the entire property is free from all encumbrances and all the flats are in occupation of the members and/or permitted persons of the said society.

I further say that in the event of any person or persons making any claim, demand, charge or any charges may be claimed or made by any person against the said Shri/Smt ___________________ then and in such event I shall indemnify and keep indemnified the said purchaser against such claim, demand charge or charges that may be faced by the said Shri/Smt _______________________________.

 

I say that the above statement made by me in the preceding paragraph are true to my own knowledge and belief and I believe the same to be true and on the strength of this declaration the said Shri/Smt _________________________ have agreed to complete the transaction of sale.

SOLEMNLY AFFIRMED at Mumbai this day of 19

 

(Shri/Smt __________________)

 

 

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