It’s a pre-sale document recording terms agreed between the buyer and seller.

Generally no, unless it includes enforceable clauses.

It ensures clarity on price, payment, and timelines before the sale deed.

Usually drafted by legal experts or property consultants.

Yes, it can be modified by mutual agreement before signing.

Registration is not mandatory, but it is recommended for major transactions.

Due diligence, agreement of sale, and property registration.

Yes, it can be used for any personal or commercial property transaction.

It is valid until the sale deed is signed or as stated within the document.