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The Online Home Purchase Agreement is designed for modern real estate transactions in India where parties wish to conduct property purchases through digital means. This agreement becomes relevant when buyers and sellers agree to handle property transactions primarily through online channels, including virtual property viewings, digital documentation, and electronic payments. It complies with Indian property laws, including the Transfer of Property Act, 1882, Registration Act, 1908, and Information Technology Act, 2000, while incorporating RERA guidelines where applicable. The document addresses unique aspects of online transactions such as digital signatures, electronic payment security, and online platform terms, while maintaining all traditional requirements for property transfer. It's particularly useful for non-resident Indians, tech-savvy buyers, or situations requiring remote transaction completion.

1. Parties: Identification of seller and purchaser with complete details including names, addresses, and contact information

2. Background: Context of the sale, brief property description, and intention of parties to enter into this agreement

3. Definitions: Definitions of key terms used throughout the agreement

4. Property Details: Comprehensive description of the property including address, dimensions, and registration details

5. Purchase Price: Total consideration, payment schedule, and mode of payment

6. Payment Terms: Detailed payment structure, installment schedule, and payment mechanisms

7. Seller's Representations and Warranties: Declarations regarding property title, encumbrances, and legal compliance

8. Buyer's Representations and Warranties: Declarations regarding capacity to purchase and financial ability

9. Completion Process: Steps for transaction completion, including documentation and registration

10. Online Transaction Specifics: Digital payment mechanisms, electronic signatures, and online compliance requirements

11. Default and Remedies: Consequences of default by either party and available remedies

12. Force Majeure: Provisions for unforeseen circumstances affecting contract performance

13. Notices: Method and addresses for serving notices, including electronic communications

14. Governing Law and Jurisdiction: Applicable laws and courts having jurisdiction

15. Execution: Signature blocks and execution formalities