Format of Bayana Agreement

When it comes to business transactions, it`s important to have a clear and concise agreement in place to ensure that all parties involved understand the terms and conditions of the deal. Whether you`re a buyer or a seller, a bayana agreement is a fundamental document that outlines the specifics of a property deal. In this article, we`ll discuss the format of a bayana agreement and what details it should include.

Overview of Bayana Agreement

A bayana agreement is a document that outlines the terms and conditions of a property deal between a buyer and a seller. It`s usually prepared by the seller and signed by both the parties involved. The agreement serves as a preliminary contract that establishes the conditions under which the sale will take place. It is also known as a token agreement.

The Bayana agreement is a type of agreement that is specific to the Indian subcontinent and is used primarily for real estate transactions. It is designed to protect both the buyer and the seller in a real estate transaction, ensuring that all terms and conditions are fully understood and agreed upon.

Format of Bayana Agreement

The format of a bayana agreement may vary depending on the preferences of the parties involved. However, there are certain key details that must be included in every bayana agreement to ensure that everyone is on the same page. These details include:

1. Identification of the parties involved: The agreement should clearly identify the buyer and the seller, including their full names and contact information.

2. Property details: The bayana agreement should outline the details of the property being sold, including the address, the size of the property, and any relevant details such as parking facilities.

3. Purchase price: The agreement should clearly state the purchase price of the property and any additional costs or fees that may be included.

4. Payment terms: The agreement should outline the payment terms, including the payment schedule and the mode of payment.

5. Earnest money: The bayana agreement should specify the amount of earnest money that the buyer is required to pay upon agreeing to the terms of the sale.

6. Conditions of sale: The agreement should outline any conditions of the sale, including the date of possession, the transfer of ownership, and any other legal requirements.

7. Signatures: The agreement should be signed by both the buyer and the seller, indicating their agreement to the terms and conditions outlined in the agreement.


A bayana agreement is an essential document for anyone involved in a real estate transaction in India. The agreement outlines the terms and conditions of the sale, including the purchase price, payment terms, and conditions of sale. By understanding the format of a bayana agreement and ensuring that all key details are included, you can help protect yourself in a real estate transaction and ensure that your interests are fully represented.