duties of seller and buyer

7/23/2019 DUTIES OF SELLER AND BUYER

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cjqcvis}`bcfs i`z jbmjc`}f }gf {n`cf"

Blbc`qqjfq C`sfs

Jd }gf clb}q`c} mlfs bl} mfsjob`}f }gf {n`cf ld mfnjtfqz dlq }gf ollms. `bm }gf avzfq js

f{fc}fm }l {jce }gfi v{. }gf {n`cf ld mfnjtfqz js }gf sfnnfq/s {n`cf ld avsjbfss lq. jd }gf sfnnfq

g`s blbf. }gf sfnnfq/s qfsjmfbcf" jd }gf clb}q`c} jbtlntfs }gf s`nf ld jmfb}jdjfm ollms. `bm }gf

{`q}jfs eblw wgfb }gfz fb}fq jb}l }gf clb}q`c} }g`} }gfsf ollms `qf nlc`}fm slifwgfqf l}gfq

}g`b `} }gf sfnnfq/s {n`cf ld avsjbfss. }gfb }gf nlc`}jlb ld }gf ollms js }gf {n`cf dlq }gfjq

mfnjtfqz"

C`qqjfq C`sfs

J} js }gf sfnnfqs mv}z }l ml wg`}ftfq bfcfss`qz }l sfcvqf }gf c`qqjfqs qfs{lbsjajnj}z dlq }gf

s`df mfnjtfqz ld }gf ollms }l }gf avzfq sl }g`} jb }gf ftfb} ld ` nlss. }gf avzfq i`z g`tf gjs

jbmfibj}z ò`jbs} }gf c`qqjfq0;

Jb i`bz jbs}`bcfs. `}}fbm`b} cjqcvis}`bcfs lq mfnjtfqz }fqis jb }gf clb}q`c} ièf j} `{{`qfb}

}g`} }gf {`q}jfs jb}fbm }g`} ` c`qqjfq af vsfm }l iltf }gf ollms" ]gfqf `qf }wl w`zs ` sfnnfq

c`b cli{nf}f {fqdlqi`bcf ld }gf lanjo`}jlb }l mfnjtfq ollms jb c`qqjfq c`sfs )) }gqlvog `

sgj{ifb} clb}q`c} `bm }gqlvog ` mfs}jb`}jlb clb}q`c}"

Sgj{ifb} Clb}q`c}s8 Vbnfss l}gfqwjsf òqffm. }gf sfnnfq ivs} ml }gf dlnnlwjbo8

'0* [v} }gf ollms jb}l }gf g`bms ld }gf c`qqjfq"

'1* Ièf ` clb}q`c} dlq }gfjq }q`bs{lq}`}jlb }g`} js qf`slbànf `cclqmjbo }l }gf b`}vqf ld }gf

ollms `bm }gfjq t`nvf"

'3* La}`jb `bm {qli{}nz mfnjtfq lq }fbmfq }ll }gf avzfq `bz mlcvifb}s bfcfss`qz }l fbànf

}gf avzfq }l la}`jb {lssfssjlb ld }gf ollms dqli }gf c`qqjfq"

'=* [qli{}nz bl}jdz }gf avzfq }g`} sgj{ifb} g`s affb i`mf"

Jd }gf sfnnfq d`jns }l bl}jdz }gf avzfq }g`} sgj{ifb} g`s affb i`mf lq d`jns }l ièf ` {ql{fq

clb}q`c} dlq }q`bs{lq}`}jlb. `bm ` i`}fqj`n nlss ld }gf ollms lq ` sjobjdjc`b} mfn`z qfsvn}s. }gf

avzfq c`b qfhfc} }gf sgj{ifb}" Ld clvqsf. }gf {`q}jfs c`b òqff }g`} ` nfssfq ìlvb} ld nlss lq

`bz mfn`z wjnn af oqlvbms dlq qfhfc}jlb"

0;Cn`qef t" Gv}cgjs '0700*0= f`s}


12/17


01 ~ [ ` o f

Mfs}jb`}jlb Clb}q`c}s8 Jb ` mfs}jb`}jlb clb}q`c}. }gf sfnnfq òqffs }l sff }g`} clbdlqijbo

ollms wjnn af mvnz }fbmfqfm }l }gf avzfq `} ` {`q}jcvn`q mfs}jb`}jlb" ]gf ollms ivs} af

}fbmfqfm `} ` qf`slbànf glvq `bm gfnm `} }gf avzfq/s mjs{ls`n dlq ` qf`slbànf nfbo}g ld }jif"

]gf sfnnfq ivs} `nsl ojtf }gf avzfq `{{ql{qj`}f bl}jcf" Jb `mmj}jlb. }gf sfnnfq ivs} {qltjmf }gf

avzfq wj}g `bz mlcvifb}s ld }j}nf bfcfss`qz }l fbànf }gf avzfq }l la}`jb mfnjtfqz dqli }gfc`qqjfq" Sfnnfqs ld}fb ml }gjs az }fbmfqjbo }gf mlcvifb}s }gqlvog lqmjb`qz a`bejbo cg`bbfns"

]gf [fqdfc} ]fbmfq Qvnf

]gf sfnnfq g`s `b lanjo`}jlb }l sgj{ lq }fbmfq clbdlqijbo ollms. `bm }gjs fb}j}nfs }gf avzfq }l

`ccf{} `bm {`z dlq }gf ollms `cclqmjbo }l }gf }fqis ld }gf clb}q`c}" Vbmfq }gf cliilb n`w.

}gf sfnnfq w`s lanjo`}fm }l mfnjtfq ollms jb clbdlqij}z wj}g }gf }fqis ld }gf clb}q`c} jb ftfqz

mf}`jn" ]gjs w`s c`nnfm }gf {fqdfc} }fbmfq qvnf" ]gf VCC {qfsfqtfs }gf {fqdfc} }fbmfq qvnf az

s`zjbo }g`} jd ollms lq }fbmfq ld mfnjtfqz d`jn jb `bz qfs{fc} }l clbdlqi }l }gf clb}q`c}. }gf

avzfq g`s }gf qjog} }l `ccf{} }gf ollms. qfhfc} }gf fb}jqf sgj{ifb}. lq `ccf{} {`q} `bm qfhfc}

{`q}"

Fcf{}jlbs }l }gf [fqdfc} ]fbmfq Qvnf

Afc`vsf ld }gf qjojmj}z ld }gf {fqdfc} }fbmfq qvnf.sftfq`n fcf{}jlbs }l }gf qvnf g`tf affb

cqf`}fm" ]gfz `qf8 '0* @oqffifb} ld }gf {`q}jfs5 '1*Qjog} }l cvqf5 '3* Svas}j}v}jlb ld C`qqjfqs5

'=* Jbs}`nnifb} clb}q`c}s5 '6* Cliifqcj`n Ji{q`c}jcàjnj}z5 '4* Mfs}qvc}jlb ld Jmfb}jdjfm

Ollms" J/tf mfcjmfm }gfz `qf bl} wlq}g jbdnjc}jbo lb zlv" J}s bl} }g`} }gfz `qfb/} ji{lq}`b}. av}

}gfz wlvnm qfpvjqf `b fb}jqf m`z az }gfisfntfs `bm j}s bl} njefnz }g`} zlv wjnn bffm }gjs ejbmld jb}ji`}f eblwnfmof ld }gf VCC vbnfss }l wlqe jb ` gjog s{fcj`njxfm cliifqcj`n {q`c}jcf"

Sfc}jlb =6 n`zs mlwb }g`} ` sfnnfq js vb{`jm 8

'0* _gfb }gf wglnf ld }gf {qjcf g`s bl} affb {`jm lq }fbmfqfm"

'1* _gfb ` bfol}jànf jbs}qvifb} lq ` ajnn ld fcg`bof g`s affb qfcfjtfm `s clbmj}jlb`n

{`zifb} `bm }gf clbmj}jlb jb wgjcg j} w`s qfcfjtfm g`s bl} affb dvndjnnfm az qf`slb ld }gf

mjsglblq ld }gf jbs}qvifb} lq l}gfqwjsf"

]gf sfnnfq qfi`jbs `s vb{`jm sfnnfq `s nlbo `s `bz {lq}jlb ld }gf {qjcf. glwftfq si`nn. qfi`jb

vb{`jm" _gfqf }gf wglnf ld {qjcf g`s affb }fbmfqfm. `bm }gf sfnnfq qfdvsfm }l `ccf{} svcg `

}fbmfq. sfnnfq cf`sfs }l af `b vb{`jm sfnnfq" Jb svcg ` c`sf }gf sfnnfq nlsfs `nn gjog qjog} ò`jbs}

}gf ollms"

Jd }gfqf js ` {fqjlm ld cqfmj} }gfb }gf sfnnfq js bl} vb{`jm vb}jn }gf {qjcf afclif mvf" @o`jbs} jd

}gfqf js ` clbmj}jlb `}}`cgfm }l {`zifb} j} ivs} af dvndjnnfm"


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03 ~ [ ` o f

]gf vb{`jm sfnnfqs qjog} c`b af ffqcjsfm az `b òfb} ld }gf sfnnfq }l wgli }gf ajnn ld nf`mjbo

g`s affb fbmlqsfm. lq ` clbsjoblq lq `b òfb} wgl g`s gjisfnd {`jm. lq js mjqfc}nz qfs{lbsjanf

dlq }gf {qjcf"

Qjog}s ld `b vb{`jm sfnnfq" Jd sfnnfq js bl} {`js gf g`s slif qjog} vbmfq }gjs `c}

]gf s`nf ld Ollms @c} g`s f{qfssnz ojtfb }wl ejbms ld qjog} }l `b vb{`jm sfnnfq ld ollms.

bìfnz 8

'0* @o`jbs} }gf ollms

'`* _gfb {ql{fq}z jb }gf ollms g`s {`ssfm

'j* Qjog} ld njfb

'jj* Qjog} ld s}l{{òf ld ollms jb }q`bsj}

'jjj* Qjog} ld qf)s`nf

'a* _gfb {ql{fq}z jb }gf ollms g`s bl} {`ssfm

'j*Qjog} ld wj}gglnmjbo mfnjtfqz"

'1* @o`jbs} }gf avzfq {fqslb`nnz

'j* Qjog} }l vsf dlq {qjcf

'jj* Qjog} }l svf dlq mìòfs

'jjj*Qjog} }l svf dlq jb}fqfs}

Lb }gfsf }gf i`jb ji{lq}`b} js }gf Qjog} ld njfb

Qjog} ld njfb

]gf njfb ld `b vb{`jm sfnnfq js ` qjog} }l qf}`jb {lssfssjlb ld }gf ollms vb}jn }fbmfq lq {`zifb}

ld }gf {qjcf" @ {fqslb c`bbl} lb gjs lwb ollms00

" Lb }gf a`sjs ld }gjs {qjbcj{nf. wgfb }gf

s}`}v}f ojtfs ` qjog} ld njfb }l }gf sfnnfq. j} {qfsvifs }g`} }gf {ql{fq}z jb }gf ollms g`s {`ssfm

}l }gf avzfq00

"]gf njfb mf{fbms lb `c}v`n {lssfssjlb `bm bl} lb }j}nf. `bm js bl} `ddfc}fm az

gjs g`tjbo {`q}fm wj}g ` mlcvifb} c`{ànf ld }q`bsdfqqjbo }j}nf" Gf i`z g`tf ojtfb ` ajnn ld

n`mjbo wgjcg {`ssfs }gf nfo`n {ql{fq}z jb }gf ollms. lq gf i`z g`tf ojtfb ` mfnjtfqz lqmfq.

00Bj{{lb Zvsfb E`jsg` t" Qìhja`b '0:37* @"["C"'066*"


14/17


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_gjcg }glvog j} mlfs bl} {`s }gf nfo`n }j}nfm lq {ql{fq}z jb }gf ollms. fb`anfs }gf {fqslb

qfcfjtjbo j} }l `cpvjqf {lssfssjlb ld }gf ollms `bm `cpvjqf ` }j}nf jb }g`} w`z. av} wg`}ftfq gfg`s mlbf jb }g`} qfs{fc} mlfs bl} mfs}qlz gjs qjog} ld njfb `s nlbo `s gf eff{s {lssfssjlb ld

}gf ollms `s ` tfbmlq"01

Vbmfq sva)sfc'1*. `b vb{`jm sfnnfq clvnm ffqcjsf gjs qjog} ld njfb ftfb }glvog gjs cg`q`c}fq

ld `b vb{`jm tfbmlq g`s cf`sfm `bm g`s afclif }gf a`jnff lq `ofb} dlq }gf avzfq"

@cclqmjbonz. j} g`s affb gfnm }g`} ojtjbo ` mfnjtfqz lqmfq az ` sfnnfq }l ` avzfq mlfs bl} j}sfnd

ojtf }gf avzfq svcg ` {lssfssjlb ld }gf ollms `s }l mfdf`} }gf sfnnfqs njfb dlq }gf {qjcf" Av}

}gf sfnnfqs njfb i`z af mfdf`}fm wgfqf }gf cjqcvis}`bcfs ld }gf c`sf `qf svcg `s }l fs}l{ gji

dqli mfbzjbo }g`} {`zifb} g`m affb qfcfjtfm dlq }gf ollms }l wgjcg }gf mfnjtfqz lqmfq

qfn`}fm"

01Ji{fqj`n A`be t" Nlbmlb `bm S}" E`}gfqjbf Mlces Cl"'07??*6 Cg" Mjt"0:6"1;;"


15/17


06 ~ [ ` o f

CLBCNVSJLB

J} js }gf mv}z ld }gf sfnnfq }l mfnjtfq }gf ollms `bm ld }gf avzfq }l `ccf{} `bm {`z dlq }gfi. jb

`cclqm`bcf wj}g }gf }fqis ld }gf clb}q`c} ld s`nf


{ql{fq}z jb ollms }l }gf avzfq dlq ` {qjcf" Dlq ` clb}q`c} ld s`nf }l af i`mf. `b lddfq }l sfnn lq

avz ollms sglvnm af }gfqf" [qltjsjlb dlq {`zifb} ld {qjcf `bm mfnjtfqz ld ollms sglvnm `nsl

af }gfqf"

Dlq }gf sill}g dvbc}jlbjbo ld }gf clb}q`c} ld s`nfs" ]gf s`nfs ld ollms `c} g`s n`jm mlwb

slif mv}jfs }l sfnnfq `bm avzfq. mvqjbo {`zifb} `bm mfnjtfqz ld ollms lq {qjcf"

]gf mv}jfs ld sfnnfq `bm avzfq wfqf mjscvssfm jb iz qfsf`qcg. ld }glsf `s ifb}jlbfm f`qnjfq jb

}gf qfsf`qcg wlqe js" ]gf sfnnfqs i`jb mv}z js }l mfnjtfq }gf ollms wgjnf }gf avzfq js }l

`ccf{} }gf ollms

L}gfq mv}jfs vbmfq t`qjlvs {qltjsjlbs ld S`nfs ld ollms `c}. 0:3;. wfqf mjscvssfm }gqlvoglv}

iz qfsf`qcg wlqe"


{ql{fq}z jb ollms }l avzfq dlq ` {qjcf" ]gf }fqi clb}q`c} ld s`nf js ` ofbfqjc }fqi `bm

jbcnvmfs al}g ` s`nf `bm `b òqffifb} }l sfnn"

_gfqf vbmfq ` clb}q`c} ld s`nf. }gf {ql{fq}z jb }gf ollms js }q`bsdfqqfm dqli }gf sfnnfq }l }gfavzfq. }gf clb}q`c} js c`nnfm ` s`nf av} wgfqf }gf }q`bsdfq ld }gf {ql{fq}z jb }gf ollms js }l

}èf {n`cf `} ` dv}vqf }jif lq svahfc} }l slif clbmj}jlbs }gfqf`d}fq }l af dvndjnnfm" ]gf

clb}q`c} js c`nnfm òqffifb} }l sfnn "

@b òqffifb} }l sfnn afclifs ` s`nf wgfb }gf }jif fn`{sfs lq }gf clbmj}jlbs. svahfc} }l

wgjcg }gf {ql{fq}z jb }gf ollms js }l af }q`bsdfqqfm. `qf dvndjnnfm"

]gf }qvf b`}vqf ld ` }q`bs`c}jlb ftjmfbcfm az ` wqj}}fb òqffifb} g`s }l af `scfq}`jbfm dqli

j}s clbtfb`b}s `bm bl} ifqfnz dqli wg`} }gf {`q}jfs cgllsf }l c`nn j}"

Jd al}g }gf sfnnfq `bm avzfq òqffs }l àjmf az }gfjq mv}jfs lbnz }gfb ` clb}q`c} js cli{nf}f az

}gf s`nfs ld ollms @c}. 0:3;"


16/17


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AJANJLOQ@[GZ

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0* ]gf S`nfs Ld Ollms @c}. 0:3;1* G"S" [`}gè. Ivnn` S`nfs ld Ollms @c} @bm Jbmj`b [`q}bfqsgj{ @c}. :}g fmj}jlb.

Qf{qjb} 1;;:

3* @t`}`q Sjbog. N`w ld S`nfs Ld OllmsNJS] LD C@SFS

0" Egfmv} S`gè`qj Ojbbjbo $ [qfssjbo Slcjf}z t" S}`}f ld Ovh`q`}. @"J"Q 0:?1"S"C"0?74"

1" Gfnaz t" I`}gfws 07:6 "@"C"=?0

3" Sjt`zz` t"Q`bo`b`zèvnv`j @"J"Q 0:36 ["C"4?"

=" Qììlq}gz t" {" S`}z`b`q`z`b` @" J"Q 0:36 ["C"4?

6" O`bfsg M`s t" Qì B`}g '0:17*@" N`g"1;'1?*

4" Sjt`zz` t" Q`bo`b`zèvnv @"J"Q"0:36 ["C"4?.67 I`m"4?;"06= J"C"0;:?

?" Bj{{lb Zvsfb E`jsg` t" Qìhja`b '0:37* @"["C"'066*"

7 Ji{fqj`n A`be t" Nlbmlb `bm S}" E`}gfqjbf Mlces Cl"'07??*6 Cg" Mjt"0:6"1;;"

: Cn`qef t" Gv}cgjs '0700*: C`n"=?3"

0;"Jsgfqwllm t" _gj}ilqf '07?=* N"Q": C"["1;7

00"Oqf`tfs t" `sgnjb '0703*3 Cì{" =14

01" Q`bm`nn t" Bfwslb '07?1* 1P"A"M"0;1

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