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Sale and hire purchase

Corporate & Other Laws

Does buying a house with a house loan means hire purchase or sale? Please do answer


Sampath B

Sampath B

CA Inter

21K+

20-Oct-20 17:50

318

Answers (3)

sale


CA Suraj Lakhotia

CA Suraj Lakhotia

Admin

20-Oct-20 18:01

CA Suraj Lakhotia Admin

sale

Sir how to identify agreement to sale and hire purchase? Also please give an example


Thread Starter

Sampath B

Sampath B

CA Inter

21K+

22-Oct-20 16:58

Thread Starter

Sampath B

Sir how to identify agreement to sale and hire purchase? Also please give an example

Sale - ownership transfers immediately. Hire Purchase - Ownership transfers later.


CA Suraj Lakhotia

CA Suraj Lakhotia

Admin

22-Oct-20 18:38

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