Purchase And Sale Agreement (Short: Fill & Download for Free

Marketing and sales are both aimed at increasing revenue. They are so closely intertwined that people often don’t realize the difference between the two. Indeed, in small organizations, the same people typically perform both sales and marketing tasks. Nevertheless, marketing is different from sales and as the organization grows, the roles and responsibilities become more specialized.DefinitionMarketing is the systematic planning, implementation and control of business activities to bring together buyers and sellers.A sale a transaction between two parties where the buyer receives goods (tangible or intangible), services and/or assets in exchange for money. 2) An agreement between a buyer and seller on the price of a security.ApproachBroader range of activities to sell product/service, client relationship etc.; determine future needs and has a strategy in place to meet those needs for the long term relationship.Make customer demand match the products the company currently offers.FocusOverall picture to promote, distribute, price products/services; fulfill customer's wants and needs through products and/or services the company can offer.Fulfill sales volume objectivesProcessAnalysis of market, distribution channels, competitive products and services; Pricing strategies; Sales tracking and market share analysis; BudgetUsually one to oneScopeMarket research; Advertising; Sales; Public relations; Customer service and satisfaction .Once a product has been created for a customer need, persuade the customer to purchase the product to fulfill her needsHorizonLonger termShort termStrategyPullPushPriorityMarketing shows how to reach to the Customers and build long lasting relationshipSelling is the ultimate result of marketing.IdentityMarketing targets the construction of a brand identity so that it becomes easily associated with need fulfillment.Sales is the strategy of meeting needs in an opportunistic, individual method, driven by human interaction. There's no premise of brand identity, longevity or continuity. It's simply the ability to meet a need at the right time.

IBC: Insolvency and Bankruptcy CodeLet’s say you got a lot of loan and are unable to repay. Logically, the bank and other people who gave you the money will take everything you own.This didn’t happen as easily for companies. In India, companies which borrowed large loans and could not pay were not easily dissolved but became subject of never ending lawsuits. They fought on who should get paid first and how should the properties be sold, and by whom. Because of these never ending legal cases, the people who gave the loan [such as the banks] made large losses and this prevented them from giving loan to other businesses.The IBC makes it easy and fast to dissolve a company that is no longer running. Courts appoint special teams that manage the dissolution and pay the creditors in a priority order.This allows savings of tens of thousands of crores for the banks. SBI expects ₹ 30,000 cr recovery from resolution under IBC. This is just for one bank alone. And that is why this law is considered a big game changer.Not all struggling companies need to be dissolved [meaning sold as pieces with their building, furniture and other things sold separate]. In fact, if you can protect companies while they are falling, the outcome would be best for everyone. That is the second provision of the IBC.When a company is struggling and find it hard to pay monthly EMI it can file with the court and ask for protection. The court can help restructure its debt to ensure the company runs for a certain time. By that time either the company gets back on track or gets bought out. Both of these are better outcomes for the creditors than to see the whole company broken apart in pieces.For this to happen, the court would mandate certain “haircuts” to make each creditor give up a part of their rights to ensure the company’s survival or sale. For instance, Bhushan steel was recently bought by the Tatas. It resulted in SBI recovering 70% of its loan [earlier they would fight for 100% and never get anything]. Leg up for IBC as Tatas buy Bhushan SteelThe IBC is a key element to make India both a business friendly country and have a system that is fair both to businesses and the society in general [in the previous system the people who borrowed could dodge the law for a long time]. Bad Is Turning Good- From SICA To IBC-The Journey Of Bad Loans In IndiaNow, the IBC is also expanded to include real estate — to make sure struggling real estate projects either are brought to life or sold to other companies — providing some return to the people who originally invested.RERA is to bring fairness to real estate purchases. In the previous system the developers held all the cards. If you paid for a flat and it never got built or delivered on time, you are out of luck. The first provision of RERA is to have a government body regulating it, just as stock markets are regulated by the SEBI.The RERA has provisions to make the property developers tell you the exact carpet area, make clear who owns the title, develop a standard sale agreement and most importantly make sure the money you gave them is locked in a proper account that is primarily used for construction.The RERA is yet to provide sufficient benefits and is a work in progress. The state governments who are often influenced by real estate tycoons have been watering down the law and have been dodging the implementation. RERA: Implementation falls short of expectations | ORFA lot more work to be done in this case.

You don't have to have a Hong Kong payslip or be a Hong Kong resident to buy a flat in Hong Kong. You can also apply for a mortgage without being one.You should have the following documents and steps before you do any mortgage.Find out finance companies or banks who can offer you a mortgage.Ask for the valuation and see if it matches with your financial situation.Ask them what kind of discount they would apply to your income overseas.Negotiate with a bank the lending agreementSign the purchase and sale agreement.Find a solicitor to handle the purchase and sale agreement with the mortgage.Done.~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~I would suggest you to ask your relative to “gift” the unit to you. Then you pay him with a personal lending agreement with high interest of course. So you pay to him and not to the bank.Tax wise its more beneficial to do so.The downside is if you sell the house in a short period of time, most banks will not offer mortgages for a “gifted deed”.