Unregistered Agreement To Sell Validity

Unregistered Agreement To Sell Validity

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In the absence of such a provision, there is uncertainty as to the validity and application of these unregistered ATS, which are now legally required to be compulsorily registered. Parliament must respond to this ambiguity with an appropriate amendment to the law. In the absence of a law, developers have the right to defend themselves if they object, on the basis of an unregistered ATS, to the content of such an ATS not being read for evidential purposes, in accordance with Article 49 of the Registration Act. Strictly speaking, Article 49 deals only with the non-registration of documents. which must be registered compulsorily under Article 17 of the Registration Act or the TPA. Section 13 of the Act is not explicitly stated in section 49. . .