Section 71
Deposit by purchaser of immovable property.
The Tripura Land Revenue and Land Reforms Act, 1960
About this Act
An Act to consolidate and amend the law relating to land revenue in the Union territory of Tripura and to provide for the acquisition of estates and for certain other measures of land reform.
In all cases of sale of immovable property, the
party who is declared to be the purchaser shall be required to deposit immediately 25 per cent. of the
amount of his bid, and the balance within fifteen days of the date of sale.