LawRato

is NEFT payment a valid payment?


18-Aug-2023 (In Property Law)
i have made NEFT payment towards the account of the house owner for the purchase. made two NEFT payments of 2 lakhs and 5 lakhs. later if the owner disagrees to sell the house later. Is it a valid payment
Answers (2)

Answer #1
606 votes
Payment through NEFT is a valid payment. Keep your reciept intact or if you had transfered through your account , copy the relevent statement for future use. You can very well claim the payment. The court will accept it.
Answer #2
935 votes
Yes its a valid payment.
If the owner disagree to sell the house then in case the conditiins will follow;
If u have a valid agreement between u n the owner then its terms will follow But if u dont have any agreent and u just transferred the amount in his account then u cant prove that u have some agreement and u could just claim ur amount back.

Disclaimer: The above query and its response is NOT a legal opinion in any way whatsoever as this is based on the information shared by the person posting the query at lawrato.com and has been responded by one of the Divorce Lawyers at lawrato.com to address the specific facts and details.

Report abuse?

Comments by Users

No Comments! Be the first one to comment.

"lawrato.com has handpicked some of the best Legal Experts in the country to help you get practical Legal Advice & help."