Owner refuses to sell property after taking advance money what to do
29-Dec-2023 (In Property Law)
We have done agreement with land owner with token money if 5 lacs on July 2015. But after 6 months he refuse to sell because of family pressure. He is saying that he will return the money with bank applicable interest rate. Is this is enough or suggest what else we can do.
First off all you must sand a notice to present to execute sale deed on particular date which you fixed after that you filed atandance before sub rahi stator and after you filed case specific performance before the court.
This is depend upon your terms and relation with him to accept the token money with bank interest as well. Instead of that you can sue against him for specific performance through court for sale deed as per the agreement between you and land owner.
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