Agreement of sale.
I have made a sale agreement for the advance amount Rs.250000/- and this is valid for 3 months only which was made on 27.01.14 the same is not registered in the register office, it has been made on Rs.100 stamp paper only (without registering it). i wanted to know this sale agreement is valid even after the period of months, if so what action i have to taken on this.
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Answers (1)
It is necessary to go through the contents of agreement to advice. Agreement for sale would be valid . in the vent purchaser fails to make balance payment within stipulated period cancel the agreement . 3) although agreement mentions advance amount should not be returned better return advance payment made after making 10% deduction.
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