635+ Lawyers are online 
What to do incase wrong information has been given in sale agreement
07-Apr-2023 (In Documentation Law)
Dear sir I planned to sell my house of 40lakh. We made an agreement for that in 200₹ e stamp. They given advance 1lakh rest of amount will pay after we evacuate our home. But they made 5 lakh advance in agreement bt given is one lakh. Now they are not interested to buy our property and asking 5lakh to be returned. What to do sir. Is that legal? We have to pay 5lakh to them?
Sir, When was the sale agreement entered? when was the stipulated time for completion of sale transaction?
Generally, it would be 2 months from the date of entering into the Agreement of Sale. If the time has elapsed, you can send a termination notice of the agreement. It is necessary for the purchaser to prove that he has paid you Rs.5 lakh.
The immediate action from your end can be sending a termination notice if the agreed time is completed.
Generally, it would be 2 months from the date of entering into the Agreement of Sale. If the time has elapsed, you can send a termination notice of the agreement. It is necessary for the purchaser to prove that he has paid you Rs.5 lakh.
The immediate action from your end can be sending a termination notice if the agreed time is completed.
Helpful?
19+
19+
Adv. Pallavi K
Bangalore | 100+ Answers
CONTACT NOW
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.
Connect with top Documentation lawyers for your specific legal issue
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."
