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Can a property be sold for which the buyer has not paid full amount


15-Jun-2023 (In Property Law)
We sold our property to one known person 10 years back and till date he didnt pay us the full amount because of that reason registry is on our name and he didnt asked also for registry in last 10 years. On trust bases he took the original documents from us. Now if we sell that property to some other person by telling him the whole story how serious charges will be there on us? is there a safe way to proceed on this?
Answers (3)

Answer #1
852 votes
If you want sell that property firstly give back whole amount which you received by to your known personal and give the notice and then you Abel to sold out your property to others until that person take any stay from court
Answer #2
553 votes
As per Transfer of property Act ,immovable property is transferred for which certain conditions are laid. ,as per your.version you had sold your property regarding which you had receieved only half amount ,and till registry has also been not done ,in these conditions we had to see what other condition or agreement was made between you and the buyer ,provide us detail so that we can help you out !!
Answer #3
733 votes
There are several ways to avoid any inconvenience but first of all you have to tell that by what means did you receive the payment??? Under whose possession is the property at present?? How long has it been since you sold the property was there any kind of agreement during the said deal??

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