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Can buyer claim token money back if buyer cancels the deal ???
30-Jan-2023 (In Property Law)
We had paid token money to owner of a house. But now we don't want to proceed with the deal. So can we legally recover the amount as owner is refusing to pay the amount
My Response to your query:
If you have given token money for purchase of property and now you wish to cancel that deal in this circumstances you can ask that token amount by way of mutual understanding if paper work in that deal you can't ask tahat money.
For detail consultation you can contact me
If you have given token money for purchase of property and now you wish to cancel that deal in this circumstances you can ask that token amount by way of mutual understanding if paper work in that deal you can't ask tahat money.
For detail consultation you can contact me
Helpful?
This is my response to you:
1. One will have to read through the MOU drafted by you;
2. This will depend on the terms you have agreed to abide by;
3. You can send him a legal notice;
4. Consult a local lawyer and take steps.
1. One will have to read through the MOU drafted by you;
2. This will depend on the terms you have agreed to abide by;
3. You can send him a legal notice;
4. Consult a local lawyer and take steps.
Helpful?
Adv. Gowaal Padavi
Mumbai | 500+ Answers
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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.
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