Cancellation of property sale agreement

938 votes

hello client hru as i can see that you havr taken 50 percent advance but balance amount as you tried to reminder also but no reply for in this case i have to go through all the documents to understand the agreement between both party then only i can advice you the currect advice

Advocate Vishwanath Pratap Singh LawRato

595 votes

Your agreement must have the clause of probation period, I.e till what time do they need to pay the entire sum.

If there’s no such clause, you can forfeit the agreement, you don’t have to return money and send them a notice of revocation

Advocate Apoorva Kumar LawRato

724 votes

Hello, i have perused your query. In these circumstances you have an option of instituting a declaration suit in a civil court of law.

Here you can pray for the relief of declaring the said agreement as null and void on the account of non performance of the agreement.

For any further assistance feel free to reach out to us.

Advocate Love Kumar Soni LawRato

732 votes

No the validity is not for a period of 3 years. It depends upon the terms of the sale agreement executed between the parties only. Perusal of the agreement is required to arrive at an appropriate conclusion. Forfeit of earnest money depends upon the specific clause

Advocate Anubhav Kathuria LawRato

541 votes

Sometimes things are not very clear in a single question. In order to provide you the right advice we need to examine the agreement first. You may meet us in person to discuss your legal issue.
Brij Mohan (Adv.)

Advocate Brij Mohan LawRato

935 votes

Good afternoon sir / madam

I have perused your query and understand that you need some legal advice. I will need some more details from your end to provide you a more comprehensive legal advice.

Regards

Advocate Abhinav Sharma LawRato

870 votes

You can issue him a legal notice regarding the payment of the balance payment and in that legal notice only you can mention the increment of 2 crores as mentioned by you. For more legal assistance I am just a call away.

Advocate Jitender Singh LawRato

635 votes

hello client as i can see your issue iss really a genine . as you are saying tht you have took advance and 3 years has passed and no balance payment has been made till now in tht case yes you should cancel this agreement but it need cancellation through court as the legal complication to be avoided to be on the safe side we need to for through your full documentation for guiding you properly.

Advocate Vishwanath Pratap Singh LawRato