LawRato

Document to be generated Sellers stay in resale flat after possession


16-Aug-2023 (In Property Law)
I have entered into Agreement for sale document and the same is registered for a resale flat in mumbai and possession letter is obtained. Seller wants to stay in the resale till end sept. 19. What document do I generate which will have a legal binding in case he does not vacate the flat by the given period as Lease agreement is not the option to br exercised. Please guide what document will stand in court of law in case lease agreement is not to be entered into. Regards solomon.
Answers (2)

Answer #1
675 votes
Respected sir/madam, If you do not wish to entered rent agreement with seller then for your safety you can execute memorandum of mutual under standing with seller and mention all the terms and conditions in there and have to do registered notary
Answer #2
807 votes
This is my response to you: 1. You can enter into an MOU; 2. Notarize the mou but do not register it; 3. The terms will be binding on him; 4. You need to discuss more facts about your situation; 5. Consult a local lawyer and take steps.

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.

Report abuse?

Comments by Users

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."