×

quesDue to state elections financial inst. delayed the amt.

I have booked a 2bhk flat from the share holder. Cost of the property was 165000/- .i have paid 250000 to the flat owner and rest of the amount was financed through lichfl. Lichfl was issued the amount but due to 2014 election and strike at registrar office registration of the flat was delayed and amount is not paid to the owner, know the flat owner is demanding the interest amount from when the amount is released from LICHFL. my interest of the loan is deducted for my account regularly from jan-14.

  • ansThe owner is in his right to claim interest on the unpaid amount if there is a provision of collecting interest in the agreement entered in to by and between you two. You can write to him a legal letter calling upon him not to charge the said interest since the you are not responsible for the said delay in making payment.

  • Apply For Legal Heir/Succession Certificate With Expert Lawyers
    Know More

    Click here to see all Property Legal Services
  • 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 Property Lawyers at LawRato.com to address the specific facts and details. You may post your specific query based on your facts and details to get a response from one of the Lawyers at LawRato.com or book a Detailed Consultation with a Lawyer of your choice to address your query in detail.
  • Related Articles

Consult best Property lawyers in India

Similar questions

My Grand Mother have some Property, she already done a registered will on My name…
I am the executor of a property in kolkata. As per will the property can…
My cousin is demanding his share from my father's property. He filed a baseless case…
Hello, Please do help me, and thank you in advance My mother is born in…

Property Lawyers in India

Advocate Arjun Vinod Bobde

  Supreme Court of India
 Experience: 16 years


Advocate Prashant Mendiratta

  Lajpat Nagar 4
 Experience: 24 years


Advocate Prabhjit Jauhar

  Connaught Place
 Experience: 20 years


Advocate Mohammed Abdul Quadeer

  Shree Ram Nagar
 Experience: 11 years


View all >>