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I will sell the property but cheques by buyer will bounce, what to do?
25-Oct-2023 (In Property Law)
Me and mom will sell the property but that person give pdf checks and they will be bounce so i will cancelld the regisry or sellded property so what can be possible sir
You and your property may be at risk if you accept post dated cheques from buyer. In a sale transaction it is necessary that you receive entire consideration amount. Sale deed without consideration is not valid. So ensure that the buyer pays you full amount before you sell the flat.
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Adv. Sagar Vishnu Chavan
Pune | 25+ Answers
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Sent notice to purchaser u/s 138 of N I Act. Or Try to appearance with them and cancelled the sale deed by executing cancelled deed or recinvenance deed. .
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Adv. Surendra Sonawane
Nashik | 25+ Answers
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it totally depends on the agreement which u enter. You need to be specific about the draft which you make. you need to bind all the clauses and safeguard your interest. This is the only option. Else you can even opt for taking a demand draft and secure urself
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